Latest in Trade Highlight
Latest in Trade

EDA organises trade mission to Netherlands to promote Egyptian agricultural exports
Trade mission includes 10 small, medium Egyptian enterprises working in field of agricultural crops

41% increase in Egypt’s exports to Russia: trade minister
42.5% increase in exports of vegetables and fruit, 366% increase in exports of household appliances

2.8% increase in cargo volume at Damietta Port in May
A report issued by the Damietta Port Authority showed an increase in the number of ships at the port during May 2018 compared to May 2017. According to the report, the number of ships at the docks of Damietta Port amounted to 281 vessels in May, compared to 254 vessels in the same period of …

€5.8bn size of trade exchange between Egypt, Germany in 2017
German investments in Egypt amounted to €641m in 1,080 projects

105.5% increase in Egypt’s exports to US in 2017: CAPMAS
The value of Egyptian exports to United States reached EGP 23.6bn in 2017, accounting for 5.1% of Egypt’s exports to the world, this is up from EGP 11.5bn in 2016, marking an increase of 105.5%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The CAPMAS announced on Wednesday the Economic Relations between …

21% increase in volume of cargo handled in Damietta Port in April
A report issued by the Damietta Port Authority showed an increase in the number of ships at the port during the month of April compared to April 2017. The number of ships docked at the Damietta Port amounted to 281 vessels during April, compared to 229 ships in the same period of 2017—a growth rate …

Total Egyptian agricultural exports rise to 3.1m tonnes
Volume does not fit Egypt’s agricultural, research, intellectual potential, says former PBDAC chairperson

18% increase in handled cargo at Damietta Port in March
A report issued by the Damietta Port Authority (DPA) showed that the number of docked ships at Damietta Port in March 2018 was rather steady compared to March 2017. The number of ships at the port in March 2018 reached 230, and the number increased by 27% compared to the same period in 2017. According …

Russian exports to Egypt amountes to $1.472bn, while Egyptian exports to Russia amountes to $192m: Aslanov
The Russian trade representative in Cairo, Nikolai Aslanov, announced that the trade exchange between Egypt and Russia hiked by 75% year-over-year in the first quarter of 2018, to reach $1.66bn by the end of March, according to the Middle East News Agency. Aslanov illustrated that the Russian exports to Egypt amounted to $1.472bn, while Egyptian …

Trade balance deficit at $3.4bn in March 2018: CAPMAS
Egypt’s oranges, garments, plastics exports, crude oil, wheat imports all up

Industry minister decrees amends to Industrial Registration Law’s executive regulations
Conditional industrial record guarantees seriousness of any industrial project, says minister

SCZone enjoys best investment incentives: Chinese economic counsellor
20 new members join Chinese Chamber of Commerce in Egypt this year

181.6 % increase in Egyptian cotton exports in Q2 2017/2018
The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly bulletin on cotton for the second quarter (December to February) of the agricultural season 2017/2018. The total amount of Egyptian cotton exports reached 379,700 kantars during that period, up from 134,800 kantars during the same period of the previous season, marking a large …

Trade exchange between Egypt, world at $42.86bn from July-December 2017: CBE
Imports at $30.8bn, exports score $12.05bn in last 6 months of 2017

FAO launches $2.3 programme to reduce losses of tomatoes, grapes: FAO representative
Organisation cooperated with Supply Ministry to reduce losses of imported wheat, says Gadain

Industry Ministry to inaugurate three plants with EGP 2.3bn Saudi-Egyptian investment
Egyptian components in television screens will reach 71%, says minister

Agreement between EG-Gate, DHL to support SMEs’ export logistics
In the framework of activating the national e-commerce strategy with the aim of establishing an integrated system to support the export logistics of micro, small, and medium enterprises, Egyptian Global Gate (EG-Gate), a company of Tahya Misr with contributions from the Ministries of Tourism, Aviation, and Communications, signed a memorandum of understanding with DHL to …

16% increase in Egyptian non-oil exports in 4M 2018: Kabil
Egypt’s foreign trade exchange increased 12%, says minister of trade and industry

Russia lifts ban on Egyptian potato exports
Tarek Kabil, minister of trade and industry, announced in a press statement on Saturday that Russian authorities have agreed to lift the imposed ban on Egyptian potato exports from eight agricultural areas. He added that exporting from those areas will begin starting from 6 June. The minister added that the decision is the culmination of …

Business France encourages Egyptian firms’ participation at three trade exhibitions
Exhibitions are SIAL, SPACE, Sommet de l’Élevage

£1.858bn value of trade exchange between Egypt, Britain in 2017
Britain is one of most important investors in Egyptian market with total investments worth $5.6bn, says minister

Trade Ministry discusses establishing first Egyptian council for design, fashion
New council aims to implement long-term strategy to present Egyptian fashion week in 2020, says minister

Universal Transport Egypt to receive new wind energy equipment this year: managing director
Daily News Egypt sat down for an interview with the managing director of Universal Transport Egypt, Hisham El Dahshan, the transcript for which is below, lightly edited for clarity. Are you keen on participating in Breakbulk Europe this year? If so, what do you aim to achieve from participating? Universal Transport has been participating in …

Breakbulk Europe good opportunity to meet decision-makers, network: KML chairperson
Daily News Egypt sat down for an interview with the chairperson of Khedivial Marine Logistics (KML), Mohamed El Dahshan, the transcript for which is below, lightly edited for clarity: Are you keen on participating in Breakbulk Europe this year? If so, what do you aim to achieve from participating? Once again, we are participating with …

Suez Canal revenues record 13.4% increase in 5M 2018
Al-Sisi instructs Mamish to develop, strengthen SCA’s capacity

NOSCO plans to set up logistics centres at SCZone
Negotiations with local and foreign companies in the fields of electricity and petroleum

Khedivial Marine Logistics acquires AAL’s shipping agency in Egyptian ports
Khedivial Marine Logistics (KML) acquired on Wednesday the shipping agency Austral Asia Line (AAL)’s operations in all Egyptian ports. Mohamed Al-Dahshan, chairperson and founder of KML, said the new acquisition came as part of the company’s expansion plan. The company transports general and heavy cargo via 24 vessels from the Far East (India, China, Japan, …

$6.9bn trade exchange between Egypt, Eurasian Economic Community in 2017
Trade exchange between Egypt and the Eurasian Economic Community (EAEC) achieved an increase during 2017. The value of trade exchange between Egypt and the EAEC amounted to $6.9bn, with Egyptian imports at $6.9bn and Egyptian exports at $573m, according to Egyptian Minister of Trade and Industry Tarek Kabil. The EAEC includes Russia, Belarus, Kazakhstan, Armenia, …

Kabil heads Egyptian delegation at Egyptian-Russian joint committee meeting
Establishing Russian industrial zone in Egypt top priority on committee’s agenda

Sweden intends to double trade with Egypt in five years: ambassador
Egypt’s economic reform programme is going very well, says Thesleff