Exports increased by 1.4 % to reach $2.48bn in January 2020, compared to $2.45bn for the same month of the previous year. This is due to the decreased value of some commodities such as crude oil by 102.6%, fertiliser by 7.3%, and various food preparations by 18.1%, among other items.
Net FDI rose $773.8m to record net inflow of $5bn by H1 of FY2019/20
14.8% decrease in imports value during July Y-O-Y, says CAPMAS
Ministry aims at strengthening Egypt’s commercial relations with UAE, Says Minister of Trade and Industry
The deficit recorded EGP 29.49bn in September 2015, compared to EGP 37.86bn in the same month in 2014
The figures compare to a surplus of $2.2bn during the same period of FY 2013/2014
Deputy governor admits that attempts to preserve pound to demonstrate strength of economy have caused foreign currency reserves to lose value
The Central Bank of Egypt (CBE) announced Monday that Egypt’s balance of payment totalled USD eight billion during the 2011/2012 fiscal year, compared to a surplus of $571.2 million in the previous fiscal year. The decline was attributed to reduced tourism profits and the current political atmosphere in Egypt and the region. CBE reported that …
By Alya Essam As Mohamed Morsy commences his three-day trip to China, which will be followed by a five-hour visit to Tehran, the president comes to introduce himself to world wide leaders, striving to hint at new approaches with countries that Mubarak had cut back relations with. “International relations between all states are open and …
