Tag: imports

NBE provides $800m for imports following pound flotation

Fluctuations in the US dollar exchange rate are normal initially and will…

Daily News Egypt Daily News Egypt

Banking sector secures financing to import $2.5bn worth of food commodities, medicine: CBE

$1.5bn allocated to import intermediate goods and raw materials for production; $414.6m…

Hossam Mounir Hossam Mounir

US dollar exchange rate at customs confuses car imports

20-30% anticipated price increase; I demand that customs fix the dollar price…

Ahmed Amer Ahmed Amer

Egypt aims to boost exports to $30bn, decrease imports to EGP 54bn

Exports have increased by $1bn since January, while imports declined by $7bn

Mohamed Ayyad Mohamed Ayyad

Egyptian Automotive Dealers Association halts imports for November

The Egyptian Automotive Dealers Association held a meeting for leading car importers…

Ahmed Dawoud Ahmed Dawoud

Pound’s flotation without imports will significantly increase car prices: El-Goukh

Ahmed El-Goukh, the showrooms manager at El-Ezz Motors, said that the decision…

Daily News Egypt Daily News Egypt

$7bn decrease in Egypt’s imports over 9-month period: Trade and Industry Ministry

Exports on the other hand increased by $1bn over nine months, says…

Shaimaa Al-Aees Shaimaa Al-Aees

Juhayna reports 34% decline in Q3 net profits, despite increased sales

Higher costs due to the dollar shortage is the reason behind the…

Mohamed Samir Mohamed Samir

CBE allocates $1.8bn to cover imports of strategic goods: Supply Minister

Establishment of a committee to set new eligibility standards for food subsidy…

Mohamed Samir Mohamed Samir