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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 …

Nihal Samir

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 …

Shaimaa Al-Aees

Industry Ministry increases local component ratio in car assembling to 46%

Minister of Trade and Industry Tarek Kabil issued a decision to regulate the system of determining the ratio of local components in the car industry and its feeding industries. The decision stipulated that local components in car manufacturing must not be less than 46%. The contributions of the assembling line in the local manufacturing of …

Ahmed Amer

21% increase in Egyptian exports to EU market: Kabil

Egyptian commodity exports to European Union (EU) countries increased significantly during 2017, at a value of about €8.1bn, compared to €6.7bn in 2016, an increase of 21%, according to a Friday press statement from Minister of Trade and Industry Tarek Kabil. Furthermore, the large increase in Egyptian exports to these markets contributed to the growth …

Nihal Samir

Egyptian-Portuguese Business Council to begin first meetings in March

New chairperson of the Egyptian-Portuguese Business Council (EPBC), Mohamed Abul-Enein, said that the council will start its first meetings in March, after a decision to form the council was recently issued by Minister of Trade and Industry Tarek Kabil. “The first EPBC meeting will be held in the presence of council members to share views about how …

Hagar Omran

Kabil participates in 10th UFM trade ministers meeting 

Minister of Trade and Industry Tarek Kabil announced in a press statement on Sunday that he will participate, after an eight-year Egyptian hiatus, in the 10th meeting of trade ministers of the Union for the Mediterranean (UFM) countries, which is being held in Brussels on Monday. The meeting aims to follow up and activate cooperation …

Daily News Egypt

$1.287bn of trade exchange between Egypt, EFTA countries in 2017

Saeed Abdallah, head of the trade agreements sector at the Ministry of Trade and Industry, announced on Friday that the trade exchange between Egypt and European Free Trade Association (EFTA) countries recorded $1.287bn in 2017. The EFTA is a regional trade organisation and free-trade area consisting of four European states: Iceland, Liechtenstein, Norway, and Switzerland. …

Daily News Egypt

102 Egyptian companies participated in Fruit Logistica: Kabil 

Minister of Trade and Industry Tarek Kabil announced on Wednesday, in a press release, that 102 Egyptian companies, some of the largest producers of vegetables and fruits, participated in the activities of the Fruit Logistica trade show. This came according to the latest report received by the minister from the Egyptian Commercial Office in Berlin on …

Daily News Egypt

Egypt to participate at CIIE, Dubai Expo 2020

Minister of Trade and Industry Tarek Kabil announced that the board of directors of the Export Development Authority has agreed for the authority to arrange for Egypt’s participation at the first China International Import Expo (CIIE), scheduled to be held next November. Moreover, they agreed for the Export Development Authority to also arrange Egyptian participation …

Daily News Egypt