Latest in Trade Highlight
Latest in Trade

Ghabour Farms plan to expand its exports to African market in 2017
We export 10 fruit crops to more than 20 states in Asia, Europe, and Africa

Sama Grain intends to establish juice concentrates factory with EGP 35m
Line for packaging citrus fruits expected to be launched in early 2017

Luna Verde sells $22m worth of products by end of July: chairperson
The case of Regeni has affected our exports to Italy, says Al-Amri

Dakahlia for Agricultural Development aims to export 25,000 tonnes of oranges and potatoes this year
The company’s annual sales registered EGP 60m last year; two packing centres being established in Minya and Wadi Natrun, says exports director

New export support programme aims to double Egyptian exports: Kabil
59% of companies benefiting from the programme are small companies with less than $1m in exports

Sakr Group targets to increase its exports to $20m in 2016
Food industries are still suffering after losing Arab markets

Nivex Agricultural Investment registers sales of $180m so far this year: chairperson
Depreciation of Euro exchange rate and slowdown in tourism are main obstacles

Sales of El-Walili Group reach EGP 250m in 6 months, $12m exports: managing director
Company to establish production line for packaging food products with EGP 50m investments next month

EGP 42m fresh fruit exports during the first half of 2016
$1.9bn agricultural products exported from September 2015 to June 2016

Al-Amal Crops exports 6,000 tonnes agriculture crops in 8 months: deputy chairperson
Increase in US dollar price led to decline in exports, change in product prices, says Shehata

Far east: the upcoming destination of Egyptian exporters
China, Malaysia are most promising markets; onions, oranges, potatoes most demanded products

351 ships transit Suez Canal carrying 21.3m tonnes in past week
Suez Canal traffic data showed that 351 ships transited the canal, with a total load of 21.306m tonnes, from 26 August to 1 September. An average of 50 ships transited the canal per day during that period, with an average load of 3m tonnes per day. The average load per ship was about 60,070 tonnes …

15.7% decline in Egypt’s trade deficit in June: CAPMAS
EGP 2.3bn increase in exports and EGP 3.2bn decrease in imports

284 ships transit Suez Canal carrying 14.34m tonnes in past 6 days
Suez Canal traffic data showed that 284 ships transited the canal, with a total load of 14.34m tonnes, from 19 to 24 August 2016. An average of 47.33 ships transited the canal per day during that period, with an average load of 2.73m tonnes per day. The average load per ship was about 50,490 tonnes …

GOEIC rejects 116 imported food and industry containers for non-conformity
GOEIC is examining 14,720 imported food and industry containers

Parliament pre-approves proposed import records law
Parliament’s Economic Committee recommended the abolition of a prison sentence for violations, opting instead to impose fines reaching up to EGP 5m

112% increase in Egyptian exports to UAE: Minister of Trade and Industry
43% decline in Egypt’s imports from the UAE in first half of this year, says minister

232 ships transit Suez Canal carrying 13.7m tonnes in past 5 days
Suez Canal traffic data showed that 232 ships transited the canal, with a total load of 13.7m tonnes, from 14 to 18 August 2016. An average of 46.4 ships per day transited the canal during that period, with an average load of 2.74m tonnes per day. The average load per ship was about 59,050 tonnes …

327 ships transit Suez Canal with 18.8m tonnes in last week
Suez Canal traffic data revealed that 327 ships transited the canal, with a total load of 18.8m tonnes, from 5 to 11 August 2016. An average of 46.71 ships transited the canal per day during that period, with an average load of 2.7m tonnes per day. The average load per ship was about 57,500 tonnes …

DP World Sokhna receives high-ranking British delegation to boost investments in the Suez Canal Area Development Project
DP World Sokhna, the local marine terminal of global trade enabler DP World, recently received a high-ranking delegation of British investors headed by Sir Jeffrey Donaldson, the trade representative of the British government and member of the British House of Commons. The delegation was accompanied by Ahmed Darwish, chairperson of the Suez Canal Economic Zone …

Egypt receives 16.65% of Brazilian exports, ranks third in Arab world
Brazilian exports to the Arab world amounted to $5.24bn in the first half of 2016

ICMI to raise its stake in New Alfa to improve exports
Liquidity determines the time plan to increase shares, while the company completes lifting its shares in Alfa Medical representing 3.17%

335 ships transit the Suez Canal last week carrying 19.63m tonnes
Suez Canal traffic data revealed that 335 ships transited the canal from 16 to 22 July, carrying a total load of 19.63m tonnes. An average of 47.86 ships transited the canal per day during that period, with an average load of 2.8m tonnes per day. The average load per ship was about 58,600 tonnes during …

Polish consortium considering establishment of industrial area at SCZone
Polish government delegation to visit the region before the end of July, say sources

SC Zone authority receives first official trade mission after Brexit
In the first British official trade visit to Egypt after Brexit, chairperson of the Suez Canal Economic Zone (SC Zone) Ahmed Darwish received Monday UK trade envoy to Egypt, Jeffrey Donaldson, the British ambassador to Egypt, John Casson, and CEO of UK Export Finance, Louis Taylor, at the SC Zone office in Ain Sokhna. The …

Egypt exports register EGP 16.6bn in April, imports record EGP 40.5bn: CAPMAS
The value of Egyptian exports reached EGP 16.6bn during April 2016, while imports recorded EGP 40.5bn in the same month, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). CAPMAS stated in its monthly bulletin on foreign trade statistics issued on Monday, that the trade balance deficit reached EGP 23.9bn in April 2016, …

Brexit will not negatively affect Egypt, UK trade relations: Donaldson
Current trade relations between Egypt and the UK will not worsen, but improve, says UK trade envoy

311 ships transit Suez Canal carrying 18.9m tonnes in past week
The average load per ship was about 60,770 tonnes during that period

DP World Sokhna adopts new SOLAS regulations 1 July
Shippers will be required to verify the gross mass of their containers

China Fortune Land Development discuss building 30m sqm integrated industrial zone
Ministers of Industry and Investment discuss investment opportunities with major Chinese companies