Latest in Tag: Goods Highlight
Latest in Tag: Goods

Imported goods have almost completely halted since March: Importers Division
There is a major shortage in finished goods

HCMLT, ERA to establish integrated goods transport joint venture
New company to combine various means of land and railway transport in moving goods, says Hisham Tawfik

Finance Minister instructs ECA to reduce time limit on selling neglected goods
This would ensure the improved handling of containers left at customs points in Egypt in a manner that prevents their accumulation in ports and warehouses.

Uber launches Connect in Egypt for goods transportation
Egypt is first country to roll out the product in MENA region

Egypt non-durable consumer goods imports plunge 19.7% in 5M 2020: CAPMAS
Imports of medicines and pharmaceuticals recorded a decrease of 12.7%

COMESA adopts guidelines for cross-border movement of essential goods, services
CBC recommends member states ease movement of essential transit cargo across region

Extension of deadline for traders to settle temporary customs status of released goods before issuing new customs law
New draft law rearranges all special customs’ systems

Slight changes in Ramadan goods prices compared to last year
Unlike every year, yamesh sections face moderate turnout due to price hikes

50%, increase in consumer consumption of goods in Ramadan: Ministry of Supply
Egypt’s Minister of Supply and Internal Trade Aly El Meselhi said in a television interview that the volume of consumer’s consumption of food commodities during Ramadan is 50% higher than other months. Manufacturers and traders are achieving high profits in this Holy month, despite of the large price cuts such as extreme discounts of up …

14.8% increase in traded goods at Damietta Port in January
42% growth in number of exported containers

Transport Ministry seeks to move 25m tonnes of goods by railway by 2022
Minister of Transport Hisham Arafat said that the coming period will include the enactment of new legislation allowing investors to partner with the state on railway projects, and that the ministry is looking to transport 25m tonnes of goods by railway in 2022. “We in Egypt lost much time because of wars and delay in …

14% increase in volume of goods handled at Damietta Port in November
18% decrease in volume of exports due to decrease in exported fertilisers by 40%

Absence of registration system impedes export of Czech goods to Egypt: Czech trade director
Pegas Nonwovens is studying establishing a new production line in Egypt

Banque Misr finances import of basic, non-basic goods by $1.37bn since flotation: chairperson
Amount of collected US dollars amounted to $850m from clients, while new savings certificates attracted EGP 71bn, says El-Etreby

Dr.WEEE: Egypt’s latest vision for e-waste management
Maybe it’s broken and cannot be fixed. Maybe it costs more to maintain than to replace. Or maybe it’s just old and you have bought a newer model. Either way, what do you do with electrical and electronic goods once you decide to get rid of them? Here comes Dr. WEEE, a company specialised in …

Al-Shaab Yaamor: an initiative for company marketing
The escalating price hikes are a hot debate in Egypt; citizens are expressing their frustration and worry following the successive price increases across all goods and commodities, especially food commodities, fruits, vegetables, and other durable goods. In light of the price hikes, Egyptian TV presenter Amr Adib proposed an initiative for companies to reduce their …

Army spokesperson announces arrival of first baby formula shipment
The armed forces contracted with a French company to provide affordable subsidised baby formula, says army spokesperson

Armed Forces is countering ‘greedy’ traders, companies producing baby formula: spokesperson
Price hikes, reports of shortage of certain goods on the rise as army vows to intervene to provide basic goods for “ordinary citizens”

VAT revenues to register EGP 18bn, exempting 57 services and goods
Parliament voted on the value-added tax (VAT) draft law for the second day in a row on Monday. Yasser Omar, head of the parliament’s Planning and Budget Committee, noted that voting takes place on each of the 74 articles of the bill separately. A prominent member of parliament, who requested to remain anonymous, said that …

CBE sells $120m to banks to release imported intermediate goods stuck in customs
El-Menilawy added that the CBE on Tuesday morning had asked the departments responsible for issuing letters of credit in banks to submit reports of the requests of customers whose intermediate goods are stuck in customs.

Air transport agents expect major losses after banning transport of goods on passenger aircrafts
Over 157 air transport companies work in Egypt, where their business declined by 40% since 2011 to EGP 2.5bn

Tariff adjustments to be imposed on all imported goods, except iron: Industry minister
The Ministry of Industry and Foreign Trade targets 9% of industrial growth, says Abdel Nour

IDF seizes Gaza Freedom Flotilla
Flotilla is second such attempt to break the blockade on Gaza

Chinese ‘antiquities’ scattered in Egyptian bazaars
Many tourist bazaars were closed, abandoned by tenants or turned into cafes, says Hussein Al-Gabry

EGP 1.7bn cash repayments for goods, bread supply systems: Finance minister
EGP 341m to supply gas to homes, EGP 371m for Radio and Television Union, drinking water, textiles

Egypt opens Rafah border crossing to admit Palestinians into Gaza
Egypt has closed the border crossing for a month, after deadly attacks in the Sinai Peninsula claimed the lives of 30 Egyptian security personnel

Border security is a ‘sacred mission’: Defence minister
More arrested as security campaign in Sinai continues

Rafah border crossing open for three days
The decision comes as many inside the strip are unable to gain access to medical care

More underground tunnels beneath Egypt-Gaza border destroyed
Action comes as part of ongoing crackdown on the illegal tunneling activity

World Bank blames occupation for suffering Palestinian economy
PA faces multimillion dollar budget gap