As Egypt and the United Kingdom (UK) forge ahead with their economic partnership, the UK stands among the largest investors in Egypt, with USD 48 billion (EGP 2.3 trillion) directed across a range of sectors, including oil and gas, telecommunications, pharmaceuticals, and consumer goods, according to the Minister of Finance, Ahmed Kouchouk. Egypt is open to expanding cooperation with international partners to foster economic development and support global trade, the minister highlighted. Trade between Egypt and the United Kingdom saw a substantial rise in 2023, a trend that shows no signs of slowing down. In June 2024, the United Kingdom recorded GBP 80.5 (EGP 5.24 billion) million in exports to Egypt including GBP 31.2 million (EGP 2.03 billion) in scrap iron, GBP 20.1 million (EGP 1.31 billion) in self-propelled rail transport, GBP 9.26 million (EGP 602.37 million) in other precious metal products, GBP 7.24 million (EGP 467.6 million) in packaged medicaments, and GBP 6.01 million (EGP 390.54 million) in cars. During the same period, the United Kingdom imported GBP 158 million (EGP 10.27 billion) worth of goods from Egypt. Leading the list were GBP 30.3 million (EGP 1.97 billion) in…
