Latest in Trade Highlight
Latest in Trade
18% increase in handled cargo at Damietta Port in March
A report issued by the Damietta Port Authority (DPA) showed that the number of docked ships at Damietta Port in March 2018 was rather steady compared to March 2017. The number of ships at the port in March 2018 reached 230, and the number increased by 27% compared to the same period in 2017. According …
Russian exports to Egypt amountes to $1.472bn, while Egyptian exports to Russia amountes to $192m: Aslanov
The Russian trade representative in Cairo, Nikolai Aslanov, announced that the trade exchange between Egypt and Russia hiked by 75% year-over-year in the first quarter of 2018, to reach $1.66bn by the end of March, according to the Middle East News Agency. Aslanov illustrated that the Russian exports to Egypt amounted to $1.472bn, while Egyptian …
Trade balance deficit at $3.4bn in March 2018: CAPMAS
Egypt’s oranges, garments, plastics exports, crude oil, wheat imports all up
Industry minister decrees amends to Industrial Registration Law’s executive regulations
Conditional industrial record guarantees seriousness of any industrial project, says minister
SCZone enjoys best investment incentives: Chinese economic counsellor
20 new members join Chinese Chamber of Commerce in Egypt this year
181.6 % increase in Egyptian cotton exports in Q2 2017/2018
The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly bulletin on cotton for the second quarter (December to February) of the agricultural season 2017/2018. The total amount of Egyptian cotton exports reached 379,700 kantars during that period, up from 134,800 kantars during the same period of the previous season, marking a large …
Trade exchange between Egypt, world at $42.86bn from July-December 2017: CBE
Imports at $30.8bn, exports score $12.05bn in last 6 months of 2017
FAO launches $2.3 programme to reduce losses of tomatoes, grapes: FAO representative
Organisation cooperated with Supply Ministry to reduce losses of imported wheat, says Gadain
Industry Ministry to inaugurate three plants with EGP 2.3bn Saudi-Egyptian investment
Egyptian components in television screens will reach 71%, says minister
Agreement between EG-Gate, DHL to support SMEs’ export logistics
In the framework of activating the national e-commerce strategy with the aim of establishing an integrated system to support the export logistics of micro, small, and medium enterprises, Egyptian Global Gate (EG-Gate), a company of Tahya Misr with contributions from the Ministries of Tourism, Aviation, and Communications, signed a memorandum of understanding with DHL to …
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 …
Business France encourages Egyptian firms’ participation at three trade exhibitions
Exhibitions are SIAL, SPACE, Sommet de l’Élevage
£1.858bn value of trade exchange between Egypt, Britain in 2017
Britain is one of most important investors in Egyptian market with total investments worth $5.6bn, says minister
Trade Ministry discusses establishing first Egyptian council for design, fashion
New council aims to implement long-term strategy to present Egyptian fashion week in 2020, says minister
Universal Transport Egypt to receive new wind energy equipment this year: managing director
Daily News Egypt sat down for an interview with the managing director of Universal Transport Egypt, Hisham El Dahshan, the transcript for which is below, lightly edited for clarity. Are you keen on participating in Breakbulk Europe this year? If so, what do you aim to achieve from participating? Universal Transport has been participating in …
Breakbulk Europe good opportunity to meet decision-makers, network: KML chairperson
Daily News Egypt sat down for an interview with the chairperson of Khedivial Marine Logistics (KML), Mohamed El Dahshan, the transcript for which is below, lightly edited for clarity: Are you keen on participating in Breakbulk Europe this year? If so, what do you aim to achieve from participating? Once again, we are participating with …
Suez Canal revenues record 13.4% increase in 5M 2018
Al-Sisi instructs Mamish to develop, strengthen SCA’s capacity
NOSCO plans to set up logistics centres at SCZone
Negotiations with local and foreign companies in the fields of electricity and petroleum
Khedivial Marine Logistics acquires AAL’s shipping agency in Egyptian ports
Khedivial Marine Logistics (KML) acquired on Wednesday the shipping agency Austral Asia Line (AAL)’s operations in all Egyptian ports. Mohamed Al-Dahshan, chairperson and founder of KML, said the new acquisition came as part of the company’s expansion plan. The company transports general and heavy cargo via 24 vessels from the Far East (India, China, Japan, …
$6.9bn trade exchange between Egypt, Eurasian Economic Community in 2017
Trade exchange between Egypt and the Eurasian Economic Community (EAEC) achieved an increase during 2017. The value of trade exchange between Egypt and the EAEC amounted to $6.9bn, with Egyptian imports at $6.9bn and Egyptian exports at $573m, according to Egyptian Minister of Trade and Industry Tarek Kabil. The EAEC includes Russia, Belarus, Kazakhstan, Armenia, …
Kabil heads Egyptian delegation at Egyptian-Russian joint committee meeting
Establishing Russian industrial zone in Egypt top priority on committee’s agenda
Sweden intends to double trade with Egypt in five years: ambassador
Egypt’s economic reform programme is going very well, says Thesleff
Egypt’s trade deficit narrows by 11% in 9M FY 2017/2018
Non-oil exports rose 12% in nine months of current FY, says planning minister
Egypt adopts three-point plan to develop exports: EDA chairperson
Egyptian exports should be directed to east, south, says El Kady
Egypt to participate in three major international trade fairs: EDA
FCCI will organise SMEs mission to France in October
3.5% increase in jetties capacity at Damietta Port in February
The capacityt of jetties at Damietta Port increased by 3.5% in February this year compared to February 2017, according to a report issued by the Damietta Port Authority (DPA). The capacity of jetties in Damietta Port increased from 199 ships in February 2017 to 206 ships in February 2018, according to the report. The volume …
$4.9bn in trade exchange between Egypt, UAE in 2017
The value of trade exchange between Egypt and the UAE in 2017 amounted to $4.9bn, versus $2.8bn in 2012. This came according to a report prepared by the department of trade policies and international organisations at the UAE’s Ministry of Economy, which was reported by the Emirates News Agency on Sunday. The report stated that …
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 …
Commodity trade between Egypt, Saudi Arabia at EGP 3bn in 2017
The total volume of commodity trade between Egypt and Saudi Arabia during 2017 amounted to about EGP 3bn, according to Egyptian Minister of Trade and Industry Tarek Kabil. Kabil noted that Saudi Arabia was among the largest Arab countries investing in the Egyptian market in 2017 with a total of $6.3bn invested in 4,274 projects where …