Trade News
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First Gulf-Egyptian Business Forum concludes with 11 recommendations
The forum concluded with several recommendations aimed at enhancing economic, trade, and investment cooperation.
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Trade Between Saudi Arabia & Egypt Hit USD 20.4 Billion in 2022
This marks a 40% increase compared to trade between Saudi Arabia and Egypt in 2021.
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Saudi Arabia seeks to increase trade with Egypt to $100 bln
Saudi Arabia is seeking to increase mutual trade with Egypt to $100 billion, said Second Vice Chairman of the Federation of Saudi Chambers.
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Egypt's International Cooperation Minister participates in G20-Africa Summits
International Cooperation Minister Rania Al-Mashat joined on Tuesday the G20 Compact with Africa (CwA) summit hosted by Germany.
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Egypt, Qatar to boost cooperation over governance and sustainable development
Qatar recently announced that it will invest around $1.5 billion into Egypt’s industrial sector in 2024.
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Egypt unveils specifics of 30% stake sale in Eastern Company
Egypt's Ministry of Public Enterprises revealed on Sunday details of the sale of a 30 percent stake in the state-owned Eastern Company to Emirati firm
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Egypt and Belgium Company Sign MoU to Evaluate Exporting Renewable Energy to Europe
The core of the project involves the installation of a subsea cable with a minimum capacity of two gigawatts.
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Egypt pushes privatization, sells tobacco company stake to UAE buyer
The Egyptian government agreed last year to privatize state assets, boost exports and increase foreign direct investment.
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Soaring tobacco prices to ease soon, says CEO of Egypt’s largest producer
Soaring prices of tobacco products in Egypt are expected to ease soon following the latest measures taken by the country to control the local market.
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Egypt, Switzerland boost investment opportunities
This presentation took place on the sidelines of the African Intra-African Trade Fair (IATF2023) hosted by Egypt.
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Philip Morris hikes price of tobacco products in Egypt by 15-20%
Philip Morris Misr on Monday increased the prices of its tobacco products by 15-20.5 percent.
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Egyptian exports to African countries to rise by 10 percent by end of 2023 to $5.5B
El-Gabaly stressed that Egypt plays an important role as a reliable gateway to Africa during the IATF 2023 event held in Cairo.
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Egypt mulls barter trade with other countries
The matter is currently being studied, especially with the presence of the private sector in the market which makes things very different from before.
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Nile Basin Countries’ exports reach $1.7B in a 7.3% increase: CAPMAS
CBE report revealed that international trade during the financial year 2022/2023 reached $110.407 billion.
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Franchising in Egypt: Navigating the Legal Terrain for International Brands
Egypt, distinguished by its unique blend of historical depth and modern evolution, has progressively emerged as an attractive landscape for franchise.
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Abou El-Enein: Establishing Africa50 Company "Opportunity to Boost Cooperation with Continent
Abou El-Enein stressed the need to maximize benefit from specialized studies on developing new projects related to the African continent.
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Finance Ministry, AWIU partner to enhance Arab-African investments
Egypt, under this agreement, will actively encourage investors to establish joint projects in sectors that are of national importance.
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Egypt approves building new private free zone in Ain Sokhna
Egypt has approved the construction of a new private free zone in Ain Sokhna to produce feldspar and silica-free bio-quartz and lapitec panels.
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Egyptian Customs Authority aims to activate system enhancing continental free trade movement
The Egyptian Customs Authority (ETA) focuses on activating a system that facilitates the movement of continental free trade.
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Egypt “exporting center” for African countries: Nissan
This came during the events of the African Automotive Forum, held on the sidelines of the Intra-African Trade Fair hosted by Egypt.