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A panoramic image of Cairo city, it was taken in April 2009, it show the Nile and one of the bridges between the two banks and the vehicles crossing in two directions. Getty Images
CAIRO: The data of the Egyptian Central Agency for Public Mobilisation and Statistics (CAPMAS) has revealed that the value of Emirati investments in Egypt increased to US$1.9 billion (AED6.98 billion) during the first half of the 2021-2022 fiscal year, compared to US$712.6 million (AED2.617 billion) during the same period of the fiscal year 2020-2021, an increase of 169.1 percent.
In a statement today, CAPMAS revealed that the value of the trade exchange between Egypt and the UAE increased to about US$1.2 billion during the first quarter of 2022, compared to US$1.1 billion during the same period in 2021, an increase of 1.4 percent.
According to the statement, the value of remittances from Egyptians working in the UAE reached US$3.5 billion during the 2020-2021 fiscal year, compared to US$3.4 billion during the 2019-2020 fiscal year, an increase of 1.4 percent.
