Latest in Tag: Exports Highlight
Latest in Tag: Exports
Industry Ministry sets 7 axes to export support programme
The new axes of the export support programme were scheduled to be applied in July 2016, says minister
German economy logs moderate growth
While losing some of its previous momentum, the German economy is still in a robust state, logging higher-than-expected growth in the second quarter. Exports and private consumption were behind the expansion.
Egypt’s external debt to climb to 21.8% of GDP in 2020: FocusEconomics
US dollar exchange rate expected to increase to EGP 10.19 by the end of 2017 and EGP 13.10 by the end of 2020, says FocusEconomics
Industry Ministry inaugurates ‘Proudly made in Egypt’ campaign
The initiative is an important mechanism that contributes to doubling the rate of industrial growth, says Tarek Kabil
Egypt receives 16.65% of Brazilian exports, ranks third in Arab world
Brazilian exports to the Arab world amounted to $5.24bn in the first half of 2016
Egypt exports register EGP 16.6bn in April, imports record EGP 40.5bn: CAPMAS
The value of Egyptian exports reached EGP 16.6bn during April 2016, while imports recorded EGP 40.5bn in the same month, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). CAPMAS stated in its monthly bulletin on foreign trade statistics issued on Monday, that the trade balance deficit reached EGP 23.9bn in April 2016, …
China trade falls on weaker yuan and global demand
Chinese imports and exports in dollar terms dropped sharply in June as the country’s currency depreciated against the US currency. Falling commodities prices and weakening domestic demand also played a role.
Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE
The global drop in oil prices has led to a decline in Egypt’s export proceeds by $3.7bn during the first nine months of fiscal year (FY) 2015/2016, according to the Central Bank of Egypt (CBE). In its balance of payments (BOP) report issued on Sunday, the CBE revealed that commodity exports have reached $13.4bn from …
Slight growth in Egyptian exports in 4 months
Imports decline to $18.5bn between January and April; trade deficit fall by 27.5%
Russian Retail Companies Association looks to identify ways to diversify Egypt’s exports to the Russian market: Tarek Kabil
Egypt’s Minister of Industry and Foreign Trade Tarek Kabil recently met with President of the St. Petersburg Chamber of Commerce and Industry Vladimir Katenev to discuss mutual cooperation
Trade balance deficit declines by 44.4% in March: CAPMAS
Exports increase by 11.7%, imports decrease by 27.2%
Egyptian cotton exports decrease by 54.2%: CAPMAS
Exports reached 112,700 metric kantar between December 2015 and February 2016 compared to 246,000 metric kantar during the same period of the previous season.
Oriental Weavers raises prices of all its products by 7% to cope with rising costs
Exporting Committee developed a strategy to help its subsidiary MAC out of the exports decline, based on adding new production lines and opening new African and Asian markets
$400m allocated by Ministry of Finance to support exports
This is the first time such a budget has been allocated from the General Budget, said Minister of Trade and Industry Tarek Qabil, adding that the amount allocated to support exports is EGP 6bn.
Egyptian exports increase by 9% in April 2016
This marks a good step despite the global economic problems, as exports are expected to double within two years, says Al Gabaly
US economy slows to weakest pace in a year
The US Commerce Department has revised up first-quarter GDP growth for the world’s largest economy.
Egypt’s trade deficit declined by 22% in February: CAPMAS
Egypt’s trade deficit declined by about 22% in February 2016 compared to February 2015, according to a report issued on Thursday by the Central Agency for Public Mobilisation and Statistics (CAPMAS). The balance of trade is an economic measure of the difference in value between a country’s imports and exports during a given period. According …
Negligence of foreign currency resources aggravates ballooning dollar crisis
A decline in revenues from tourism, FDI, the Suez Canal and Egyptian exports continues to burden Egypt’s foreign reserves
Egypt’s trade deficit declines by 24.9% in January 2016: CAPMAS
Exports fall short by EGP 10.6bn, compared to EGP 32.9bn in imports in January
LG exports $150m worth of TV screens in 2015
15% decline in profits due to dollar crisis, says Kwack
Hero MEA seeks 12% increase in sales, 15% increase in exports
Hero MEA has 38 distributors with 1,500 employees across Egypt, says Mahmoud Bazan
Egyptian exports in February increase 2.3% year-on-year
The Increase is due to a recently-adopted programme to support exports, according to claim by Minister of Industry and Foreign Trade
Unicom projects $12m worth of exports for next 2 quarters
Egypt can overcome most of its economic problems by implementing right planning harvesting crops, says Managing Director
Africa will be medical industries’ racehorse in 2016
EGP 2.8bn targeted exports to Africa in 2016: ECMI Chairman
CFEC looks to increase exports to African market in 2016: Chairman
CFEC agreed with Qalaa Holdings to use Rift Valley Railways to transport its exports to African countries
Al-Nada plans to double exports this year
The company aims to visit several international exhibitions for agricultural products to promote their products and work to attract new clients.
Russian-Turkish tensions are positive for Egyptian exports: Fresh Fruit Co. Chairman
Central bank policies to curtail imports increased grain prices despite global decline, says El-Naggari
Egyst aims to double citrus exports to EGP 80m in 2016
Packaging station in Kafr Al-Dowar will operate with a 100,000 tonne production capacity, says Dessouky
Hegazy Fruit Production and Exports to increase exports by 10% to 2,200 tonnes this year
Company production dropped to 4,000 tonnes last year but is expected to rise to 5,000 tonnes during 2016.
Nogom targets 35% growth in exports during 2016
Government should sign agreement with Greece to reduce costs and facilitate transport to Europe, says Chairman