Latest in Tag: import Highlight
Latest in Tag: import
Spinning and Weaving Co seeks to increase customs tariffs on imported yarn
MP Salah Issa will meet with Chairman of Misr Company for Spinning and Weaving Ahmed Mustafa Tuesday to follow up on the restructuring process and development of the company’s subsidiaries, Issa told Daily News Egypt. Issa, who heads the committee for temporary workers in the parliament, said: “The parliament will provide all the needed support …
Egyptian exports to Arab and Nile basin countries up in October
Imports from Nile basin countries declined from $107.2m to $29.42m year-on-year
5% expected growth in computer sales after exemption from import regulations
This decision will help companies boost their sales, particularly after they faced a decline last year, due to the lack of dollar availability.
CBE provides $400m to import fuel in Q1 of 2016
EGPC resorts to petroleum contracts with payment facilities to resolve dollar crisis, says official
CBE excludes computers and applications from import restrictions
Decision will contribute to increasing supply of computers and their accessories: Khalil
Egypt to import 3m barrels of crude oil per month from Kuwait, contract to end in September
Facility will be allowed for full payment within 30 days for an extra million barrels, says official
Afreximbank provides $500m to support Egyptian exports to African countries: Industry Minister
The current funding value may be increased to $ 1bn, says Afreximbank president
CBE pays 25% of credit facilitation for importers
The Central Bank of Egypt has repaid approximately 25% ($1bn) of the total credit facilitations granted by banks for importers in the past period, according to a banking official. The transaction was completed on Sunday, at a dollar rate of EGP 7.7401. The official said banks received an e-mail from the CBE on Sunday evening, stating …
Egypt freezes negotiations on gas imports from Israel
We support the government’s decision, says businessman Alaa Arafa
CBE to provide $4bn in hard currency for import contracts: FEI head
NBE and Banque Misr provided $800m in the past few days to release goods in ports, says El-Sewedy
Egypt able to provide necessary foreign exchange to import basic goods: PM
Government is committed to adjusting market to mechanisms of free market and provide dollars of strategic goods withheld at customs, says Ismail
10 specifications on imported cars to be applied by July
Some of the 10 specifications concern headlights, tyres, door locks, and speed metres, amongst other items.
CBE controls importers’ manipulations
Banks activate automated “Model 4” to determine real importing demands
700m cubic feet of gas to be imported daily from Cyprus by 2017: EGAS
Marine pipeline will be established to Aphrodite field within three years
Sugar prices remain stable after duties imposed on imported sugar: Mehleb
Import duties enforced to protect local industry from global price fluctuations says Prime Minister
Agreement between PBDAC and EHCSS to use bank’s land to store wheat: Cabinet
Agreement will change Egypt to an international logistics centre that collects, stores and trades grains, says report
Israel confirms negotiations continuing over Egypt’s supply gas
A petroleum ministry delegation visited London, and secretely met Noble and Delek representatives, says official
Review of indicative car prices law
Decisions are new beginning for re-structuring customs as a whole, says ECA
Petroleum ministry informed ahead of Israel gas negotiations: BG
Arafa held meeting with petroleum officials to discuss importing gas from Tel Aviv to Egyptian plants, official says
Customs confuses automobile market calculations
Pilot prices for European products rang between fact and fantasy, agents complain about excessive customs values
Economic restriction on Russia will not affect Egypt’s wheat imports: Gomaa
By Mohamed Abdel Monsef Egypt’s wheat imports were not affected by the US and EU economic restriction on Russia’s grain exports, according to Abdel-Salam Gomaa, President of the Agricultural Professions Syndicate. In statements to Daily News Egypt, he said the global production of wheat this year amounts to 775m tonnes. He added that the amount …
Marble and granite shine in international building trade fair in Cairo
Egypt is the tenth largest natural stone quarry producer in the world and the second largest exporter of marble blocks
Transportation minister inaugurates Egypt-Sudan Qustul Border Crossing
The inauguration of the Qustul Border Crossing represents a starting point for Egyptian products to begin entering the Sudanese market as well as the markets of other African countries, according to Minister of Industry and Trade Mounir Fakhry Abdel Nour. Sudan’s road network links the country to most other countries of eastern and central Africa, …
Sanitary measures imposed on Egypt have negative impact on export: ERF
Government should support firms to increase their quality and productivity in order to export
‘No shame’ in Egypt using Israeli gas through British oil Company, after state’s approval: Petroleum minister
Egyptian government struggles to contain discontent of BG Group, which had to stop supplying Egyptian gas for export because of fuel shortage
Trade ministry reviews import procedures to reduce smuggling
The Ministry of Commerce is targeting increased Egyptian non-petroleum exports during the coming period and is beginning a new programme to support exports at the start of July, according to Abdel Nour.
Ministerial decree to apply new standards on imported cars
Three-month deadline for importers of complete cars, one month for importers of spare parts to meet requirements
EGAS to offer limited international tender on gas for electricity imports
The tender will be awarded before the end of the year for the gas supply to begin in January 2015.
EGAS still awaiting $1bn from finance ministry to import gas for electricity: EGAS
EGAS has yet to sign with two oil companies to supply 12 shipments of LNG, due to the lack of necessary funds.
Shipping lines between Egypt and Jordan not sufficient: Commercial office
Ministry of Trade and Industry and Commercial Office in Amman intend to increase trade between Egypt and Jordan