Trade News
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Finance Ministry, AWIU partner to enhance Arab-African investments
Egypt, under this agreement, will actively encourage investors to establish joint projects in sectors that are of national importance.
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Egypt approves building new private free zone in Ain Sokhna
Egypt has approved the construction of a new private free zone in Ain Sokhna to produce feldspar and silica-free bio-quartz and lapitec panels.
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Egyptian Customs Authority aims to activate system enhancing continental free trade movement
The Egyptian Customs Authority (ETA) focuses on activating a system that facilitates the movement of continental free trade.
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Egypt “exporting center” for African countries: Nissan
This came during the events of the African Automotive Forum, held on the sidelines of the Intra-African Trade Fair hosted by Egypt.
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Lonely Planet names Egypt the best tourist destination for 2023
They also agreed to organize joint tourism programs to increase tourist traffic coming from a number of major tourism markets.
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Intra-African Trade Fair 2023 kicks off in Egypt
Egyptian Minister of Trade and Industry Ahmed Samir inaugurated the third Intra-African Trade Fair in Cairo which takes place between 9 and 15 Nov.
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Egypt shows commitment to intra-African trade development amid tariff reductions
This came during his opening speech at the activities of the Annual African Trade Summit, IATF2023.
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Top 10 retailers in Egypt
Egypt's retail market, set to grow from $200B in 2020 to $254B in 2025, thrives on apparel, food, and digital platforms, inviting foreign investors.
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Egypt, Turkey to sign free trade agreement: Finance Minister
Maait expressed Egypt's intention to attract more Turkish investments, particularly in the industrial sector.
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New increase in Egypt’s cigarette prices announced
The price of the Cleopatra Box (10 cigarettes) rose to LE20, compared to LE15 previously, while Cleopatra King Size cigarettes have risen to LE27.
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Egypt Explores Barter System for Kenya’s Tea Import Amid Dollar Shortage
Egypt, facing a shortage of dollars, is pursuing a barter arrangement to secure tea supplies from Kenya.
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Maait: 790 Turkish Companies Operate in Egypt with Investments of $2.5 Billion
The minister added that there are about 790 Turkish companies operating in our country with investments of $2.5 billion in several sectors.
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Egypt readies launch of new ECA
In recent weeks, Egypt’s legislature passed a bill enabling the creation of the Egyptian Export and Investment Guarantee Agency (EEIGA).
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Egypt’s Trade Volume with Other Countries Hits $110.4 Billion in FY2022/2023
Egypt's trade surged to $110.4 billion in FY2022/2023 with 14 countries leading the international trade, accounting for 61.1% of the total volume, translating to $67.469 billion.
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Trade minister, German-Arab Chamber of Industry examine future coop opportunities
Egypt's Trade Minister and German-Arab Chamber of Industry are exploring opportunities for economic cooperation.
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Egypt said to buy around 100,000 metric tons white sugar in tender
It was bought from Wakalex on behalf of ED&F Man and also from Savola Egypt at estimated $780 a metric tons CIF.
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Egypt's Exponential Rise in Exports to Saudi Arabia in 2023
Egypt's exports of melons to Saudi Arabia has doubled in just eight months of 2023, setting new records for the year.
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INTERVIEW: Egypt gateway to African, European, ME markets for trade, investment: Korea’s KOTRA’s director general
There are around 40 Korean companies are actively operating in the Egyptian market.
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Egypt raises local wheat procurement price to support Egyptian farmers
Egypt has increased its local wheat procurement price from LE 1500 to LE 1600 per ardeb, fostering supportive conditions for its farmers.
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Egypt’s PMI for non-oil activity drops in October to lowest level in 5 months
Egypt’s Purchasing Managers Index (PMI) for the non-oil private sector decreased in October to a five-month record low of 47.9 points.