$6.2 billion in BRICS investments in Egypt

A statistical bulletin issued by the Egyptian Central Agency for Public Mobilization and Statistics showed that investments by BRICS countries in Egypt reached $6.2 billion in the previous fiscal year, while the value of Egyptian investments in BRICS countries stood at approximately $2.2 billion during the same period.

The data indicated that the United Arab Emirates topped the list of BRICS countries with the highest investment in Egypt, amounting to around $4.7 billion, followed by Saudi Arabia with $1.1 billion, then China with $277.6 million, and Russia with $62.4 million.

According to a foreign trade data report, Egypt’s imports of mobile phone and telecommunications production inputs rose by 37.1%, equivalent to $135.5 million, in the first half of 2026, reaching $500 million compared to $364.5 million during the same period in 2025.

On another front, Maersk Global Shipping announced the resumption of four additional shipping services in cooperation with the German company Hapag-Lloyd through the Suez Canal, a move described in Egypt as a gradual return to the Suez Canal.

Maersk stated in a bulletin that the resumption of services is part of the two companies’ plan to reactivate more routes through the Suez Canal, considered the shortest and most efficient route between the Asian and European continents, after a period of avoiding passage through the region. The decision to return was made following comprehensive assessments of security developments in the Red Sea area.