2024-05-17 19:14:54
The quantity of commerce alternate between Egypt and the Arab nations exceeded $26 billion in 2023, after it was $29.5 billion in 2022.
In accordance with “Youm 7” newspaper, the Egyptian Central Company for Public Mobilization and Statistics revealed, “The worth of Egyptian exports to Arab nations amounted to 13.6 billion {dollars} throughout the 12 months 2023, in comparison with 12.5 billion {dollars} throughout 2022, as Saudi Arabia got here on the forefront of the Arab nations when it comes to imports from Egypt.” Throughout 2023, the worth of Egypt’s exports reached $2.7 billion, adopted by the UAE at $2.2 billion, then Libya at $1.8 billion, then Sudan at $984.4 million, then Algeria at $850.3 million.”
In accordance with the info, “The worth of Egyptian imports from Arab nations amounted to $12.4 billion throughout the 12 months 2023, in comparison with $17 billion throughout the 12 months 2022. Saudi Arabia additionally got here in first place among the many Arab nations when it comes to exports to Egypt throughout the 12 months 2023, as the worth of Egypt’s imports from them reached $5.2 billion.” Adopted by Kuwait with $2.7 billion, then the UAE with $2.1 billion, then the Sultanate of Oman with $717.4 million, then Bahrain with $399.5 million.
As for the investments of Arab nations in Egypt, in response to the Egyptian Central Bureau of Statistics, “they amounted to 7.3 billion {dollars} throughout the fiscal 12 months 2022/2023, in comparison with 8.2 billion {dollars} throughout the fiscal 12 months 2021/2022, and the UAE ranked first within the record of Arab nations with the very best investments in Egypt throughout For the fiscal 12 months 2022/2023, the worth of its investments in Egypt amounted to $3 billion, adopted by Saudi Arabia with $2.4 billion, then Kuwait with $632.6 million, then Qatar with $548.2 million, then Bahrain with $337 million.
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2024-05-17 19:14:54