Latest in Tag: Export Highlight
Latest in Tag: Export
18 Omani exporters to visit Egypt to enhance trade relations
The key objective of the visit is to introduce Egyptian businesspeople to Omani products, explore available business opportunities in Egypt
Can Egypt become a net gas exporter again?
With total proven reserves of 65 trillion cubic feet at the end of 2015, Egypt is the 16th largest gas reserve-holder globally, says BNP Paribas
Absence of registration system impedes export of Czech goods to Egypt: Czech trade director
Pegas Nonwovens is studying establishing a new production line in Egypt
37% growth in cargo traded in Damietta port in January
The port noted a clear increase in exports of methanol, fertiliser, and molasses
El Welely Agricultural Crops turns to exporting dried legumes instead of rice
El Welely Agricultural Crops targets to expand in dried legumes exports this year in order to compensate for the decline in exports of rice and broken rice following the export ban on rice. Magdy El Welely, head of El Welely Agricultural Crops, said that the company’s exports amounted to $40m in the last year, and …
Oil Tec for Oils & Detergents to export 17,000 tonnes in 2017
We target expansion by exporting to Arab and COMESA countries, says Morgan
Om El Nour to inject EGP 30m to develop Sila Edible Oils plant
The new investment is directed to the development of production lines, Abu Bakr says
We target 15% annual growth until 2020: head of Food Export Council
Flotation raised value of December exports by 11%, despite decline in quantity by 25%
ITIDA launches seventh “Export IT”
The agency applied electronic signatures for the first time to apply for the programme
Egypt aims to import LNG shipments in 2018
Egypt is planning to import between 100 and 108 cargoes of liquefied natural gas (LNG) this year while preparing to begin production at two gas fields. This step will help the country approach its self-sufficiency target. According to a reporter from Bloomberg familiar with the matter whom asked not to be identified, the LNG shipments …
Ministry of Industry creates export strategy to Africa for next 3 years
Minister of Industry and Trade Tarek Kabil announced that the ministry will complete the establishment of a new strategy that aims at increasing exports to Africa within the next three years. He added that the ministry cooperated with five export councils, namely the chemical and fertilisers, building industries, food, engineering, and medical councils, to create …
Egypt to export gas in H2 of 2019: EGAS chairperson
100 million cubic feet of gas allocated to run Siemens power plants
Needed: a new national export policy
The Donald Trump administration aims to lower imports in order to rebalance, after decades of neglecting economic relationships around the world. Doing so should not only be done by applying the stick of import reductions, but also by having as its second major claw of strength and refinement the principal tool of export promotion. Exports …
13.9% increase in value of Egyptian imports from East Asian countries in 2015
The Central Agency for Public Mobilization and Statistics (CAPMAS) recently issued its annual bulletin of trade exchange between Egypt and East Asian countries for 2015, including export and import statistics from Malaysia, China, India, Japan, Indonesia, Pakistan and South Korea The total value of imports from East Asian countries reached EGP 151.6bn in 2015 versus …
How should the government pace its reforms after the IMF loan approval?
On 11 November, the executive board of the International Monetary Fund (IMF) approved a $12bn three-year extended fund facility for Egypt, in support of the government’s economic reform programme. Ever since negotiations with the IMF started, the government has implemented a number of economic reforms, including passing the civil service and value-added tax laws, floating …
Financial portfolios undergo restructuring amid tendency to invest in stocks of export companies: investment managers
Investment in shares is more attractive compared to fixed-income instruments despite increase in interest rates by 3% on Thursday, say investment managers
Shell aims to export gas through EDCO every 20 days
200m cubic feet per day from Borollos fields allocated for export, says source
ITIDA supports 97 companies in exporting technological services with EGP 39.5m
Call centres acquire 35% of exports
Lack of clear industrial strategy, US dollar appreciation threaten to stop production
US dollar crisis facilitates flourishing of informal economy, says exporter
Egypt’s wheat export crisis deepens after cancellation of 2nd wheat tender
Russia bans Egypt’s fruit and vegetables exports, in response to Egypt rejecting wheat shipment
Sama Grain intends to establish juice concentrates factory with EGP 35m
Line for packaging citrus fruits expected to be launched in early 2017
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
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
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
GOEIC rejects 116 imported food and industry containers for non-conformity
GOEIC is examining 14,720 imported food and industry containers
Increase of US dollar exchange rate supports chances of exporting MCV buses: Ghabbour
The group is targeting to export 150 hybrid buses to London this year
Egypt to impose EGP 900 fee on sugar exports until year’s end: industry minister
This decision will secure the needs of the local sugar market, says Qabil
Egyptian imports decline by 27% in January and February
Egypt’s recorded US$1.891bn in non-oil exports, an increase of 4%