Import Export News
-
Strengthening Saudi-Egypt ties reflected in increased exports
Italy was the second top recipient of Egyptian exports, while Turkey and the US placed third and fourth, respectively.
-
Egypt faces food imports as population increases, water grows scarce
Efforts to make the most of precious farmland have been hampered by decades of urban sprawl, accelerated by Mubarak's ouster in 2011.
-
Egypt and Italy agree to swap $45 million in debt for food silos
The project aims to reduce the cost of transportation and waste in fruits and vegetables to ultimately provide them at lower prices to consumers.
-
Cost efficiency gives Egypt an edge in Chinese orange market
Egyptian oranges are known globally for their high quality, but even so, they are still offered at a reasonable price.
-
Lantern prices increase 20%, Chinese products infiltrate market
Ramadan lantern prices increased this Ramadan over last year due to a price increase in raw materials and exchange rate.
-
Israel's Leviathan Gas Field Partners set for talks to supply BG in Egypt
The letter sets out terms of a final accord, including the sale of 7 billion cubic meters of gas a year for 15 years at a price to be determined.
-
Egypt's EGAS expects delay in gas import terminal -source
Egypt can export LNG but cannot import it without installing the terminal.
-
Veronafiere creates African construction hub in Cairo
Veronafiere is betting on Cairo to create a trade fair hub for the construction industry aimed at the entire African continent, named Projex Africa.
-
Egypt extends purchases to buy 4 mln t local wheat -MENA
The Supplies Ministry said last week that Egypt had bought 3.7 million tonnes of domestic wheat this year.
-
Algeria, Egypt's Sisi talk security, gas shipments
The offer of five 145,000-cubic-metre cargoes was made after a visit by Egyptian President Abdel Fattah al-Sisi to Algiers.
-
Egypt taking oil shipments for June needs despite free Gulf fuel-official
Energy prices in Egypt are among the cheapest in the world, with subsidies eating up a fifth of state spending.
-
Egypt GASC seeks wheat for Aug 1-10 shipment
Tenders should reach GASC by noon local time (1000 GMT) on Saturday and the results should come out after 3:30 p.m. on the same day.
-
Egypt seeks more cotton imports from African countries
Exports have dropped to 17,028 tonnes since the beginning of the marketing season of the cash crop in September 2013, a drop of 45.3 percent.
-
Egypt's natural gas exports fell 81% Y-o-Y in April: Report
Natural gas production also down by 14 percent from same period last year, as government looks to improved year in fiscal year starting in July.
-
EU, Egypt discuss fostering economic relations
The European Union adviser for economy and trade said that the transitional phase in Egypt did not affect economic relations with the EU.
-
Wheat market decline cuts prices at Egypt tender
Egypt's GASC grain authority at tender bought 180,000 tonnes of Romanian and Russian wheat, for an average of $262.15 a tonne including freight.
-
Egyptian non-petroleum exports rise for first time in 2014: Industry ministry
Egyptian exports grow by 3% in May after continuous monthly decline since the beginning of 2014.
-
Egypt wants to be 'global hub' for grain storage
Egypt's government is striving to boost self sufficiency and cut its 32 billion Egyptian pound ($4.48 billion) food import bill.
-
Arab Customs Union to be established by 2015: Arab League
“The establishment of the Arab Customs Union was waiting for a political decision to be implemented,” Tuwaijri said.
-
Egypt trade deficit falls for seventh straight month
Report by state statistics body shows the decline in the trade deficit was driven by a drastic fall in imports.