Emirati Investment: A Bridge of Friendship Between Arab Nations

Egypt: Landmark $35 Billion Deal

In February 2024, the UAE signed a record $35 billion agreement with Egypt. The agreement is to develop Ras El Hekma on the northwestern coast.

The project—Egypt’s largest ever—will create a global city with tourism facilities, financial services, an international airport, and seaport. It is designed to attract up to eight million visitors annually.

The deal stabilized Egypt’s currency market and boosted foreign reserves to nearly $46 billion by July 2024. Moreover, it improved the country’s credit rating and reassured global investors. Arab investments in Egypt surged to $41.5 billion in 2023/24, up 470% year-on-year. The UAE contributed $38.9 billion—far ahead of Saudi Arabia and Qatar.

Jordan: $2.3 Billion Rail Network

In September 2024, the UAE committed $2.3 billion to a railway. This railway links Aqaba port to mining areas in Al-Jouf and Shidiya.

The project, part of a wider $5.5 billion package, aims to cut transport costs. It also aims to improve export efficiency and attract industrial investment. Analysts say it could position Jordan as a logistics hub for the Levant.

Morocco: Diversification and Growth

In Morocco, the UAE remains one of the largest Arab investors. Their focus includes tourism, real estate, industry, and technology. The investments aim to support economic diversification and reduce reliance on traditional sectors. They also deepen strategic partnerships between the two countries.

Global Reach, Regional Focus

By early 2024, total UAE overseas investments reached about $2.5 trillion, cementing its status as a global investment power. Yet the Arab world remains central to its strategy, with targeted projects designed to deliver shared growth and regional stability.

Development as Diplomacy

The UAE has built its investment policy around “development diplomacy”—turning capital into large-scale projects. This creates jobs and strengthens cooperation. From Egypt to Jordan and Morocco, Emirati investments act as a bridge of friendship. They are also a driver of Arab integration.