Latest in Tag: exporters Highlight
Latest in Tag: exporters

Trade Ministry improves services provided to exporters, importers
Gamea said that these services contribute to facilitating the movement of trade between Egypt and various global markets.

Exporters recommend opening new markets, deepening local manufacturing to reach the desired $100bn in exports
Accordingly, governments encourage exports because they increase employment opportunities and raise average wages and, consequently, the standard of living of the population. Exports also raise foreign exchange reserves.

Egypt among top 10 major international fertiliser exporters
Egyptian government keen to develop fertiliser industry to achieve sustainable agricultural development, says Nevine Gamea

Egypt provides EGP 21bn to support exporters during 2020: Finance Minister
1,069 companies benefit from lump-sum payment initiative to settle export subsidy dues before 2021, says Minister Maait

Immediate cash payment of late dues to Egyptian exporters sees increased demand: Finance Minister
Maait said that his ministry and the Export Development Fund would continue receiving requests from exporters wishing to benefit from this initiative. Exporters will be able to access the initiative on weekdays between 8:30am and 6:00pm, until the end of the working day on 30 November.

Trade Minister meets with producers, exporters to discusses boosting Egypt’s leather industry
We are keen to integrate value chains in Egyptian leather industry to produce high-quality goods at competitive prices, says Nevine Gamea

 Egyptian government to pay exporters’ dues in cash at 15% discountÂ
153 exporting companies received first batch of dues worth EGP 1.8bn

EM may benefit from COVID-19 recession, risk for energy exporters: Renaissance Capital
No evidence yet that political leaders in DM or EM will see popularity suffer due to pandemic policies

Trade Minister meets exporters to discuss implications of Coronavirus outbreak
Government prepares urgent incentives to maintain production, export growth

Finance, Trade ministers sign 31 settlement agreements for late dues for exporters
Export Development Fund spends EGP 291m on 12 companies under stimulating investment initiative

Ukraine ranks 2nd in top 10 tourism exporters to Egypt in 2018: Al-Mashat
Furthermore, the minister spoke about the Ukrainian market and its importance to the Egyptian tourism as one of the most important and most developed markets for Egypt.

Exporters propose solutions to boost new export stimulating programme
Egyptian exporters suggested some financial and technical mechanisms to settle the government’s accumulated dues owed to them, during a meeting with Prime Minister Mostafa Madbouly, the Minister of Trade and Industry, and the Industrial Development Authority to discuss a new export stimulating programme on Tuesday. Madbouly noted that the government pays great attention to boost …

RMG exports to hit $1.6bn by 2019, attracting 300 new exporters: says head of RMGEC
Optimistic for the future of Egypt’s economic growth and the performance of the sector, Head of Ready-Made Garments export council, Mohamed Al Sayad, said that the RMGEC’s exports can hit $1.6bn by the beginning of 2019, benefiting from all incentives that government is offering to boost exports’ performance, as well as undertaking economic reforms. In …

Exporters’ debts hit EGP 10bn, says EBA
Situation is critical, negatively affecting our economy, reputation; government should take positive action steps, says Eissa

Egypt may become biggest orange exporter
Egypt’s orange exports have increased significantly this season, competing with the world’s largest orange exporter, Spain. In this context, FreshPlaza website, a portal specialised in the fresh produce industry, quoted Spanish company Exportaciones Aguado SL confirming great competition between Egypt, Turkey, and Greece in exporting the citrus fruit. Moreover, the company said that Egypt and …

Another record year for German exporters
The global growth slowdown hasn’t prevented German exporters from shipping a record volume of goods abroad over the past 12 months. Imports also reached a new high in 2016, but the increase was less pronounced.Companies in Europe’s largest economy exported goods worth 1.21 trillion euros ($1.29 trillion) throughout 2016, the National Statistics Office (Destatis) reported …

German exports hit new record high
Despite a slowdown in the global economy, German exporters have been able to ship more goods abroad than ever before. A brief December dent was not enough to spoil the party over record-breaking full-year trade figures.

Exporters of agricultural crops establish a plan to address export declines
Coordination underway between exporters, Export Council’s role to be activated through precise plan to enter new markets