China's Belt & Road Forum: Deals for UAE, Saudi Arabia & Egypt
- The UAE was a clear winner at April’s Second Belt and Road (BRI) Forum for International Cooperation in Beijing, with deals worth USD 3.4B, 5% of the total value of deals signed at the Forum.
- Sino-Saudi relations extended beyond trade in crude to aquaculture, an emerging diversification opportunity with large growth potential
- Egyptian President Abdel Fatah El Sisi’s visit to China and deals signed on the sidelines of the Forum are significant given the importance of the BRI for Africa, especially with Egypt as the current chair of the African Union.
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Analyst
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