Latest in Tag: Exports Highlight
Latest in Tag: Exports

Agro Land aims to increase exports to 132,000 tonnes
Export Manager at Agro Land Hossam Al-Qady said the company participates in the Fruit Logistica exhibition annually to communicate with customers and open new markets. Agro Land grows oranges, potatoes, and onions and exports its products to Russia, Europe, East Asia, China, Bangladesh, Saudi Arabia, Kuwait, and Iraq.

Upper Egypt for Agricultural Investment Company targets EGP 50m in exports during 2016
Shipping procedures continue to represent a constraint on export growth: CEO Hamdi Ahmed

Egyptian exports down 2.3% in 2014: CAPMAS
Petroleum exports decline by 15.7%

Industry Ministry, ICIEC meet to activate MoU to finance Egyptian exports
Value of credit-financing package corporation amounted to $5.5bn last year, says CEO

Egypt considers exporting food products to Cyprus
Supply Minister says Egypt can benefit from position of Cyprus to export to the EU

Agriculture Ministry targets a 0.5m tonne increase in exports
Volume of exported agricultural products totaled 4.5m tonmes in 2015

Government targets 10% increase in exports
Four working groups formed to draft a plan to accelerate import and export procedures

Exports register a 17.3% YoY decline
Next year will be the beginning of “breakthrough” for exports’ rates, says Qabil

Israel to give Egypt 2% of QIZ earnings
The action was said to follow Tarabin’s release on 10 December

Obstacles discussed at Egypt Automotive summit
Several investment plans by Nissan are on hold due to foreseen risks, says Nissan GM

Ministry of Agriculture will sign free trade area agreement with Italy, Jordan, and Lebanon
Agreement will be signed Tuesday or Wednesday, says ministry spokesman

Trade balance deficit increases by 38.8% YoY in July: CAPMAS
Egypt’s trade balance continues to face a deficit, despite the state announcements on attempts to counter this recurring problem

45% decline in fertiliser exports during August: CEC report
Egyptian fertiliser exports declined to record EGP 1.4bn during the first eight month of 2015, compared to EGP 3.5bn during the same period of 2014, says CEC

EGP devaluation is not a condition to increase exports: Exporters
The contradiction between monetary policies and economic policies led to the decline in exports, says Tolba

Talks to increase Egyptian exports to Russia
PM stressed importance of facilitating procedures related to increase of agricultural exports to Russia

Egypt’s exports decline by 19% from beginning of year to September
One reason behind the decline was the inability to meet the needed amounts of gas for factories to run at full capacity

$10m worth of exports from El-Welely for Agriculture Crops within 8 months in 2015
State to develop plans to face climate change and its impact on summer crops

GALINA targets $60m in exports next year: CEO
25% increase in exports value after dollar price hike against EGP

Egypt’s chemical, fertiliser exports in Africa rise by 16% in September: CEC head
Egyptian exports to the Nile basin countries rose to $93m during June

Egyptian petroleum exports decline as imports increase
The Egyptian petroleum exports decreased by 40.7% last June

Egypt’s largest trading partners are European, Arab countries: CBE
EU countries acquired 33.5% of total Egyptian exports by end of Q3 of FY 2014/2015

New free zone in Minya attracts $750m in investments
Zone’s cost of development will exceed EGP 450m, will be implemented in three phases over 10 years

Various opportunities for exporting to Africa: Minister of Industry
Meetings to take place in November to follow up on applying the COMESA customs union

Rice exports resumed with annual 1m tonne limit
FEI says rice exports generate $600m for Egypt every year

Rice exports halted
Abdel Nour said the decision comes to meet domestic rice requirements
Trade deficit sees 4.4% hike in Q3 of FY 2014/2015
In a country that is more dependent on imports, it is generally common to find a deficit in trade balance
Fed leaves door open for September rate hike
Following a two-day policy meeting, the Federal Reserve kept its benchmark interest rates unchanged at near zero percent. The central bank also said that the US economy and jobs market are continuing to strengthen. The bank’s rate-setting Federal Open Market Committee said in a policy statement on Wednesday that the US economy has expanded “moderately” …

April trade deficit up 52.7% YOY
Egypt recorded trade balance deficit of EGP 24.60bn in April 2015, says CAPMAS
Export councils seek to upgrade Egypt’s presence abroad
EFEC discusses increasing furniture exports through Egyptian participation in foreign expos, says Helal
Export councils seek to upgrade Egypt’s presence abroad
EFEC discusses increasing furniture exports through Egyptian participation in foreign expos, says Helal