Latest in Trade Highlight
Latest in Trade
EGP 88m sales of El Waha For Dates Industries last season
5,000 tonnes volume of company’s annual production, including 95% for exportation, says Ammar
HEIA start talks with three new markets in East Asia
Talks with China to import Egyptian potatoes, says El Beltagy
21% increase in ships received by Damietta port in FY 2017/2018
The chairperson of the Damietta Port Authority (DPA) Major General Ayman Saleh, said that the port has achieved many strategic plans, which contributed to a significant increase in its performance rates. The port saw a noticeable increase in the movement of ships and cargo in fiscal year (FY) 2017/2018 compared to the previous year. The …
6.9%, increase in Egyptian cotton exports in Q3 of agricultural season 2017/2018: CAPMAS
The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that the exported cotton amount during the period from March to May 2018 reached 160.100 versus 149.700 meter qintars (MQ) for the same period of the previous season, an increase by 6.9%. This came according to CAPMAS`s quarterly bulletin on cotton for third quarter (Q3) …
Egypt’s trade exchange with Russia increases by 37% over H1 2018
Over 60% of total Russian investments concentrated in oil, gas sector, says Russian Trade Representation head
$13.4bn, volume of trade exchange between Egypt, EU in H1 of 2018: Nassar
UK is largest investor in Egypt with investments says Minister of Trade
Extension of deadline for traders to settle temporary customs status of released goods before issuing new customs law
New draft law rearranges all special customs’ systems
Egypt extends fish exports tariff for one year
In April 2017, the ministry had imposed EGP 12,000 per tonne tariff following a hike in fish exports
$214m volume of trade exchange between Egypt, Tunisia in H1 2018: Nassar
Minister of Trade and Industry Amr Nassar revealed that the volume of trade exchange between Egypt and Tunisia during the first six months of this year amounted to $214m. He explained that the Egyptian exports recorded $176m, while imports from Tunisia amounted to $38m. This came during the meeting of the Egyptian-Tunisian trade and industrial …
Trade Ministry reconsiders decree for registering foreign factories exporting to Egypt at GOEIC
Ministry is trying to complete final automotive strategy before next parliamentary session in October, says Nassar
$3.84bn trade balance deficit in May: CAPMAS
Exports register $2.48bn, imports $6.32bn
Business houses optimistic about investment, trade opportunities in Egypt: New Indian ambassador
Development partnership with Africa includes implementation of 180 Credit Lines
Trade exchange between Egypt, world amount to $65.625bn in 9 months: CBE
Imports at $46.814bn, exports at $18.81bn between July 2017 to March 2018
$1.44bn Egypt’s food industry exports in H1 2018
A report issued by the Export Council for Food Industries issued on Tuesday showed that the exports of food industries during the first half (H1) of this year recorded $1.44bn. Egypt exported pickled olives worth $53m during the first six months of this year, as well as fruit juices worth $55m, chocolate worth $51m, animal …
Trade minister, Singapore ambassador discuss encouraging partnership between private sector in both countries
Trade exchange between both countries amounted to about $220m in 2017, says Nassar
14% increase in volume of Egyptian exports during H1 2018
Egypt’s exports of iron and steel rose by 13% in the period from January to the end of June 2018
SEBA, embassy to organise trade mission to Switzerland promoting investment in Egypt
We target hosting keynote speakers from tourism, banking, trade, industry, taxation, says SEBA’s executive director
$1.3bn, volume of trade exchange between Egypt, UK: Nassar
British investments in Egypt amounted to about $5.6 bn in about 1450 projects, says minister
Trade, Investment ministries form permanent committee to promote industrial investment
Minister of Trade and Industry Amr Nassar and Minister of Investment and International Cooperation Sahar Nasr sing joint ministerial decree to promote cooperation in the field of encouraging investment climate in industrial sector and promote available investment opportunities. Nasr pointed out that the industrial sector is one of the most important sectors of investment in …
Indian PM: our African partnership includes implementation of 180 credit lines worth about $11bn
Indian prime minister, Narendra Modi, said that his country’s development partnership with Africa currently includes implementation of 180 Lines of Credit worth about $11bn in over 40 African countries. “At the last India Africa Forum Summit, we had committed a concessional Line of Credit of $10bn, and $600mn in grant assistance,” said Modi on Wednesday …
Go Green completed planting 6.3m Jojoba trees in Al Mughra
Project of ‘Jojoba City’ in Egypt is largest agricultural project for this rare plant in Middle East, says chairperson
2.775bn, trade exchange volume between Egypt and Russia in 5M of 2018$
The trade exchange volume between Egypt and Russia markedly increased during the first five months of this year, scoring a 31.5% increase, compared to the same period in 2017, to reach $2.775bn. This came on a press statement issued by the Russian trade office on Saturday published by Egypt`s News agency, MENNA. Notably, that the …
Aramex, EG-GATE sign MoU to double export rates of Egyptian goods
Aramex, the provider of comprehensive logistics and transportation solutions, signed a memorandum of understanding (MoU) with the marketing and advertising company EG-GATE and one of Tahya Misr Fund’s companies to double and increase rates of exporting Egyptian goods to the world. The MoU targets the activation of the national strategy for e-commerce through using the …
German embassy, Goethe-Institut to expand Library Bus project
They will hand it over to Misr El Kheir Foundation, aiming at addressing illiteracy in Egypt, says embassy
North Korea aims at boosting political, economic cooperation with Egypt
A source from the embassy of North Korea told Daily News Egypt that his country aims at boosting relations with Egypt in the political and economic fields, adding, “hopefully we will receive some visits during this year and the years ahead.” The source mentioned that the economic cooperation with Egypt is very modest, and thus …
Egyptian businesspersons discuss investing in Lithuania: ambassador
Lithuanian foreign minister hopefully to visit this year
Egypt signs Japanese grant to develop automated system for collecting VAT
The Ministry of Investment and International Cooperation signed a Japanese grant on Sunday worth EGP 15.5m to develop an automated system to collect the value-added tax (VAT). This was done in the presence of Finance Minister Mohamed Moeit, minister of investment and international cooperation, Sahar Nasr, and Japanese Ambassador Takehiro Kagawa. A press statement from the …
Indonesian ambassador anticipates 10% trade increase with Egypt by end of 2018
We will announce new private sector tire factory with an Egyptian partner shortly, says Indonesian ambassador
60% increase in Egypt’s exports to China in 2017: Nassar
Egypt to be guest of honour at China International Import Expo, says trade minister
15% increase in exports in first five months of 2018
UK, UAE, Spain, Russia, US, Turkey are most prominent countries receiving Egyptian exports, says GOEIC report