UAE is largest investor in Egypt

Thursday, 23 January 2020 16:45

The UAE has invested more than AED26.5 billion in Egypt.

That's according to the Secretary-General of the UAE International Investors Council, who also revealed that the Emirates is currently the largest investor in the North African country.

The council places Egypt at the top of Arab countries that attract Emirati investments, followed by Morocco and the Kingdom of Saudi Arabia.

The Emirati companies that have achieved success by investing in the Arab Republic of Egypt include Emaar, Etisalat, Majid Al Futtaim and DP World.

More from Business

UAE, Tunisia launch CEPA negotiations

The UAE and Tunisia have announced the start of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) to strengthen bilateral trade and investment.
Google charged with breaching EU rules, Apple told to open up to rivals

Alphabet unit Google was hit with two charges of breaching landmark EU rules on Wednesday while Apple was ordered to help rivals connect with its iPhones and iPads, as antitrust regulators continued a crackdown against Big Tech.
Dubai Land Department trials 'Real Estate Tokenisation Project'

The Dubai Land Department (DLD) has launched the pilot phase of its 'Real Estate Tokenisation Project', making it the first real estate registration entity in the Middle East to implement tokenisation on property title deeds.
BYD unveils new 5-minute super-charging EV tech

BYD has unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly as it takes to pump gas and announced for the first time that it would build a charging network across China.
Abu Dhabi agrees multi-year Microsoft-G42 partnership

Abu Dhabi government has partnered with Microsoft, and Core42, a G42 company, for a multi-year partnership to implement AI-backed cloud system aimed at improving government service efficiency.

Coming Up on Dubai Eye

The Business Breakfast
6:00am - 10:00am

The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
The Agenda
10:00am - 1:00pm

Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USA
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
New iPhone Launch - Too Soon For Apple?
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Working From Home or Hardly Working?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?

On Dubai Eye

Is There Sufficient House Supply In UAE
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Noon's First Female Delivery Driver
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!

Search Dubai Eye 103.8

UAE is largest investor in Egypt

More from Business

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

Our Shows

Quick Links

Listen on the Go

Search Dubai Eye 103.8

UAE is largest investor in Egypt

Share

More from Business

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

Our Shows

Quick Links

Listen on the Go