The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that Egyptian exports to the UAE rose to $3.3 billion in 2024, compared to $2.2 billion, year-on-year, a 46.9% increase.
CAPMAS added that trade exchange between Egypt and the UAE also reached $6 billion during the same year.
In a statement issued on the occasion of President Abdel Fattah El-Sisi's visit to Abu Dhabi Wednesday, the agency explained that Egyptian exports to the UAE increased to $3.3 billion in 2024, compared to $2.2 billion, a year earlier, with a 46.9% increase.
While Egyptian imports from the UAE reached $2.7 billion in 2024, compared to $2.3 billion in 2023, a 16.8% increase.
The agency's data also showed that the value of trade between Egypt and the UAE increased to $6 billion in 2024, compared to $4.5 billion in 2023, a 31.6% increase.
The value of Emirati investments in Egypt reached $38.9 billion in the 2023/24 fiscal year, compared to $3 billion in the 2022/23 fiscal year. Meanwhile, the value of Egyptian investments in the UAE reached $1.4 billion in the 2023/24 fiscal year, compared to $1.7 billion in the 2022/23 fiscal year.
The value of remittances from Egyptians working in the UAE reached $1.8 billion during the FY2023/24 compared to $2.1 billion during the FY2022/23. Meanwhile, the value of remittances from Emiratis working in Egypt reached $31.6 million during the FYFY2022/23.
Egypt's population reached 107.7 million in June 2025, while the UAE's population reached 11.3 million during the same period.
According to official mission estimates, the number of Egyptians residing in the UAE reached 975,000 by the end of 2023.
Follow the latest news on Google News
