Egypt Receives USD 2.4 Billion in Investments from Arab Countries in 6 Months

  • Cairo, Arab Republic of Egypt
  • 27 June 2024
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Egypt received net investment inflows from Arab countries worth USD 2.460 billion during the first half of the current fiscal year, according to data from the Central Bank of Egypt (CBE).

The data showed that the investments of Arab countries recorded $ 1.446 billion during the second quarter of the fiscal year 2024-2023, while it amounted to about $ 1.014 billion during the first quarter of the same year. The UAE led the investments of Arab countries with net inflows of about $ 951.2 million during the second quarter of 2023/2024. While Saudi investments in the second quarter recorded about $ 154 million, $ 131.7 million for the State of Kuwait, and $ 76.4 million for Qatar.

Source (Al-Arabiya.net Website, Edited)

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