Rabat: Organized by the Embassy of the United Arab Emirates in Morocco under the theme “Investing in the Emirates: An Attractive Environment and Global Prospects,” the event brought together a large number of Moroccan and Emirati business leaders and investors.
According to Agence Marocaine De Presse, Jamal Essaidi, member of the Morocco-UAE Business Council, noted that the UAE has succeeded in consolidating its position as a global destination for investors, thanks to world-class infrastructure, political and economic stability, and an advanced legislative and regulatory framework. The country’s strategic geographical location, he added, makes it a natural bridge between East and West.
Essaidi stressed that the UAE has developed a dynamic entrepreneurial ecosystem through modern legislation and strong support for small and medium-sized enterprises, in addition to creating specialized ministries such as the Ministry of Artificial Intelligence (AI) and the Ministry of Advanced Technologies. He recalled that the law allows foreign investors to own up to 100% of shares within free zones.
He also highlighted the UAE’s experience in digital transformation and the use of AI in investment management, noting that the country’s advanced digital infrastructure has made it a global model in terms of speed and transparency of procedures.
Regarding the Emirati-Moroccan partnership, Essaidi stated that the UAE has become the leading foreign investor in Morocco, with net flows amounting to around 3.1 billion Moroccan dirhams, representing 18.9% of total foreign direct investment.
These investments cover various sectors- including real estate, energy, industry, tourism, and technology- and are supported by cooperation and strategic partnership agreements that ensure a secure and attractive environment within the Moroccan market, he said.
In a speech read on his behalf, the UAE Ambassador to Morocco, Al-Asri Saeed Ahmed Al Dhaheri, emphasized that relations between the two countries have witnessed a qualitative leap in recent years, particularly following HM King Mohammed VI’s visit to the UAE in December 2023, which led to the signing of 12 memorandums of understanding in various strategic sectors.
The ambassador also highlighted the UAE’s leading economic position, built on an ambitious vision, an attractive legal framework, and world-class infrastructure – making it a preferred destination for investment in renewable energy, technology, artificial intelligence, tourism, and industry.
In this regard, he invited Moroccan entrepreneurs to seize investment opportunities in these sectors to further strengthen the economic partnership between the two brotherly nations and promote shared growth that serves the interests of both peoples.