Trade News
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Trade exchange with Libya falls in wake of violence
Egyptian exporters exclude Libyan market from their plans and fear failure from Libyan side to fulfil contracts.
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Falling apart: Egyptian Libyan trade
Exporters have expressed fears that the violence which escalated recently in Libya will have negative effects on the export market.
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Egypt to buy 102,000 tons of diesel fuel in September
The General Authority for Supply Commodities plans to purchase 102,000 tons of diesel fuel to be delivered in September.
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Egypt tops the list of wheat importers from Russia in 2013/14: MENA
Egypt's imports recorded 19 percent of the total of Russia's wheat exports that amounted to 18.3 million tonnes.
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Sanitary measures imposed on Egypt have negative impact on export: ERF
Despite the World Trade Organization’s (WTO) efforts to reduce trade-weighted average tariff, non-tariff measures (NTMs) have constantly increased.
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EBRD pumps $20m into Egypt 'international Trade'
The European Bank for Reconstruction and Development (EBRD) has announced $20 million support towards boosting international trade in Egypt.
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Egypt's steel industry files anti-dumping claim against imports
Steelmakers have submitted a request for the government to re-introduce anti-dumping duties on imports of rebar and wire rod.
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Egypt imposes fees on stone exports, banning raw minerals
Decision intended to reduce exports of marble, granite, and sand and includes a ban on minerals Quartz, Talc, Manganese, and Feldspar.
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President, Italian FM Discuss Bilateral Relations
During the meeting, the Egyptian leader highlighted the strong ties binding the two countries.
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Egypt tries crude swaps to import crucial foreign oil
Egypt has been largely unable to buy crude oil in the international market for more than a year due to a domestic subsidy scheme.
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Egypt aims to boost wheat self-sufficiency
Wheat represented the largest single subsidy expenditure after fuel price support, which was unexpectedly cut at the start of July.
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Egypt issues tender to swap Qarun crude oil for Iraqi Basra Light
The tender specifies that the delivery will take place through storage-tank transfer at its oil hub Sidi Kerir on August 16.
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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.
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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.
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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.
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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.
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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.
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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.
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Egypt's EGAS expects delay in gas import terminal -source
Egypt can export LNG but cannot import it without installing the terminal.
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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.