Latest in Trade Highlight
Latest in Trade
Egypt will receive oil shipments from KSA late March: El Molla
Aramco stopped supplying Egypt with oil six months ago
Oil Tec for Oils & Detergents to export 17,000 tonnes in 2017
We target expansion by exporting to Arab and COMESA countries, says Morgan
El-Marwa plans to export 15,000 tonnes of frozen vegetables this year
We seek to expand in France, Spain, America, Italy markets, says El Sabagh
Egyptian exports rose by 25% in January: trade ministry
44% decline in trade deficit during January
Cafco Food aims to export 2,500 tonnes of vegetables in 2017
Establishment of new factory postponed due to the high price of industrial lands, says Abdel Samad
Sima Foods Industries aims to expand in India, Pakistan, Russia
Sima Foods Industries aims to increase exports by 35%, up from a growth rate of 25% in 2016, in a bid to offset the rise in production costs. Chairman of the company Ahmed Fendi said that the company aims to boost its production capacity through developing some production lines and acquiring new ones to come …
Om El Nour to inject EGP 30m to develop Sila Edible Oils plant
The new investment is directed to the development of production lines, Abu Bakr says
IFCG aims to export frozen potatoes worth $15m
Plan in place to boost exports to East Asia and West Africa, says Megahed
Herbs Maker targets EGP 100m of exports this year
Company plans to expand into four new export markets, says Nagy
Meat products’ dependence on imports limits their opportunities for increasing exports
Meat product companies are unable to increase their exports due to their dependence on imported meat, the prices of which increased after the flotation of the pound in November. Imported meats are responsible for 70% to 90% of the input costs of production. Mohamed Abdelmaksoud, general director of export at Faragalla Group, said that the …
Golden Foods introduces its latest cereal in Gulfood 2017
Golden Foods intends to introduce its latest breakfast cereal during Gulfood Exhibition 2017. Chairperson of the company Raafat Rozeika said that the company obtained the approval to use the trademark “Angry Birds” to produce a new type of cereal that will be introduced to the local market, as well as for export. He pointed out …
ISIS, Lotus target EGP 190m of exports in 2017
Companies to boost exports to Europe and the US to benefit from flotation
Nile Company for Food Industries targets $10m sales in 2017
The company sends 75% of its exports to European markets, says Hendy
Halwani Bros plans to raise exports to EGP 240m in 2017
Sales in 2016 record EGP 1.3bn
$2.4bn of Egyptian exports to the UAE during 2016 with growth of 116%
Food exports amounted to $300m in 2016, says Edward
We target 15% annual growth until 2020: head of Food Export Council
Flotation raised value of December exports by 11%, despite decline in quantity by 25%
Caker Food Industries targets $30m in exports
USD rate, rationalisation of imports push the company to produce new varieties of candy
Orient Group establishes a new factory for dates with investments of EGP 23m
Company targets exports of EGP 350m
Bayer Foods targets annuals sales of EGP 1.3bn by 2020
Company invests EGP 400m to establish a mill and two factories, says Abd El-Hakam
Costs of packaging reduce flotation gains in food industries
Prices increase by 14-60%, manufacturers suffer from the market’s randomness
Pasta Regina targets EGP 300m of exports in 2017
Regina Pasta & Food Industries aims to boost its exports in 2017 by 50% through opening new markets in West Africa. Head of exports, Tamer Aboul Senoun, said that the company exported products worth EGP 200m last year to markets in Kenya, Angola, Ivory Coast, Tanzania, and Madagascar. He added that the company faced difficulties …
EGP exchange rate against USD remains stable
Settles below EGP 16 for first time since December 2016
Immigration Minister hosts Egypt’s first workshop on harnessing migration for development
Abdel Shahid chaired the event in Cairo, attendees included representatives of over 20 embassies and development agencies
Suez Canal revenues decline in wake of sluggish global trade
Global trade volume needs to rise by 9% a year for Egypt to gain its return on investment (ROI) for the New Suez Canal
Info-graph: Egyptian agriculture exports
200% increase in El-Madawy’s orange exports
El-Madawy Co. for Cotton Trading and Common Import & Export aims to boost its orange exports this season to 15,000 tonnes, an increase of 200% compared to 2016, according to Abdul Sattar AbouMadawy, chairperson of the company. He said that the company’s exports of cotton registered 5,000 tonnes last year. He noted that the company …
Luna Verde aims to achieve exports worth €28m in 2017
Decline of European agricultural production, pound’s flotation boosts growth of exports
EZ Food Egypt aims to utilise flotation and double exports
EZ Food Egypt aims to double its exports in 2017 to benefit from the exchange rate value and maintain the company’s capital following the negative effects of the flotation of the Egyptian pound The company’s chairperson, Mahmoud Khairy, said that they target achieving $1m worth of exports to the markets of Italy, Bangladesh, Spain, Malta, …
High airfreight costs limit the competitiveness of companies: Tag
Tag International aims to boost its exports by 26% in 2017 through opening new markets in a number of African countries; however, the high airfreight costs limit the competitiveness of companies. Ramy El Gergawi, chairperson of the company, noted that Tag exports all vegetables and fruits with the exception of potatoes, adding that total exports …
Magrabi Agriculture targets exporting 57,000 tonnes in 2017
European countries acquire 50% of the company’s exports