Turkish companies to invest in Egypt amid trade minister’s visit

Sun, 06 Aug 2023 - 03:17 GMT

Turkish companies Vestel and Zorlu will carry out a visit to Egypt soon to discuss plans to build a home appliances factory with investments exceeding $70 million

Egypt looks to boost electrical industry exports by no less than 15% by 2024

Tue, 18 Jul 2023 - 12:55 GMT

The sector’s exports surged by 47.5 percent, to record around $158 million during the first 5 months of 2023, the EEC chairperson explained, compared to $107 million in the same period last year

SCZone reveals significant growth in vessels and goods passing through southern ports

Sun, 16 Jul 2023 - 01:16 GMT

Egypt’s Ain Sokhna and Al Adabiya ports recorded significant activity during the final quarter of FY2022/2023, revealed new data by the Suez Canal Economic Zone (SCZone)

Egypt’s trade deficit surges to $2.33 billion, driven by decline in gas exports: CAPMAS

Wed, 05 Jul 2023 - 01:15 GMT

A steep decline in exports of natural and liquefied gas was a main contributor, plummeting by 75.6 percent

Egypt releases $32 billion worth of goods from customs in the past 5 months

Sun, 02 Jul 2023 - 01:44 GMT

The release of goods prioritized essential commodities, food manufacturing ingredients, medicines, and production supplies, ensuring uninterrupted Egyptian production

Egypt's exports to Africa drop by 5% in Q1 of 2023, imports rise by 3%

Tue, 27 Jun 2023 - 02:24 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) indicated the figures in a report Tuesday.

Egypt’s manufacturing and extractive industries index declines to 99.33, CAPMAS

Sun, 25 Jun 2023 - 02:14 GMT

The statistics agency also reported a jump of 8.11 percent in the production of transport equipment to 128.60 in April 2023 from 118.95 in March during the same year

Petroleum minister chairs high committee for monitoring petroleum product trading, distribution

Sun, 25 Jun 2023 - 12:31 GMT

The PetrolMin also underlined the committee's purpose of closely monitoring the flow of petroleum products distribution and trade

Egypt-India trade surges to $6 billion in 2022, reflecting 13.7% increase

Sat, 24 Jun 2023 - 04:39 GMT

The value of Egyptian imports from India amounted to $4.1 billion in 2022.

Egyptian president, Iraqi PM hold talks on security, economic cooperation

Tue, 13 Jun 2023 - 02:22 GMT

President Abdel Fatah al-Sisi received Tuesday at Al Itihadiyah Presidential Palace Iraqi Prime Minister Mohamed Shia' Al Sudani.

Egypt reportedly aims to increase oil exports by 15% in 2023

Sun, 11 Jun 2023 - 04:21 GMT

According to the document, Egypt's oil exports reached $18.2 billion in 2022, a significant rise from $12.9 billion in 2021

Exports of raw materials jumped 73.2% to $5.23b in 2022, CAPMAS

Sun, 11 Jun 2023 - 02:07 GMT

The country’s imports of raw materials increased by 6.2 percent to hit $12.5 billion last year, the statistics agency explained

Trade exchange between Egypt, Argentine exceed $2B

Thu, 08 Jun 2023 - 02:26 GMT

Assistant to the Minister of Foreign Affairs for American Affairs Ambassador Hazem Fahmy made the statement at the 2023 meetings of the Argentine Trade Mission to Egypt.

Egypt, Serbia hold new round of political consultations, discuss boosting trade exchange

Thu, 08 Jun 2023 - 11:59 GMT

The Ministry of Foreign Affairs hosted Monday a new round of political consultations with Serbia as both sides discussed bolstering existing political, economic, and cultural cooperation.

Egypt exported 3.4 billion worth of goods to COMESA countries in 2022, CAPMAS

Thu, 08 Jun 2023 - 11:57 GMT

Trade overall between Egypt and COMESA jumped to $5.3 billion in 2022, up by 20.4 percent compared to 2021’s recorded $4.4 billion

TradeMin, Eskafi discuss investments for local leather and gelatin production

Wed, 31 May 2023 - 03:43 GMT

During the meeting, Samir highlighted the state's dedication to elevating the leather industry and positioning Egypt as a strategic center for leather production at the local, regional, and international levels

Trade exchange between Egypt, France grows by over 60% in 2022

Mon, 22 May 2023 - 11:48 GMT

Egyptian exports to France grew by 136 percent.

Egypt’s value of exports witness a $24B increase in 8 years: The Egyptian Cabinet

Mon, 08 May 2023 - 04:45 GMT

The Egyptian Cabinet’s Media Center published a report highlighting Egypt’s export figures and trade indicators.

Egyptian oil and gas exports drop 28.1% in first two months of 2023: CAPMAS

Sun, 07 May 2023 - 05:12 GMT

The value of natural and liquefied gas exports declined by 12.2 percent to $1.33 billion during the same period in 2023, compared to $1.52 billion in January and February 2022

Egypt’s building materials exports increase by 7.1 percent YoY in 2022, TradeMin

Sun, 07 May 2023 - 04:08 GMT

Exports of the building materials industry reached nearly $6.9 billion in 2022, up from $6.5 billion in 2021.