UAE Investments in Egypt Decline to $4.7 Billion Following Record Ras Al-Hekma Deal
UAE investments in Egypt fell from a record $39 billion in 2023-2024 to $4.7 billion in 2024-2025, according to CAPMAS. This decline follows the signing of a $35 billion investment deal for the Ras Al-Hekma development. Meanwhile, remittances from 1.3 million Egyptians in the UAE were $3.6 billion, and UAE imports from Egypt reached $7 billion.
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UAE investments in Egypt decreased significantly from approximately $39 billion in the 2023-2024 fiscal year to $4.7 billion in 2024-2025, as reported by CAPMAS. This decline is attributed to the aftermath of a $35 billion investment deal for Ras Al-Hekma, signed by Abu Dhabi's ADQ.
In 2024-2025, around 1.3 million Egyptians in the UAE sent home $3.6 billion in remittances. UAE imports from Egypt rose to about $7 billion, while exports remained stable at $2.7 billion, primarily consisting of jewelry, copper, and petrol.
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