UAE & UK Top Foreign Investors in Egypt

The UAE and the UK were the two biggest foreign investors in Egypt during the fiscal year 2019/2020, according to official figures. The Egyptian Cabinet’s information and decision support center said the volume of foreign investment flowing into Egypt increased 26.4% to US$15.8 billion, compared to US$12.5 billion in 2015/2016.

With US$4.8 billion, Britain ranked first for investment in Egypt over the time period, followed by the UAE with US$1.6 billion. The UAE was the highest in the Arab world in terms of its inflows to Egypt, up from US$800 million in 2016/2017. The center’s report added that the oil sector accounted for 49% of all foreign direct investments in Egypt in 2019/2020.