Latest in Tag: Export Highlight

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Latest in Tag: Export


AGREEN aims to export 150,000 tonnes of oranges next season

Green Egypt for Agricultural Investment Co. (AGREEN) aims to boost the size of its exports of oranges by 18% in the coming season (2017/18), which lasts from November to May of the coming year. Head of marketing at the company, Hady Selim, said that they plan to increase exports to 150,000 tonnes of oranges by …

Basma Tharwat

Egypt aims to import LNG shipments in 2018

Egypt is planning to import between 100 and 108 cargoes of liquefied natural gas (LNG) this year while preparing to begin production at two gas fields. This step will help the country approach its self-sufficiency target. According to a reporter from Bloomberg familiar with the matter whom asked not to be identified, the LNG shipments …

Farida Ismail

Ministry of Industry creates export strategy to Africa for next 3 years

Minister of Industry and Trade Tarek Kabil announced that the ministry will complete the establishment of a new strategy that aims at increasing exports to Africa within the next three years. He added that the ministry cooperated with five export councils, namely the chemical and fertilisers, building industries, food, engineering, and medical councils, to create …

Hisham Salah

Needed: a new national export policy 

The Donald Trump administration aims to lower imports in order to rebalance, after decades of neglecting economic relationships around the world. Doing so should not only be done by applying the stick of import reductions, but also by having as its second major claw of strength and refinement the principal tool of export promotion. Exports …

Michael Czinkota

13.9% increase in value of Egyptian imports from East Asian countries in 2015

The Central Agency for Public Mobilization and Statistics (CAPMAS) recently issued its annual bulletin of trade exchange between Egypt and East Asian countries for 2015, including export and import statistics from Malaysia, China, India, Japan, Indonesia, Pakistan and South Korea The total value of imports from East Asian countries reached EGP 151.6bn in 2015 versus …

Hossam Mounir

How should the government pace its reforms after the IMF loan approval?

On 11 November, the executive board of the International Monetary Fund (IMF) approved a $12bn three-year extended fund facility for Egypt, in support of the government’s economic reform programme. Ever since negotiations with the IMF started, the government has implemented a number of economic reforms, including passing the civil service and value-added tax laws, floating …

Hisham Salah