CAIRO - 12 September 2023: The Kingdom of Saudi Arabia ranked first on the list of the top 10 G20 countries investing in Egypt during the fiscal year 2021/2022, with the value of its investments amounting to about $8.5 billion.
Data from the Central Agency for Public Mobilization and Statistics (CAPMAS) showed that the United States of America came in second place with about $7 billion, followed by the United Kingdom with about $6.6 billion, then China with $369.4 million, then Germany with $331.6 million, then France with $315.6 million, then India with $266.1. $1 million, then South Africa $220.3 million, then Italy $104.8 million, and finally South Korea $53.1 million.
In total, the total value of the investments of the G20 countries in Egypt during the fiscal year 2021/2022 amounted to about 24 billion dollars, while it was about 21.2 billion dollars during the fiscal year 2020/2021, an increase of 2.8 billion dollars, with an increase rate of 13.3%.
CAPMAS's data showed that the value of Egyptian exports to the G20 countries increased to record $25.6 billion during the year 2022, compared to $21.1 billion during the year 2021, an increase of $4.5 billion, with an increase of 21.1%, and the value of Egyptian imports from the G20 countries reached $62.5 billion during the year. In 2022, compared to $58.9 billion during 2021, an increase of $3.6 billion, an increase of 6.1%.
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