Egypt, UAE trade exchange hit $4.9B in 2017

ABU DHABI - 13 May 2018: The volume of trade exchange between Egypt and the UAE reached $4.9 billion in 2017 compared with $2.8 billion in 2012, according to a report prepared by Trade Policies and International Organizations Department at the UAE Ministry of Economy.

The UAE imports from Egypt achieved a growth over the aforementioned period to record $2.1 billion in 2017 compared with $649 million in 2012.

The report also reviewed the strong ties binding Egypt and UAE, noting that they are exerting much efforts to increase mutual investments and trade exchange as well as cooperation between their private and public sectors.