Latest in Trade Highlight
Latest in Trade
Agricultural crop companies offer prescription to increase exports after floatation
Solutions include intensifying role of trade representative offices, farmland control, and marketing
UPEHC seeks to maximise export earnings in 2017
The union aims to train 52,000 farmers and tighten control, Henawy says
88 Egyptian companies to participate in Exports Logistica Exhibition in Germany
On Wednesday, Exports Logistica Exhibtion kicks off in Germany, with the participation of 2,700 companies across 120 countries. Of the participants, 88 companies will be Egyptian. Expected turnover is estimated to be 8,000 people from 130 countries around the globe. During the exhibition, companies will focus on promoting certain productions, especially citrus fruits, potatoes, onions, …
Nivex Agricultural Investment records sales worth $180m in 2016
Egyptian pound’s flotation supports external competition, says Yacoub
We aim to increase exports to EGP 60m in 2017: Fresh Fruit Company Egypt chairperson
Fresh Fruit Company Egypt aims to increase exports to EGP 60.5m in 2017, up from EGP 55m in 2016, registering an increase of 10%. Chairperson of the company, Mostafa Samir El-Naggari, said that the volatility of the exchange rate has adversely impacted the agricultural sector’s exports, lowering it by 5%. He added that the decrease …
Abd El Wahab Sons aims to boost exports to 45,000 tonnes in 2017
Abd El Wahab Sons – Fresh Fruits & Vegetables aims to boost its exports to reach 45,000 tonnes this year, up from 25,000 tonnes last year—an increase of 80% The chairperson of the company, Khalid Abdelwahab, said that the company will sign more deals with farmers to stimulate exports, next to cultivating 1,000 feddans owned …
Sonac Societe Nationale du Commerce to increase its exports of citrus fruits, potatoes
Sonac Societe Nationale du Commerce aims to increase its exports of citrus fruits and potatoes this year to reach 50,000 tonnes of citrus and 40,000 tonnes of potatoes. The managing director of the company, Mohamed Khalil, said that their exports of potatoes reached 25,000 tonnes last year, while citrus fruit exports registered 40,000 tonnes. He …
Nile Establishment for International Trade targets exporting 60,000 tonnes of oranges in 2017
The Nile Establishment for International Trade aims to export 60,000 tonnes of oranges worth $27m in 2017, up from 41,000 tonnes at $18.5m in 2016, with an average price of $450 per tonne. The head of exports and logistics, Nader Shanab, said that the company targets to hit an increase of 46%. He added that …
EGO aims to enter 7 new European markets this year
The Egyptian Growers’ Orgnaization (EGO), part of Haggan Group, aims to enter seven new European markets this year, in addition to boosting its exports to 2,000 tonnes. The CEO and founder of the group, Khaled El-Haggan, said that the company has eyes fixed on the markets of France, Russia, Australia, the United States, Canada, Poland, …
Guwelly participates in exhibitions to understand foreign market needs
Flotation is a double-edged tool and the market should benefit from its advantages, Guwelly says
HEIA invests EGP 10m in developing cooled arena in Cairo airport
We are considering establishing a lab for pesticide remains with investments worth $8m, says El Beltagy
Royal for International Trade to enter 5 markets, including Malaysia, Singapore, Bangladesh
Royal for International Trade intends to export 20,000 tonnes of citrus fruits in 2017, up from 16,700 tonnes last year, a target growth of 20%. The chairperson of the company, Shady El Adawy, said that Royal exports its products to 20 companies worldwide, with plans to penetrate five new markets in 2017 as part of …
Egypt’s organic products mainly for export, not local market
Organic products produced locally unattractive to majority of consumers due to high prices, say experts
Fruit Logistica Exhibition is an opportunity to make deals, meet new clients: EGAST
Company to establish new production line, add lettuce, carrots, and potatoes to products
Green Valley demands EgyptAir collect fees in pounds rather than dollars
Green Valley Company for import and export aims to increase its exports of agricultural crops to 8,000 tonnes this year, compared with 4,000 tonnes in 2016, to compensate for the increase in the cost of production and to take advantage of the liberalisation of the exchange rate. Ahmed Yousry, the company’s chairperson, said Green Valley …
El Nogoom Agricultural Crops aims to achieve exports worth EGP 47m this season
El Nogoom Agricultural Crops company aims to achieve exports worth EGP 47m this season, compared to EGP 25m last season, according to the new plan it created for entering into new markets as well as expanding its activity in current markets Yassin Ahmed Yassin, chairperson of the company, said that his company exports green and …
MAPs is the black stallion for increasing agricultural exports in 2017
The sector targets exports worth $110m in 2017, an increase of 10%
Nahdet Misr for Agro Industries exported 35,000 tonnes of oranges and potatoes in 2016
The flotation of the Egyptian pound supports competitiveness, says Eissa
El Bostania aims to increase exports to $19m in 2017
The flotation of the pound contributes to reducing prices by 20%, says El Melegy
Daltex to invest EGP 150m in 2017
The company aims to take sales back to EGP 812m, says El Naggar
Elsaad injects EGP 50m to develop production lines over 3 years
The company allocated EGP 25m to establish a packaging line in 2017
Olivee to establish new production lines for dates, artichoke this year
Olivee Co. for Production & Agricultural Manufacture S.A.E aims to achieve exports worth $23m by the end of 2017, compared to $19.5m during 2016. Ahmed Ismail, the export manager at Olivee, said the company is considering the establishment of new production lines for dates and artichokes by the end of this year to expand their export …
Belco exports 80% of products to German, English markets
€9.5m exports this year, an increase of 5% compared to 2016
AgroTrade targets exports worth EGP 200m
AgroTrade targets to import and export 23,000 tonnes of agricultural products worth EGP 200m in 2017. Omar El Mahdy, the CEO of AgroTrade, said that the company has increased its exported products of peas, onions, and potatoes. He added that the company targets to expand in a number of European markets, and the Dutch market …
Sugar Crops Research Institute expects exports of beet wastes, molasses, and fodder to reach 1.4m tonnes
The Sugar Crops Research Institute expected exports of beet wastes, molasses, and fodder to reach 1.4m tonnes this year, amid fears of their decline in the coming years. The absence of a fair pricing policy for the crop is threatened by the decline of cultivated areas. Mostafa Abdel-Gawad, the vice chairperson of the institute, said …
Agricultural exports expected to grow by 5% in 2017: Agriculture Export Council head
Exports in 2016 amounted to 3.5m tonnes
318 ships transit Suez Canal last week carrying 17.26m tonnes
Suez Canal traffic data showed that 318 ships transited the canal, with a total load of 17.26m tonnes, between 6-12 January. An average of 45.43 ships transited the canal per day during that period, with an average load of 2.47m tonnes per day. The average load per ship was about 54,280 tonnes during that period. …
293 ships transit the Suez Canal in 6 days carrying 15.3m tonnes
Suez Canal traffic data showed that 293 ships transited the canal, with a total load of 15.3m tonnes, in the last six days of last week. An average of 48.83 ships transited the canal per day during that period, with an average load of 2.55m tonnes per day. The average load per ship was about …
213 ships transit the Suez Canal in 5 days carrying 12m tonnes
Suez Canal traffic data showed that 213 ships transited the canal, with a total load of 12m tonnes, from 11 to 15 December. An average of 42.6 ships transited the canal per day during that period, with an average load of 2.4m tonnes per day. The average load per ship was about 56,340 tonnes during …
Egytrans reveals long-term strategy to achieve growth, increase profits
Revenues expected to reach EGP 175m by Q4, says CEO