Trade between Egypt and Saudi Arabia grew by 18.18 percent in 2024, reaching USD 6.5 billion compared to USD 5.5 billion in 2023, according to an announcement by Commercial Minister Plenipotentiary and Head of the Egyptian Commercial Office in Saudi Arabia Osama Basha.

Egypt now ranks seventh among Saudi Arabia’s largest trading partners. Saudi investments in Egypt have reached USD 37 billion across more than 6,830 companies, while Egyptian investments in Saudi Arabia total USD 5 billion through 805 companies.

The economic collaboration between Egypt and Saudi Arabia is expected to continue expanding in the coming years. In August 2024, General Authority for Investment and Free Zones (GAFI) CEO Hossam Heiba announced that Egypt will open a Saudi investment office at the authority's headquarters in Cairo to further boost trade and investment ties.

Previous Article WATCH: Ahmed Malek, Aya Samaha & Director Karim Shaaban on ‘6 Ayam’
Next Article Getting Up Close & [PERSONA]L with Egypt’s Risky Boys

Events Calendar

All Events

Omar Dahl Releases Organic House EP 'Traum'

Hot Mess Sunsets to host Saliah at Helipad Dubai with Nuit de Folie

Key Features of Egypt’s Proposed Personal Status Law

National Policy to Combat Forced Labour Launched in Saudi Arabia

Cairo Photo Week Turns Downtown Cairo Into a Story Hub This May

Getting Up Close & [PERSONA]L with Egypt’s Risky Boys