Bilal Ahmed 
uae egypts top arab investor and important trade partner
The United Arab Emirates is the largest Arab investor in Egypt. This means that compared to any other Arab country, the UAE invests in businesses and projects taking place in Egypt. As at April 2023, UAE investments in Egypt have hit a whopping $9.6 billion. More importantly, however, is the fact that companies originally established in the UAE but now with investments in different sectors operate, to a considerable extent, within Egypt.
Strong Trade Links between the UAE and Egypt
The UAE is also the second-largest trade partner for Egypt in the Arab world. This means that they have vast business transactions between themselves in terms of buying and selling different commodities. In total, such business between the two countries sums up to a value of $4 billion dollars. Egypt is also important to the UAE since it is the fifth-largest Arab trade partner for non-oil commodities.
What Egypt Exports to and Imports from UAE
In 2023, the value of Egypt’s exports to the UAE was roughly $2.2 billion. These are as follows:
- Natural pearls and precious stones
- Electrical machines and equipment
- Ready-made clothing
- Vegetable and fruit products
Egypt’s imports from the UAE were roughly valued at $1.8 billion and accounted for the following:
- Fuel and mineral oils
- Plastics and articles
- Copper and articles
- prepared fish
Renewable Energy Cooperation
The UAE and Egypt are also pooling in clean energy projects. They have a grand plan for constructing wind power in Egypt. This will help save money on natural gas and clean the air with less pollution.
More Money to Come from UAE to Egypt
More and more money from the UAE comes to Egypt. That is because UAE companies buy parts or start projects for new companies in Egypt. This happens in several areas, such as the construction of houses and offices, services, logistics, energy, etc. Simply stated, UAE and Egypt are getting closer and closer to each other in business circles, as well as in development for one another.
