Latest in Trade Highlight
Latest in Trade
Kabil participates in 10th UFM trade ministers meeting
Minister of Trade and Industry Tarek Kabil announced in a press statement on Sunday that he will participate, after an eight-year Egyptian hiatus, in the 10th meeting of trade ministers of the Union for the Mediterranean (UFM) countries, which is being held in Brussels on Monday. The meeting aims to follow up and activate cooperation …
$1.287bn of trade exchange between Egypt, EFTA countries in 2017
Saeed Abdallah, head of the trade agreements sector at the Ministry of Trade and Industry, announced on Friday that the trade exchange between Egypt and European Free Trade Association (EFTA) countries recorded $1.287bn in 2017. The EFTA is a regional trade organisation and free-trade area consisting of four European states: Iceland, Liechtenstein, Norway, and Switzerland. …
$2.5bn in Egyptian exports to UAE in 2017: Kabil
We seek to find real partnership based on identifying available manufacturing capabilities to meet consumer needs in both countries, says UAE minister of economy
102 Egyptian companies participated in Fruit Logistica: Kabil
Minister of Trade and Industry Tarek Kabil announced on Wednesday, in a press release, that 102 Egyptian companies, some of the largest producers of vegetables and fruits, participated in the activities of the Fruit Logistica trade show. This came according to the latest report received by the minister from the Egyptian Commercial Office in Berlin on …
38.5% increase in Egyptian exports to Turkey in 2017
Minister of Trade and Industry Tarek Kabil announced that Egyptian exports to Turkey achieved unprecedented growth during the past year, increasing 38.5% to reach $1.998bn compared to $1.443bn in 2016. The minister added that Egyptian imports from Turkey witnessed a remarkable decline last year to reach $2.36bn compared to $2.733bn in 2016, a decline of …
Cyprus faces unprecedented Turkish intransigence, arrogance: Cypriot presidential commissioner
Cyprus’s presidential commissioner, Photis Photiou, said that Cyprus faces the intransigence of Turkey and its unprecedented arrogance, in addition to flagrant violations of international laws relating to Cyprus’s sovereign rights in its exclusive economic zone. Photiou’s remarks came during a press conference on Sunday, where he explained that his country will continue efforts to find …
Trade war would bring disasters to global economy: Chinese commerce minister
China does not want and is not starting a trade war with the United States, Chinese Minister of Commerce Zhong Shan said on Sunday. “There is no winner in a trade war. What a trade war brings to China and the United States and world economy is nothing but disasters,” Zhong said during a press …
$9.624bn Egyptian exports to 5 countries in 2017
Egyptian exports to the five largest countries in the world during 2017 reached $9.624bn, accounting for 37.3% of total Egyptian exports to the world, which amount to $25.8bn, according to the Egyptian Foreign Trade Bulletin issued by the Central Agency for Public Mobilisation and Statistics (CAPMAS). The report showed that the UAE ranked first among …
Trade deficit increased by 13.8%at end-December 2017: CAPMAS
Exports at $2.47bn, imports register $5.77bn
35% increase in Egypt’s exports to Russia during 2017
Tarek Kabil, minister of trade and industry, announced that Egyptian commodity exports to the Russian market increased by 35% last year, reaching a value of about $504.6m compared to $374.1m in 2016. He highlighted the great diversity of Egyptian export items to the Russian market, explaining that this diversity contributed to the enhancement of Egyptian …
Mars Wrigley Egypt targets increasing exports to $100m by end-2018
Mars Wrigley Confectionary doubles its investments in Egypt to EGP 750mn for expanding Sixth of October factories
16% increase in Egyptian exports in January compared to 2017
Minister of Trade and Industry Tarek Kabil said that total investments in the food industry in 2017 amounted to EGP 500bn and are expected to increase by 2018 by 1%. Egypt’s exports in January 2018 increased by 16% compared to the same month last year. “In the past, we only gave 700 licenses a year, …
$5.6bn in trade between US, Egypt; $2.4bn US investments in Egypt: Kabil
Minister of trade and industry meets with AmCham delegation heading to US
Belgian trade mission to Egypt in March 2018
In line with the continuous efforts to foster and enhance the economic and trade relations between the Kingdom of Belgium and the Arab Republic of Egypt, a Belgian trade mission will visit Egypt from 4 to 8 March 2018. The delegation includes representatives from over 25 Belgian companies to provide assistance to Egyptian companies in …
36.7% rise in Egyptian cotton exports in Q1 2017/18 agricultural season: CAPMAS
On January 12 2018, the Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly bulletin on cotton for the first quarter of the agricultural season 2017/2018. Exports of cotton from Egypt reached 128,300 kantars (equal to 99.05 pounds, or 45.02 kilograms) in September to November 2017, versus 202,500 kantars during the same period …
Egypt’s exports from QIZs at $752m
Exports up by 1.5% from 2016, says El Rabiey
Trade volume between Egypt, world reached $20.621bn in 3 months: CBE
Imports worth $14.781bn, exports at $5.839bn from July to September 2017
Trade minister heads to Geneva for WTO review of Egypt’s trade policy
Egyptian Trade and Industry Minister Tarek Kabil is heading to Geneva, Switzerland with an Egyptian delegation to participate in meetings to review the trade policy of Egypt, which is held periodically for all member countries of the World Trade Organisation (WTO). The meetings are scheduled to be held between 20 and 22 February 2018 at …
US Department of Commerce recommends imposing 53% tariff on steel imports from Egypt, 11 other countries
The US Department of Commerce has made recommendations to the US president to impose a tariff of at least 53% on all steel imports from 12 countries: Brazil, China, Costa Rica, Egypt, India, Malaysia, South Korea, Russia, South Africa, Thailand, Turkey, and Vietnam, with a quota, depending on product, on steel imports from all other …
40% increase in Egyptian exports to Tunisian market
Minister of Trade and Industry Tarek Kabil said that the Egyptian non-oil exports to the Tunisian market within 2017 rose by 40.7%, scoring $187.2m compared to $133m in 2016. Kabil said that the large increase in the rates of Egyptian exports to the Tunisian market is due to the increased competitiveness and acceptance of Egyptian …
Beyti aims to double exports by entering North African, American markets
Exports to reach 10m cartons of juices and milk this year, says El-Sadek
Senyorita eyes $9.5m in exports this year
Exchange rate stability supports price stability until mid-year, says Younes
Misr Cafe plans to increase export revenues by 10%
Masoud calls for increased support for companies in foreign exhibitions
Juhayna exports up 207% last year
2018 will see Egypt’s economy recover, economic reform fruits appeared in last quarter of 2017, says Thabet
Faragello aims to boost exports to $80m
Company owed EGP 50m in export incentives that were not disbursed, says Abdul Sabour
Halwani Bros aims to increase exports by 20% in 2018
Exports registered $11m last year
Egy Dairy expands its exports to Saudi Arabia, Sudan this year
Company injecting EGP 15m to increase production capacity, targets sales of EGP 120m
El Rabie Group seeks to increase sales to EGP 70m this year
Company to enter 3 new markets in 2018, says Fawzy
El Maleka for Food Industries eyes 30% growth in exports
We aim to export 70,000 tonnes by the end of 2020, says Mamdouh
Om El Nour Co increase its production capacity, expands exportation
EGP 200m invested to increase margarine and oil, new production line for packaging: Bakr