Finance Egypt tops Arab list for international project investment By Nadim Kawach February 26, 2025, 11:57 AM Alamy via Reuters The Egypt pavilion at Dubai Expo 2020. The UAE was Egypt's biggest international investor in 2024 Egypt received more international project investment than any other Arab country in the first 11 months of last year, with the UAE the biggest international investor. Egypt, the third largest Arab economy after Saudi Arabia and the UAE, attracted almost $30 billion in 122 international projects, equivalent to a third of all such projects in the Arab world, a report by the Kuwaiti-based Arab Investment and Export Credit Guarantee Corporation (Daman) said. The report did not provide a breakdown of the projects, but analysts have said that they generally consist of oil and gas and renewable energy. The total value of all such projects in the Arab world was almost $80 billion, said Daman, which is part of the Cairo-based Arab League. Expat remittances to Egypt up by a half to $30bn in 2024 Egypt’s gas industry caught in vicious circle as demand rises Egypt urges return of Suez Canal traffic after Gaza ceasefire Saudi Arabia came second after Egypt, with $17.6 billion, and the UAE third, with $13.3 billion. The UAE or companies from it topped the list of investors, pumping in almost $12 billion. The United States and companies from the US came in second at $10.3 billion.
