Latest in Tag: Exports Highlight
Latest in Tag: Exports

Teriyak aims to increase its exports to $4m in 2020
Export Director at the company, Amgad Naseem, said the company is working to reclaim and cultivate 5,000 feddans in Wadi Al-Natroun and the 1.5m-feddan project.

EGAS cuts gas exports to Jordan to 140 scf/day
It comes due to decline in Jordanian power plants’ gas consumption in winter

Egypt reduces gas exports via Idku due to instable Mediterranean navigation
Exports fell by 600m scf/day: Source

Egypt’s exports of engineering industries increase 11.5% in July-November 2019: EEC
Amr Abu Freikha, the EEC chairperson, said that electronic, electrical, household, and electrical industries, in addition to the medical, metal, machinery, equipment, and kitchen appliances are the most important engineering industries that have achieved an increase in exports.

Egypt exports EGP 1bn worth electricity to Jordan, Libya in FY2018/19
EETC is negotiating new 2,570MW renewable energy projects, says Mashaly

Egypt raises its gas exports to Jordan to 350m scf/day
We achieve higher economic return from exporting natural gas than liquefied gas: EGAS

2.3% increase in exports, decrease in trade balance deficit by $2.147bn
Imports also witnessed a decline of 3% to record $57.709bn compared to $59.336bn during the same period last year with a decrease of $1.660bn.

11.5% hike in Egypt’s exports in 2018: CAPMAS
The CAPMAS added in its annual bulletin of foreign trade 2018 that the total value of exports of non-petroleum reached $24.6bn in 2018, up from $22.5bn in 2017, an increase of 9.3%.

17.2%, hike in Egypt’s exports to COMESA in 2018
The report showed out that the highest exports were concentrated in five African countries, including Libya, Sudan, Kenya, Ethiopia, and Uganda, respectively, accounting for85.5% of Egypt’s total exports to COMESA countries.

Egypt aims to increase oil exports revenues to $8.5bn in FY 2019/20
Quantities include the foreign partner’s share at an average price of $55 a barrel, say government sources

9% increase in Egypt’s engineering exports in 1Q FY2020
Abu Fraikha pointed out that the most important countries that receive Egyptian engineering products exports are the United Kingdom, Saudi Arabia, the United Arab Emirates, Hungary, Slovakia, France, Iraq, Algeria, and Syria.

Egypt’s exports to hike 20% by year-end: Trade Minister
About 36% of Egypt’s imports are production inputs, says Nassar

EGAS targets 1bn scf/day gas exports through Idku liquefaction plant
Completion of periodic maintenance of one of Idku’s liquefaction units contributed to this hike, says source

2.6% increase in Egypt’s drug exports in 9M 2019, recording $392m: Trade Minister
His remarks came on the sidelines of Egypt’s inauguration of the Egyptian Medical Expo to Africa, which is held under the auspices of Egypt’s Prime Minister Mosatafa Madbouly and Amr Nassar, and organised by the Export Council for Medical Industries.

Gas exports fell to 100m scf/day due to low global prices
Egypt poised to achieve surplus of production after meeting the needs of domestic market

KSA’s GDP is currently 40% reliant on oil exports: Colliers International
SAR 61.4bn, estimated size of relevant entertainment market in the Kingdom by 2030, says Colliers

Israeli gas exports to Egypt to increase to 85.3 bcm over 15 years
Exports from Leviathan to start 1 January 2020, from Tamar to start on 30 June 2020

Egyptian exports to exceed $30bn by end of 2019: Nassar
Ministries of Trade and Industry, Finance, Transport discuss simplifying trade across borders’ procedures

Egypt’s cotton exports hike by 218.8% in Q3 of 2018/19 season
Egypt’s cotton exports registered at 160,100 metric kantars during the same period last year.

8.8% hike in Egypt’s exports to G7 in 1H19, recording $3.8bn: CAPMAS
G7 net investments in Egypt up 5.7% in H1 of FY 2018/19

Egypt allocates EGP 6bn to stimulate exports in FY 2019/20
Country’s non-oil exports record $13.037bn in 1H19, says GOEIC

Egyptian business delegation to visit Ghana in September to promote exports
The council’s delegation will include 25 Egyptian companies, and aims to maximise the competitiveness of Egyptian various products in international markets, and learn about investment and export opportunities available in Ghana, Abu Al-Makarem added in a press statement

Egypt’s exports to France hike by 49% in 2018: EDA
Egypt’s exports to France reach $862m, up from $578m in 2017, according to Youssef

Egypt’s gas exports through Idku increase to 750m scf/day
Connecting Giza, Fayoum fields contributed to increasing export quantities, according to EGAS

Hike by 126.4% in Egypt’s exports to Jordon during Q1 of 2019
Egypt’s trade office in Jordon added in its economic report that the trade exchange between the two countries during the first quarter (Q1) of 2019 hiked by about 108.2%, recording $408.6m.

Brazil’s exports to Egypt worth $791.53m during H1 of 2019: ABCC
Brazilian imports from Arab states grow by 11.5% to reach $3,521.08m in H1 of 2019

L’Oréal seeks to rely on local suppliers to further enhance its exports
Egypt is promising, attractive market for investment, says Country Manager

Egypt’s exports to regional blocs increase 6.6% in 2018: CAPMAS
In its annual bulletin of Egypt’s trade exchange in 2018, the CAPMAS added that Egypt’s exports to GAFTA topped the list, valued at $9.4bn in 2018, down from $9.8bn in 2017, a decrease of 3.5%.

CBE launches risk insurance company for exports to Africa before year-end
El-Shaarawy told Daily News Egypt that the bank is currently completing the regulatory and structural framework of the company, determining shareholders’ stakes, and the CBE’s contribution in the company.

Egypt’s trade balance increases by 10.1 % in March 2019
The deficit value of Egypt’s trade balance reached $4.15bn during March 2019, versus the $3.77bn for the same month of previous year