Latest in Tag: Exports Highlight

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Latest in Tag: Exports


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Exports increased after Egyptian pound’s flotation: Minister of Industry and Trade 

Minister of Industry and Trade Tarek Kabil said that the flotation of the Egyptian pound has helped promote the country’s exports and limit its imports, according to a statement issued by Beltone Financial on Wednesday. Kabil added during Beltone Financial’s “Africa’s Era, Egypt’s Moment” conference, which is currently being held, that “the 2011 revolution impacted …

Hisham Salah

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Egypt’s agricultural exports increased by 17% during 2016

Minister of Industry and Trade Tarek Kabil said that Egyptian agricultural exports increased by 17% during 2016, adding that Egypt is currently the biggest citrus exporter in the world. The minister added in a statement issued on Wednesday during a meeting with investment banks’ representatives, arranged by EFG-Hermes, that Egypt has a lot of investment …

Hisham Salah

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13.9% decline in Egyptian exports, 8.7% increase in imports during 2015: CAPMAS

Egyptian exports declined by 13.9% compared to imports that increased by approximately 8.7% in 2015, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The CAPMAS issued on Wednesday the annual bulletin of foreign trade 2015, which stated that Egypt’s total exports amounted to EGP 168.08bn in 2015, compared to EGP 195.28bn in …

Hossam Mounir

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Egypt’s exports to Lebanon increase by 65%: Minister of Industry and Trade

Minister of Industry and Trade Tarek Kabil said that Egyptian exports to Lebanon increased by 65% during 2016 compared to 2015, adding that a lot of different fields benefited from the increase. Construction materials manufacturers benefitted most from the hike in exports, as their exports increased by 225% to record EGP 277m. Kabil said in …

Hisham Salah

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Exports of building, construction materials doubled to EGP 41bn in 2016

Egypt’s exports of construction materials has doubled in 2016 to record EGP41.93bn compared to EGP21.93bn during 2015, according to Waleed Jamal Al-Din, president of the Export Council for Building, Refractory and Metallurgy Industries (ECBM). Jamal Al-Din said exports surpassed plans and expectations set by ECBM, adding that they had aimed to increase exports by EGP …

Hisham Salah

Agro Food

Dutch Agro-Food exports register EGP 7.5m over 9 months

Exports of the Dutch company for packaging and food industries to European and the Arab markets registered EGP 7.2m over the first nine months of 2016. The company targets to achieve the same sales value of last year, which was EGP 8.5m, according to chairperson of the company Sayd Shaalan. He mentioned that the remaining …

Selim Hassan

Corona

Corona targets EGP 20m exports in 2017

Corona aims to increase its exports in 2017 to reach EGP 20m, compared to EGP 10m in 2015. Ahmed Shaaban, the sales manager of Corona, said that the company is targeting a 40% growth in sales by the end of 2016 through expanding the distribution of its products in the coming period. Corona prepared a …

Basma Tharwat

halawani bro

Halwani Brothers targets exports worth EGP 150m by end of 2016

Halwani Brothers targets to grow its exports by 20-30% by the end of 2016, compared to last year’s ratio. Mohamed Adel, the exports director at Halwani Brothers, said that the size of exports is expected to reach EGP 150 by the end of 2016, through exporting halva, tahini, jam, and frozen strawberries. Adel added that …

Samira Saeed

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Japan exports tank on stronger yen

Japanese shipments abroad have fallen considerably, the government has said in its latest report on trade activity in the world’s third-largest economy. The strong national currency remains a headache.

Deutsche Welle