Latest in Tag: Exports Highlight
Latest in Tag: Exports
16% increase in Egyptian non-oil exports in 4M 2018: Kabil
Egypt’s foreign trade exchange increased 12%, says minister of trade and industry
Russia lifts ban on Egyptian potato exports
Tarek Kabil, minister of trade and industry, announced in a press statement on Saturday that Russian authorities have agreed to lift the imposed ban on Egyptian potato exports from eight agricultural areas. He added that exporting from those areas will begin starting from 6 June. The minister added that the decision is the culmination of …
14% increase in exports in February 2018
The deficit in Egypt’s trade balance reached $3.28bn in February 2018 compared to $3.32bn in the same month of the previous year, a decrease of 1.2%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS)’s monthly bulletin of foreign trade data for February 2018, issued on Tuesday. The value of exports increased by …
21% increase in Egyptian exports to EU market: Kabil
Egyptian commodity exports to European Union (EU) countries increased significantly during 2017, at a value of about €8.1bn, compared to €6.7bn in 2016, an increase of 21%, according to a Friday press statement from Minister of Trade and Industry Tarek Kabil. Furthermore, the large increase in Egyptian exports to these markets contributed to the growth …
Chinese exports drop in March, but trade gap with US widens
China’s export growth unexpectedly fell last month, the first drop since February 2017. That’s unlikely to ease trade tensions as the country’s widening surplus with the US is likely to further infuriate Donald Trump.China’s trade surplus with the United States surged 19.4 percent to $58.25 billion (€47.22 billion) between January and March, as exports gained …
28% increase in Egyptian exports to Belgium in 2017
Minister of Trade and Industry Tarek Kabil announced in a press statement on Tuesday that Egyptian exports to the Belgian market witnessed an increase of 28% in 2017 compared to 2016. He explained that Egyptian exports to the Belgian market grew in 2017 to record about €320m, up from €250m a year prior, bringing the …
Firms expect improvement in exports, investment policy, stock market, energy system
Most firms expect improvements in exports in the coming quarter, as well as in investment policy, due to a more enabling environment availing to increase foreign direct investments, according to the Business Barometer (BB) March 2018 survey by the Egyptian Centre for Economic Studies (ECES). The BB said that firms expect improvement in the stock …
Attijariwafa Bank signs MoU with Expolink to raise Egyptian exports to Africa
Group aims to establish joint ventures between Moroccan, Egyptian investors, explore joint investment opportunities in countries it is located in
52.3% increase in Egyptian exports to Spain in 2017
Minister of Trade and Industry Tarek Kabil revealed, in a press statement on Tuesday, that Egyptian exports to the Spanish market increased by 52.3% in 2017, to reach €640.5m compared to €420.5m in 2016. Kabil added that the Egyptian imports from the Spanish market have declined, dropping from €1.38bn in 2016 to €1.26bn last year, …
127% increase in Egyptian date exports within 2 months: Food Export Council
The Food Export Council announced, in a press statement on Monday, that Egyptian exports of dates during January and February were estimated at a value of $20.5m, an increase of about 127% compared to the same period of 2017. The statement mentioned that the amount of Egyptian date exports witnessed an increase of 81%, explaining …
€7.5bn, Egyptian exports to the EU markets in first 11 months of 2017: Kabil
Minister of Trade and Industry Tarek Kabil announced that Egyptian exports to European Union (EU) markets achieved a significant increase of 24% during the first 11 months of 2017, reaching €7.5bn, compared to€ 6.3bn during the same period of 2016. He continued that Egyptian imports from the EU decreased during the first 11 months of …
$2.5bn in Egyptian exports to UAE in 2017: Kabil
We seek to find real partnership based on identifying available manufacturing capabilities to meet consumer needs in both countries, says UAE minister of economy
38.5% increase in Egyptian exports to Turkey in 2017
Minister of Trade and Industry Tarek Kabil announced that Egyptian exports to Turkey achieved unprecedented growth during the past year, increasing 38.5% to reach $1.998bn compared to $1.443bn in 2016. The minister added that Egyptian imports from Turkey witnessed a remarkable decline last year to reach $2.36bn compared to $2.733bn in 2016, a decline of …
$9.624bn Egyptian exports to 5 countries in 2017
Egyptian exports to the five largest countries in the world during 2017 reached $9.624bn, accounting for 37.3% of total Egyptian exports to the world, which amount to $25.8bn, according to the Egyptian Foreign Trade Bulletin issued by the Central Agency for Public Mobilisation and Statistics (CAPMAS). The report showed that the UAE ranked first among …
35% increase in Egypt’s exports to Russia during 2017
Tarek Kabil, minister of trade and industry, announced that Egyptian commodity exports to the Russian market increased by 35% last year, reaching a value of about $504.6m compared to $374.1m in 2016. He highlighted the great diversity of Egyptian export items to the Russian market, explaining that this diversity contributed to the enhancement of Egyptian …
Mars Wrigley Egypt targets increasing exports to $100m by end-2018
Mars Wrigley Confectionary doubles its investments in Egypt to EGP 750mn for expanding Sixth of October factories
16% increase in Egyptian exports in January compared to 2017
Minister of Trade and Industry Tarek Kabil said that total investments in the food industry in 2017 amounted to EGP 500bn and are expected to increase by 2018 by 1%. Egypt’s exports in January 2018 increased by 16% compared to the same month last year. “In the past, we only gave 700 licenses a year, …
36.7% rise in Egyptian cotton exports in Q1 2017/18 agricultural season: CAPMAS
On January 12 2018, the Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly bulletin on cotton for the first quarter of the agricultural season 2017/2018. Exports of cotton from Egypt reached 128,300 kantars (equal to 99.05 pounds, or 45.02 kilograms) in September to November 2017, versus 202,500 kantars during the same period …
Egypt’s exports from QIZs at $752m
Exports up by 1.5% from 2016, says El Rabiey
40% increase in Egyptian exports to Tunisian market
Minister of Trade and Industry Tarek Kabil said that the Egyptian non-oil exports to the Tunisian market within 2017 rose by 40.7%, scoring $187.2m compared to $133m in 2016. Kabil said that the large increase in the rates of Egyptian exports to the Tunisian market is due to the increased competitiveness and acceptance of Egyptian …
Egypt’s IT exports on track to achieve ambitious growth targets: report
Egyptian IT export industry worth over $3.25bn in 2017
Beyti aims to double exports by entering North African, American markets
Exports to reach 10m cartons of juices and milk this year, says El-Sadek
Senyorita eyes $9.5m in exports this year
Exchange rate stability supports price stability until mid-year, says Younes
Juhayna exports up 207% last year
2018 will see Egypt’s economy recover, economic reform fruits appeared in last quarter of 2017, says Thabet
Faragello aims to boost exports to $80m
Company owed EGP 50m in export incentives that were not disbursed, says Abdul Sabour
Egy Dairy expands its exports to Saudi Arabia, Sudan this year
Company injecting EGP 15m to increase production capacity, targets sales of EGP 120m
El Maleka for Food Industries eyes 30% growth in exports
We aim to export 70,000 tonnes by the end of 2020, says Mamdouh
Current export duties on some mining materials to continue for 1 year
Decision aims at encouraging local industry, says minister of trade and industry
Official delegation to visit Saudi Arabia to resolve pepper, strawberry exports issue
Arab market accounts for over 45% of agricultural exports, says AEC head
Belco exports brought in €9.5m last season
Company targets 5% growth in 2018 exports, says El-Beltagy