Latest in Tag: Exports Highlight
Latest in Tag: Exports

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 …

Egypt exports talent to the world: LinkedIn
33% of Egyptian professionals assume senior positions when back

Iron exports at Damietta port increase by 684.6% year-on-year
14.2% growth in cargos traded in Damietta port during 2016

Weak exports dampen US fourth-quarter growth
The US economy slowed sharply at the end of 2016 as a plunge in shipments of soybeans weighed on exports. But steady consumer spending and rising business investment suggest the economy will continue to expand.

I expect a major breakthrough for the economy and banking activity in H2 of 2017: Abu ElFotouh
NBE has SMEs, industry, exports as top priority in 2017

Anticipated growth in Egyptian exports after pound’s flotation
Demands to form a supreme council for exports to formulate policies aimed at doubling exports

Industry Ministry aims to boost exports to $34bn by 2020
EDBE and ECGE to be activated to increase competitiveness of Egyptian products across global markets

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 …

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 …

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 …

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 …

77.7% increase in Egyptian cotton exports during Q2 of agricultural season 2015/2016
The total amount of cotton exports in the fourth quarter of the 2015/2016 agricultural year increased by 77.7% compared to the same period of the previous year, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). Egypt exported 139,900 metric kantar of cotton during June/August 2016, compared to 78,800 metric kantar the year …

Communications Ministry counts on local manufacturing to increase electronic exports to $3bn
We agreed with 5 companies to locally manufacture and we have requests from 10 other companies, says Al-Qadi

Egyptian companies to export $12m worth of goods to Iraqi market: Trade Minister
Egyptian exports to the Iraqi market amounted to $782m in 2014 and $470m in 2015

Egypt aims to boost exports to $30bn, decrease imports to EGP 54bn
Exports have increased by $1bn since January, while imports declined by $7bn

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 …

ICS exhibition to increase Egypt’s ceramic exports to Africa by 5%: Climax Creation chairperson
$ 322m total Egyptian exports of ceramic, sanitary ware in 2015, says Construction Export Council Chairperson

$7bn decrease in Egypt’s imports over 9-month period: Trade and Industry Ministry
Exports on the other hand increased by $1bn over nine months, says minister

Egypt exports EGP 7.9bn to Nile Basin countries, EGP 2.7bn in imports in 2015: CAPMAS
EGP 4bn was exported to Sudan and EGP 1.83bn to Kenya

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 …

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 …

2 US firms submit official complaints about Egyptian exports to Trade and Industry Ministry
A committee from the Ministry of Trade and Industry will visit Russia to discuss the Egyptian export crisis

Ghabour Farms plan to expand its exports to African market in 2017
We export 10 fruit crops to more than 20 states in Asia, Europe, and Africa

Sakr Group targets to increase its exports to $20m in 2016
Food industries are still suffering after losing Arab markets

EGP 42m fresh fruit exports during the first half of 2016
$1.9bn agricultural products exported from September 2015 to June 2016

Egypt drops 14 places to rank 55 in Country RepTrak index
Effective governance is considered the cornerstone of attracting foreign direct investment

30% increase in Egypt citrus exports to China in H1 of 2016: Beijing trade commissioner
Upcoming cooperation protocol to export Egyptian grapes to Beijing in 2017

15.7% decline in Egypt’s trade deficit in June: CAPMAS
EGP 2.3bn increase in exports and EGP 3.2bn decrease in imports

Customs Authority, General Authority for Control of Exports and Imports to be linked electronically: Finance Ministry
This protocol for electronic information exchange reduces the time needed for clearance, which in turn will cut down costs

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.