Trade News
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Egypt’s total trade with AU countries reached $9.2 billion
Egypt’s total trade with African Union countries reached $9.2 billion in 2023, marking a 5.7 per cent increase from the previous year’s $8.7 billion.
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Machinery tops Egypt's imports from G20 countries in 2024
The value of Egyptian imports from the G20 amounted to about $46.6 billion during the mentioned period, compared to $40.7 billion.
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Egypt's GAFI launches six new free zones
The new zones will be in El Alamein, 6th of October City, Borg El Arab, 10th of Ramadan City, in addition to 2 zones in the NAC and south Sinai.
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Volume of trade exchange bet. Egypt, Malaysia increases by 55%
Key exports include phosphate, fertilizers, agricultural goods, and iron, reflecting the strong and expanding trade relationship between the 2 nations
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Egypt increases cigarette prices
The value of the new increase ranges from LE 4.25 to five LE per pack according to the brand.
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Egypt prioritizes fostering coop. with fellow African countries
Egypt gives top priority to boosting cooperation with fellow African countries, Prime Minister Mostafa Madbouly said Tuesday.
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Egypt, Germany seek to boost bilateral cooperation
The meeting was held on the sidelines of the 12th World Urban Forum (WUF12), which kicked off here on November 4.
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DFDS starts first direct ferry route between Egypt and Italy
The inaugural voyage is set for November 29, 2024, with weekly departures planned from Damietta on Fridays and Trieste on Mondays.
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Amazon Egypt and Shark Tank Join Forces to Empower Local Entrepreneurs
Through this initiative with Shark Tank, Amazon will onboard the entrepreneurs as selling partners on Amazon.eg , providing a wider selection.
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FM holds cooperation talks with his Ugandan counterpart
Talks between both ministers took up a number of issues of mutual interest and promising areas of cooperation between the two countries.
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7 key facts about Egypt’s new YADA Egypt free zone
The Egyptian government is pushing forward with a series of initiatives to drive economic growth, including the establishment of a new free zone.
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Egypt signs MoU with DP World to explore development of 500-acre public free zone
This initiative aims to target key industries such as electronics, automotive, apparel, and footwear.
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Canada Egypt Business Council hosts diplomatic discussion on economic cooperation
They focused on attracting Canadian investments to Egypt and supporting Egyptian companies exporting to Canada.
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Egypt’s ACUD, UAE’s DP World collaborate to establish free Zone in New Administrative Capital
Technical and economic studies for the project will commence soon, paving the way for signing the final contract.
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Saudi Arabia tops list of BRICS states importing from Egypt
The value of Egyptian exports to the Kingdom amounted to about $2.2 billion, reported CAPMAS.
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Egypt’s Retail Sector Shows Growth Potential
Egypt’s retail sector is set to grow by 11 percent over the next four years, according to an October 27 report by the IDSC.
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Egypt approves $10 million citrus concentrate zone in Port Said to boost exports
The project, with a $10 million investment, is anticipated to create over 300 jobs and produce 2,500 tons annually in its initial phase.
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Why is Egypt establishing an economic zone for citrus concentrates?
This move aligns with Egypt’s broader strategy to boost its industrial and export sectors while leveraging local agricultural strengths.
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TV BRICS launches Arab news portal as Saudi, UAE, Egypt join group
The Arabic portal will feature international news, articles and interviews, as well as special projects to introduce the BRICS+ countries.
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President Sisi heads to Russia to participate in 16th BRICS Summit
This is the first time, Egypt participates in the BRICS Summit after it has officially joined the economic bloc in early 2024.