Import Export News
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Egypt's participation in G20 to boost its ailing economy
Egypt will benefit from China's invitation as it will have a great chance to make some economic deals with the world's biggest economies.
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Egypt sees opening to become largest African economy
Though the top three seem to be in a constant back and forth, Egypt’s future growth prospects put it in a better position than the current one.
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India-Egypt trade exchange hit $3.6bn in 2015
In 2015, Egyptian exports to India registered around US$1.5 billion while Indian imports to Egypt were estimated at around US$2.1 billion.
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Egypt non-oil business activity slows for 10th month in July
Emirates NBD Egypt Purchasing Managers Index (PMI) for the non-oil private sector was 48.9 points in July from June's 47.5 points, still below 50 mark
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Tough measures to fix Egypt's economy
Egyptian President Abdel Fattah al-Sisi warned Egyptians on Monday that tough measures would be needed to turn the country’s ailing economy around.
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When it comes to Egypt's economy...Honesty is the best policy
"What investors need above all is a clear understanding of the policies and programs the government intends to implement"
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Egypt, Philippines to establish business council by end of 2016
Egypt can be the Philippines’ gateway to Africa.
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South Africa Reclaims Position as Africa’s Second-Largest Economy, Edging Out Egypt
South Africa has regained its position as Africa’s second-largest economy after Nigeria, edging out Egypt, Bloomberg reported.
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Russian industrial zone in Egypt will be launched in late 2018
The companies involved in preparing the presentation assume that a total of $4.596 bln may be invested in the construction of the whole infrastructure
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Egypt non-oil business activity slows for ninth straight month
The Emirates NBD Egypt Purchasing Managers Index (PMI) for the non-oil private sector recorded 47.5 points in June.
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Are Egypt’s economic reforms enough to solve the informal economy problem?
Egypt’s informal economy has grown as a result of dysfunctions in the formal economy, which lacks dynamism, flexibility, and resilience.
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Egypt’s economy needs 20 years to recover
Bureaucracy and corruption are the main factors behind receding investment, says the former head of the Egyptian Businessmen’s Association.
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A year after the Tripartite Agreement
Dr. Sherif Fahmy writes about the biggest trade block agreement in Africa and its importance to the region's trade.
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Egypt becomes world’s fourth-biggest weapons importer
Egypt spent almost $2.3 billion in 2015 on weapons,rising from $1 billion before 2013.
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Social Solidarity Ministry, Majid Al Futtaim sign cooperation protocol
The protocol supports the goals and vision of both the ministry and the company to create great moments for everyone, according to the agreement.
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Global Womens Headbands Production, Supply, Sales and Demand 2016 Market Research Report
Market Research Store added a new market research report on Global Womens Headbands Market 2016.
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$53m decrease in value of gold listed in foreign exchange reserves in May
The CBE announced on Wednesday that its foreign exchange reserves increased by 510m in May, registering 17.520bn, compared to 17.010bn in April.
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Fitch affirms Egypt rating at 'B' with stable outlook
Fitch expects general government debt to grow to 90.5 percent of GDP in FY17, on the assumption that the pound will continue to weaken.
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Why is Egypt the 2nd largest economy in Africa?
Economists argue it's because the South African economy is not doing so well.
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Ratings agency revises Egypt outlook to negative
The global ratings agency, at the same time, kept Egypt's long- and short-term foreign and local currency sovereign credit rating unchanged at B-/B.