Latest in Tag: Export Highlight
Latest in Tag: Export

Ministerial decree to apply new standards on imported cars
Three-month deadline for importers of complete cars, one month for importers of spare parts to meet requirements

Instability, lack of legal certainty the main problems for British investors: Franck
Egyptâs exports to the UK went up by 21% in 2013, says former UK Trade and Investment Director

Shipping lines between Egypt and Jordan not sufficient: Commercial office
Ministry of Trade and Industry and Commercial Office in Amman intend to increase trade between Egypt and Jordan

Arab Beverages Conference and Exhibition to be held in Egypt in September
Egyptâs Food Export Council aims to increase exports from EGP 20bn to EGP 40bn by 2020

Reducing energy subsidies is âgoodâ but may raise prices: Egyptian Steel chairman
Investors welcome the move to reduce energy subsidies, but ask government to protect the poor from expected price jumps through social programmes
Over 50 Egyptian companies seek to enter Jordanian market
Egyptian companies are looking for opportunities to enter the Jordanian market as Syrian crisis cut trade between the latter two

HSBC supports local SMEs with EGP 300m fund
HSBC forecasts a modest pick-up in export growth to over 4%

Central Bank economically reflects on Egyptâs BOP
Central Bank of Egypt: current account deficit retreated by 45% to reach $ 5.6bn from $10bn

EUâs Foreign Affairs Council discusses Egypt
EU revokes export licenses to any equipment used for internal repression

Turkey suspends navigational lines with Egypt due to âfinancial constraintsâ
The shipping line, run and managed by the Sisa Shipping Company, connects the Iskenderun port in Turkey to Adabiya in Port Said, was suspended this week.

UK export licences to Egypt suspended
British government revokes five export licences to Egypt in light of âchanging situationâ

Syria oil output dives to 5% of pre-war level: minister
Abbas said output was now running at about 20,000 barrels per day (bpd), compared with 380,000 bpd before an anti-regime uprising erupted in March 2011.

Australia suspends livestock trade to Egypt
Egyptâs cattle trade partner is investigating evidence implicating the inhumane slaughter and treatment of Australian cattle in Egyptian slaughterhouses

Israel Electric Corporation cancels natural gas import agreement
Egyptian National Gas had allegedly asked the jointly owned Israeli-Egyptian East Mediterranean Gas Company (EGM) to cancel the agreement.

Egypt imports gas to meet its exportation requirements
Minister of Petroleum, Osama Kamal, refused to comment on the matter

Turkeyâs economic miracle offers MENA investors big markets to chase
By Tim Reid Turkey has hung out its ‘for sale’ sign at just the right time to grab the attention of Arab investors who are in the market for new destinations to deploy their record energy revenues. A new Turkish real-estate law came into effect in May making it easier for Arabs to buy property …
From the other side: No dignity for an investor in his home!
No dignity for an investor in his home!
Global wheat prices expected to soar
By Basma Tharwat The drought that recently hit the United States and Russia, the largest wheat exporters in the world, triggered fears of a global price rise of the strategic commodity. One of the worldâs largest wheat importers, Egypt is expected to suffer greatly as a result. Noamany Nasr Noamany, Vice President of the General …

Crop Yield Prices Balancing Fund to be introduced
Crop Yield Prices Balancing Fund plan to be proposed to Cabinet

Exports on a downward trajectory
Egyptian exports continued a decline that started at the beginning of the current year, recording only EGP 78.8 billion in the first half of 2012, compared to EGP 79.45 billion in the first half of 2011. Exports fell 17 percent in July, coming in at EGP 9.385 billion, compared to EGP 11.293 billion in …
Fresh strategy for developing food and agricultural industries
By NihalMounir Mahmoud Eissa, Minister of Industry and Foreign Trade, said that a comprehensive strategy to develop food and agricultural industries is currently being finalised. The strategy is in a similar vein to a group of Ministry of Industry and Foreign Trade strategies to develop the Egyptian engineering and textiles sectors, which included mechanisms for …