Egyptian exports to Singapore surged 208% year-on-year (YoY) to $500 million in 2021, Minister of Finance Mohamed Maait stated on the sidelines of the Egypt-Singapore Business Forum, according to an official statement on November 29th.
Singaporean exports to Egypt rose to $255 million in 2020 from $128 million in 1995, Maait added.
The minister revealed that Singapore’s investments in Egypt reached around $500 million in many fields including manufacturing and logistics services.
Moreover,…