![White and pink pearls [James St. John/Flickr]](https://i0.wp.com/d2.middleeastmonitor.com/wp-content/uploads/2020/08/31301996872_4ccc4ce4df_k.jpg?fit=920%2C657&ssl=1)
Egypt has exported large quantities of pearls and precious stones to the United Arab Emirates (UAE) since the beginning of 2020, the Egyptian government revealed in a statement according to RT News.
The statement noted that pearls topped the list of Egyptian exports to the UAE in 2020, resulting in over $203 million in pearl sales in January and over $192 million in February.
Official figures issued by the state-run Central Agency for Public Mobilisation and Statistics (CAPMAS) put the total for Egyptian exports of pearls and precious stones in five months at $974.342 million.
Egypt’s pearl exports reached $149.627 million in March, $250.518 million in April and $178.17 million in May. The sale of pearls in May 2020 increased by $90 million since May of 2019.
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