The value of Egyptian exports to UAE recorded $380.1 million during the first quarter of 2024, compared to $379 million during the same period in 2023, an increase of 0.3%.
El Wathiq Billah added that the new investments will include the sectors of medicine, agricultural manufacturing, petrochemicals, food and beverages, and building materials.
The companies that were given the Golden Licenses, on Tuesday, came as follows: the National Egyptian Railway Industries Company (NERIC) plans to establish a factory worth EGP 3.6 billion within the Suez Canal Economic Zone (SCzone).
The discussion focused on energy, construction, infrastructure, water, irrigation, information technology, food, and handicrafts.
The new investments will focus on the energy, real estate, and infrastructure sectors in Egypt