CAPMAS reports 169% increase in UAE investments in Egypt in the first half of 2020/2021 ...Egypt

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CAPMAS reports 169% increase in UAE investments in Egypt in the first half of 2020/2021
Data from the Central Agency for Public Mobilization and Statistics revealed on Sunday, that the value of Emirati investments in Egypt increased to reach $ 1.9 billion during the first half of the fiscal year 2021/2022, compared to $712.6 million during the same period in 2020/2021, an increase of 169.1 percent. CAPMAS indicated that the value of trade exchange between Egypt and the UAE increased by $1.2 billion during the first quarter of 2022, compared to $ 1.1 billion during the same period in 2021, an increase of 1.4 percent.   The value of the Egyptian imports from the UAE decreased to $ 642.9 million during the first quarter of 2022, compared to $ 793.3 million during the same period

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