Cairo, Asharq Al-Awsat – The volume of trade between Egypt and the other Arab states rose by 195.2 percent between 2000-2006 reaching $6.2 billion compared to $2 billion in 2000, according to a latest report released by the Egyptian Ministry of Commerce.
The report said that five Arab states accounted for 71.5 percent of the trade exchange with Cairo, adding that these included the Kingdom of Saudi Arabia, Kuwait, Algeria, Syria and the United Arab Emirates (UAE).
The report said Saudi Arabia tops these countries as its trade exchange with Cairo accounted for 28.3 percent of the total trade turnover with all Arab states.
Asharq Al-Awsat
Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.
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