Latest in Tag: Export Highlight
Latest in Tag: Export
Industry ministry bans rice exports starting 4 April
The ministry is coordinating with all ministries to tighten restrictions on all customs and borders to prevent rice smuggling, says the minister
Oriental Weavers collects EGP 51m in outstanding dues of export subsidy
The company has three-part plan to stimulate exports by purchasing new machines, entering new markets in Gulf, Asia
Egyptian building materials trade mission to Lebanon secures four export contracts
The mission finalised an agreement between the Egyptian polycarbonate sheet company Polyee Playst and Lebanese companies operating in Ghana, Niger, Nigeria, Sierra Leone, Ivory Coast, Iraq, and Kuwait
Egyptian exports to COMESA amount to $1.7bn in 2015 despite FTA
Government expected an increase in COMESA exports
Prime for investment, COMESA countries must be more than export market
Egypt’s African offices will maximise benefit of storage areas for Egyptian exports, making them serve as starting points for the distribution
Egyptian exports to Arab and Nile basin countries up in October
Imports from Nile basin countries declined from $107.2m to $29.42m year-on-year
Transport crisis, European specifications, and subsidy disbursements: Triple threat for food industry exports
Transport issues, high shipping costs, and European import specifications have all complicated the affairs of Egyptian companies along with the new export subsidy system implemented by the government in 2015.
Ministry of Industry to increase export fees on fabric scraps to EGP 3,500 per tonne
Exports of scrap fabric for recycling increased to 294 tonnes in 2015, threatening the domestic textile industry
Afreximbank provides $500m to support Egyptian exports to African countries: Industry Minister
The current funding value may be increased to $ 1bn, says Afreximbank president
OPEC to decide on oil export policy
The world’s net oil exporters aren’t expected to announce a production cut at their meeting in Vienna, despite a report yesterday that Saudi Arabia would propose one. But surprises can’t be ruled out either. Oil ministers from Angola and Iran have said they don’t expect the Organization of the Petroleum Exporting Countries (OPEC) to adjust …
Egypt to export solar powered energy by 2020: REC Senior VP
REC is a European company working with Orascom to build solar plants by Q3 of 2017
Decline in Brent prices threatens exporting countries
We should increase our oil and fuel imports to make best use of the decline, says former EGPC deputy chairman
Al-Sisi, Eni CEO discuss possibility of establishing gas hub
Both parties discussed forming a gas hub in eastern Mediterranean Sea to make Egyptian transport and export facilities available for nearby discoveries, says Italian giant
Oriental Weavers, Arafa Holding reduce effect of EGP’s devaluation on pricing flexibility
The Egyptian currency’s devaluation is a step in the right direction, but the Egyptian industry needs more incentives
Egypt increases exports support fund by 92%
The decision will contribute to increasing Egyptian products’ opportunities to compete in global markets and open new export markets
Egypt’s cotton exports increase 94.3% year-on-year: CAPMAS
Total quantity consumed of local cotton rose by 115.5% to reach 175,800 metric quintals during period from December 2014 to February 2015, says CAPMAS
Agreement between PBDAC and EHCSS to use bank’s land to store wheat: Cabinet
Agreement will change Egypt to an international logistics centre that collects, stores and trades grains, says report
Review of indicative car prices law
Decisions are new beginning for re-structuring customs as a whole, says ECA
Economic restriction on Russia will not affect Egypt’s wheat imports: Gomaa
By Mohamed Abdel Monsef Egypt’s wheat imports were not affected by the US and EU economic restriction on Russia’s grain exports, according to Abdel-Salam Gomaa, President of the Agricultural Professions Syndicate. In statements to Daily News Egypt, he said the global production of wheat this year amounts to 775m tonnes. He added that the amount …
Marble and granite shine in international building trade fair in Cairo
Egypt is the tenth largest natural stone quarry producer in the world and the second largest exporter of marble blocks
Total value of Egyptian imports, exports falls in first half of 2014: EITP
Yet the value of imports and exports to the EU rises, reports Egyptian International Trade Point
Turkey files anti-dumping suit against polypropylene exports from Egypt
Export halt from Syria, Iraq, Libya, Tunisia, Yemen, and Turkey creating crisis, says Helal
Transportation minister inaugurates Egypt-Sudan Qustul Border Crossing
The inauguration of the Qustul Border Crossing represents a starting point for Egyptian products to begin entering the Sudanese market as well as the markets of other African countries, according to Minister of Industry and Trade Mounir Fakhry Abdel Nour. Sudan’s road network links the country to most other countries of eastern and central Africa, …
New amendments to system of export subsidies
The new intensives are related to the percentage of local component while SMEs still suffer
Egypt ceases supplying gas to Jordan indefinitely: EGAS
The official noted that the contracted amounts of gas exports to Jordan are 255m cubic metres of gas daily.
Trade exchange with Libya falls in wake of violence
Egyptian exporters exclude Libyan market from their plans and fear failure from Libyan side to fulfil contracts
Sanitary measures imposed on Egypt have negative impact on export: ERF
Government should support firms to increase their quality and productivity in order to export
Non-oil exports hit $11.8bn since beginning of 2014
Exports continue to rise for the second consecutive month, after a series of dips during the first five months of 2014
Exporters object to cut in export subsidies to EGP 2.6bn in new budget
The Ministry of Industry made an early announcement for a new programme to support exports starting in early July.
Arab Union for Industrial Exports Development targets 20% growth: Secretary general
The company aims to raise exports of member states in light of industrial expansion in Arab countries