Latest in Trade Highlight
Latest in Trade
Egypt reviews industrial, commercial laws to improve business environment: Trade Minister
State has not, and will not, delay in providing support to production sectors, particularly exports, says Gamea
AfCFTA negotiations on rules of origin to conclude in June: Trade Ministry
Only 18%-19% of rules of origin regarding some commodity items have yet been settled
Egyptian food industry exports record $3.5bn in 2020
10 countries account for 64% of sector’s exports during the year
Abu Auf eyes exports of $5m in 2020
Company intends to pen 20 new branches and logistics centre in near future
Consumer appetite for local products, e-commerce platforms grows amid COVID-19: Study
Consumers prefer e-commerce because of its competitive prices, home delivery services
Egypt expects $5.8bn of chemical industries exports in 2021: Official
Egypt’s chemical industries exports to Turkish market amounted to $766m in 2020, increase of 12% compared to 2019
Egyptian food industry exports to China record 21% increase in 2020
Fruits have lion’s share of Egypt’s food export to China, says Chinese Embassy
Oriental Weavers expects sales of EGP 10.1bn in 2021
Company aims to increase prices by 3% in 2021, capex expected to reach $17m-$20m
Philip Morris announces new price list for tobacco products
Philip Morris – Egypt has announced the new price list for different brands of MARLBORO, L&M, and MERIT tobacco products.
Ezz Steel to turn profitable by Q2-Q3, if strong market conditions continue
Company hopes to produce 1.8m tonnes of flat steel, between 3m-3.5m tonnes of rebars in 2021
LuLu Hypermarket opens largest Egypt branch at Porto New Cairo
New branch stretches over 9,500sqm and introduces company’s new concept in Egypt
Brazil receives 1st shipments of Egyptian oranges after joint trade agreement
Brazilian market is the largest in South America, with about 209 million consumers
Egypt reports 4.7% decrease in trade deficit during November 2020: CAPMAS
Trade deficit reaches $3.3bn in November 2020, versus $3.4bn in November 2019
Egypt’s food industry exports to Germany record 13% increase in 11M 2020
Germany is third largest importer worldwide in all commodity sectors, says FEC
Egypt’s cement sales during December 2020 were highest in years
Total sales recorded 4.66mt, including exports, during December, up 3.5% m-o-m
Zyda expands into Egypt offering restaurants e-commerce solutions
Businesses pay zero commissions on their sales, which is great competitive edge, says Hamad Al-Judai
Shipping giant CMA CGM to operate, manage Alexandria Port’s future terminal
It comes during a meeting between Egyptian President Abdel Fattah Al-Sisi and Rodolphe Saadé, Chairperson and CEO of the CMA CGM Group
Egypt, UK seek continued stable trade relations
Egypt’s trade has potential particularly in agricultural products , says UK official
Egyptian Trade Minister, Sudanese ministers discuss boosting bilateral trade
Talks covered developments in establishing Egyptian industrial zone in Sudan, re-operating Egyptian Commercial Center in Khartoum
UK, Africa will continue to build strong trade, investment partnership: UK Minister for Africa
African growth critical, has direct benefit both to continent and UK, said James Duddridge
Egypt supports AfCFTA to achieve economic integration in Africa: Shoukry
AfCFTA Secretary-General visits Egypt, as one of his first destinations after agreement’s launch on 1 January
Egypt’s imports shrink 12% in 2020: Trade Minister
Country starts domestic manufacturing of some production requirements instead of importing them
Egypt, AfCFTA discuss stimulating continental trade
Egypt is pivotal player in African trade system, says AfCFTA’s Secretary General
Arkadia Mall to house wholesale mobile accessories hub with EGP 100m investment
Mall to open 60 mobile accessories shops on 29 January, with 60 others set to be launched during next three months
President Al-Sisi affirms Egypt’s support for promoting Africa-wide integration
Egypt is one of first countries to sign AfCFTA agreement, says Wamkele Mene
AfCFTA opens African markets to Egyptian products
African Continental Free Trade Area (AfCFTA) will help the continent import and export easily, despite its commencement facing some challenges
Egypt reports respective 17%, 12% decrease in trade deficit, imports
Country’s exports stood at EGP 22.8bn in 11M of 2020
Egypt sees 28.8% decrease in trade deficit during October 2020
Egypt’s trade deficit decreased by 28.8% to $2.9bn during October 2020, versus $4.1bn for the same month of previous year, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS).
Egyptian industrial expo proposed in South Sudan’s capital Juba
Chairperson of Chemical Industries Export Council Khaled Abul Makarem said that Juba expo will be accompanied by promotional activities for Egyptian products
Egypt, Sudan discuss boosting transit trade: Finance Minister
Egypt’s Minister of Finance Mohamed Maait has reviewed the results of recent joint meetings to discuss reinforcing transit trade for Sudanese goods through Egyptian ports.