Import Export News
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Egypt eyes $15 billion finance package from China
Part of the package is expected to be invested in the infrastructure of Egypt's planned new administrative capital.
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Egypt’s net invested capital rises to 11.4% in FY2014/2015
Regarding the financial investments value, the report stated that it rose to 534.2 billion EGP in FY2014/2015 recording an increase of 15.5 percent.
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China Reinsurance Market is Expected to Reach Over USD 198 Billion in 2018
China reinsurance market was valued at around USD 35.0 billion in 2013 and is expected to reach at approximately USD 198 billion by 2020.
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Egypt eyes improvement on €4.4b trade with Germany
Some 935 German or partially German companies have invested about 2.5 billion in Egypt recently.
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Egypt to impose import rules to shore up reserves
Authorities have the right to exempt factories from some or all the registration requirements.
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Payment snag delays French wheat cargoes for Egypt
The shipments are part of tender purchases made by Egypt's state grain buyer GASC.
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Saudi-Egyptian business council talks kick off in Riyadh Monday
Since the 2013 ouster of Muslim Brotherhood president Mohamed Morsi, Saudi Arabia has been one of Egypt's main financial backers.
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Egypt's economy in numbers 2015, an Infographic
A weakened stock exchange,battered tourism sector, falling Suez Canal revenues, inflation, declining EGP and other challenges marked 2015 economy.
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Sawiris dominates Egypt’s financial sector in 2015
By December, Orascom presented an acquisition offer to CIB's CI Capital.
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Trade exchange between Sudan and Egypt rises to $1 billion
Economic cooperation set to increase in near future.
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Cabinet to consult with presidency to hold global economic conference next May
The issuance of dollar bonds is postponed indefinitely and other alternatives are under discussion, such as subtracting from revenues of Beit al-Watan
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Egypt’s Sisi stresses “economic integration” ahead of GERD meeting
Egypt’s President Abdel Fatah al-Sisi met with Irrigation and Foreign Ministers ahead of the six-party meeting in Khartoum 27-28 Dec.
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Lulu Group Marks Market Entry
The Lulu Group plans to invest $300m over the next two years to open 10 stores in the country.
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Egypt economy year in review: far from smooth sailing despite new canal
The search for dollars was the theme that dominated the entire year.
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Egypt economy year in review: far from smooth sailing despite new canal
The search for dollars was the theme that dominated the entire year.
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Egypt’s economy took turn for the worse in recent months
Slow implementation of new projects and structural reforms will restrict Egypt’s economic growth, says Focus Economic report.
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Egypt's trade deficit registered 22% decline year-on-year in Sept
Imports mainly wheat by 23 percent, driving down the country’s trade deficit to register LE 29.5bn compared to LE 38bn same month last year.
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UAE, Egypt stress streamlining economy for sustainable development
The two sides tackled ways to apply the economic recovery plan in Egypt and focused on the role of the private sector in the creation of new jobs.
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Egypt-Malaysia Palm Oil Trade Indicates Promising Market Growth
During the first quarter of 2012, Egyptian-Malaysian bilateral trade amounted to $US 628 million, marking an approximate 50 percent increase.
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Egypt-Saudi Arabia trade exchange hits $3.7 bn in 8 months
The most exported items from Egypt include household appliances, cables, wires, furniture, organs, onions and cheese.