Egypt Was the Arab World’s Top Investment Destination in 2024
With an investment of almost USD 12 billion, the UAE was Egypt’s largest backer, trailed by the US at USD 10.3 billion.
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Egypt received the highest international investment in the Arab world in 2024, securing nearly USD 30 billion across 122 projects, about a third of the region’s total, according to a report by regional investment agency Daman.
The UAE was noted as the country’s top investor, contributing almost USD 12 billion, followed by the United States with USD 10.3 billion. Total foreign investment in the Arab world reached approximately USD 80 billion with Saudi Arabia ranking second after Egypt, attracting USD 17.6 billion,
while the UAE followed with USD 13.3 billion. Although the report does not specify project types, experts suggest most investments focused on oil, gas and renewable energy.