Latest in Trade Highlight
Latest in Trade

Dallied exports
Imports worth twice exports: CEIC

Exports to exceed $3bn by 2020: Trading Economics
Major exports oil, other mineral products which occupy 32% of total exports

Government must take action steps to deal with challenges, says chairman of EFEC
Strategy also aims to increase furniture exports from $350m to $800m per annum: Derias

Exporters’ debts hit EGP 10bn, says EBA
Situation is critical, negatively affecting our economy, reputation; government should take positive action steps, says Eissa

Exports among challenges against country’s promising opportunities
Situation impeded state efforts of doubling export rates as it is important source of national income

Liberalisation of custom dollar rate de rigueur: Mohamed Moeit
If new direction negatively affects non-essential imported product, we will transfer affected product to list of essential products, set its custom dollar rate at EGP 16, we will deal with matter with absolute flexibility

Custom dollar, propelling local manufacturing, troubling importers
Decision triggered controversy among all concerned bodies

11%, 19% annual increase in non-oil Egyptian exports, imports, respectively in 10M18
Rationing Egypt’s imports’ decision negatively affected state’s exports, industry, says Shiha

Egyptian exports down by 12.2% in August: CAPMAS
Trade deficit scored $3.95bn

Egypt’s trade with world registers $88.93bn in 2017/18
Imports at $63.103bn, exports score $25.827bn, UAE tops trade partners

Omega Shipping seeks to increase its business by 54% this year
Fayez Diab, the chairperson of the company, said that his company has managed to increase the rates of its business during the first half of this year despite the decline in agricultural exports during the same period.

Greeno establishes factory to prepare fresh, frozen vegetables
Company exports 60% of production to Europe, US, Canada, Australia, Arab countries

50% of Agrofood production is organic, Europe’s weak production strengthens exports: Hegazy
EGP 220m in sales for Agrofood this season

Blue Valley eyes 20% increase in exports
Company’s exports reached EGP 55m last season

Egyptian-Dutch Company for Food Industries pursues expansion in Eastern Europe, Africa
More attention should be paid to exports to increase foreign currency income

Europe golden opportunity for Egyptian food exports
Companies seek to increase customers through exhibitions, adherence to specifications

Gouda For Agricultural Products boosts exports 70% in 2018
Company aims to enter new markets including Korea, Philippines, Canada, says chairperson

Orient Group achieves $30m exports 8 months: chairperson
Company directs 80% of its production to local market, 20% for exports, says Al-Masri

Whiteland sales expected to score EGP 290m
Company invested EGP 15m to boost production to 31,000 tonnes, says Al-Mashhad

Green Fields exports register $4.2m in 9 months
Exports account for 40% of company’s annual production

EGAST eyes 30% growth in sales to Europe this season
Company invested EGP 250m for packhouses, cold stores, with 300 tonnes daily capacity, to propel exports worldwide

Exports reached $1.88bn in 8 months, says food export council
Food exports to Europe market grew by 12% from January to August 2018, recording $265m

Daltex target 15% increase in exports this season
Export from oasis farm to begin this year, European market most attractive for exporters, says Tawfik

Herbs Egypt exports 2,200 tonnes per year
Equipment to be changed in H2 2019: Abbas

Al Nada for Food Industries aims to enter East African, Arab Gulf markets
New export subsidy system rewarding, as government intends to support companies to enter new markets

MRM Group achieves $2.9m of exports in first nine months of 2018
Company considers establishing refrigerators, silos with investments of $2m in 2019

Wadi El Nile aims to increase its exports to $12m next year
Company aims to take exports to $22m within next five years

Sakr Group’s exports reach $20m in 9 months
Company aims to increase exports by 25% at end of year

El Welely for Agriculture Crops plans to increase exports to $150m by 2020
Company will import between 50,000 and 75,000 tonnes of rice

Paste & Juice injects EGP 30m to develop farming, harvesting methods
We aim to double our exports next year, European market accounts for 85% of company’s production, says Mohamed Al-Sisi