Import Export News
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Egypt’s non-petroleum exports up by 0.52 percent in October
Egyptian non-petroleum exports have increased in October to $1.42 billion compared to $1.41 in the same month of 2014, which is an increase of 0.52%.
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Turkish Business delegation visits Egypt
The delegation held talks with the Chairman Ahmed al-Wakil and officials from FEDCOC regarding the trade relations between the two countries.
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Egypt’s annual inflation rate inched up to 6.26 percent in October
Inflation soared in Egypt last summer after the government cut energy subsidies by 40 billion EGP.
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Can Egypt Do Business like the UAE?
ECES builds on the "Doing Business" report and examines the possible scenario if Egypt does business better.
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Emirates chief says Egypt remains important market
Russia says its considering supplying air defence systems to Egypt.
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322 ships transited Suez Canal last week, with a decline of 5.3%
Average load per ship reached 56,566 tonnes, compared to 55,200 tonnes during the period of comparison.
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Egypt's non-oil private activity contracted in October,PMI hits 8-month low
Egypt's main stock index inched down by 0.02 percent to close at 7,433 points on Tuesday after rising early in the trading session.
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Doing Business 2016: Egypt drops 19 ranks
Despite the drop Egypt is designating as the country with the most outstanding improvements in the MENA region.
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Egypt's wealthiest man Sawiris raises stake in Adidas, becomes largest investor
Nassef Sawiris remains Egypt's richest person with a net worth of $6.7 billion, according to the 2014 Forbes list.
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Egypt Business Barometer
ECES released the 38th Business Barometer report offering comprehensive information about the state of economic activities in Egypt.
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Doing Business 2016: Measuring regulatory quality and efficiency
The World Bank issues its 13th edition of the Doing Business report. Egypt dropped 19 spots in the report but was the best performing in MENA.
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Egypt to host 2nd Lebanese-Egyptian Business Forum
The forum is meant to promote trade and investment between the two countries.
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Egypt Slides in Overall Ranking of Annual Doing Business 2016 Report
The country's overall ranking out of 189 countries fell to 131, losing five positions compared to last year.
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Economists divided on Central Bank of Egypt's next interest rate decision
Five economists talked to by Ahram Online differ on the CBE's next step regarding its key policy interest rate.
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Egypt's economic woes persist beyond monetary measures
Despite that Egypt's official reserves stand at around $16 bn, little is owned by the government, pointing to the depth of ongoing economic problems.
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Egypt's trade deficit rises 39% to $4.4bn in July
Egyptian factories also slowed down production with some plants completely halted due to energy shortages as Egypt has become a net oil importer.
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Egypt's Suez Canal revenues fall in September
Economists and shippers said increased traffic and revenues the government promised would require acceleration in global trade that seems unlikely.
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Egypt's Sisi on maiden India visit this week
He will discuss boosting economic cooperation between the two countries and increasing investment in Egypt especially in the new Suez Canal project.
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Application of sustainability enables Egypt’s economy to attract $20bn
Omran says conference is not luxury but rather means to think outside the box, since waiting for market challenges to end is not an option.
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Egypt begins feasibility study of Nile Basin countries’ navigation lane
The cost of the project is expected to exceed $10 billion. It is scheduled to be partially operational by 2017.