Trade News
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46.3% increase in Egyptian exports to Romania during 10M 2022
The value of Egyptian imports from Romania amounted to $1bn during the first 10 months of 2022, compared to $750.5m during the same period in 2021.
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Egypt’s NTA, South Korea’s KAIST discuss bilateral cooperation
Executive Director of the National Training Academy of Egypt (NTA) Rascha Ragheb discussed with Korea Advanced Institute of Science and Technology.
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Egyptian-Hungarian committee for economic cooperation convenes in Budapest
The committee’s meeting was chaired by Egyptian International Cooperation Minister Rania el Mashat and Hungarian Minister of Foreign Affairs and Trade
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The evolution of Brazil-Egypt trade in recent years
In recent years, Egypt and Brazil have developed different trade possibilities in both directions. Especially through free trade agreement.
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Egypt purchases 535K tons of Russian wheat; shipments set to arrive in Feb., March
The wheat shipments are set to arrive in the second half of February and the first half of March, a brief statement by the ministry said.
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Egypt: ZEOT’s profits plunge 86.5% YoY in 6 months
Extracted Oils and Derivatives Company’s net profits after tax declined 86.5% year-on-year in the first half of fiscal year 2022/2023 to EGP.
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Egypt, Russia plan to increase share of settlements in national currencies
Shoukry also focused on the growth of trade turnover between Russia and Egypt, which roughly equaled $6 bln in 2022.
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Egypt’s Haggan Group seeks to export ten date containers
The Egyptian company has Brazil among its main export targets for 2023, according to an interview businessman Khaled El-Haggan gave to ANBA.
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Russia, Egypt sign contract for maintenance of Russian trains in Abu Zaabal
This is the biggest agreement of its sort in Egyptian history will see Russia build a sizable factory in the Abu Zaabal workshop area of Egypt.
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Irrigation min. lauds constructive cooperation with Germany
Irrigation Minister Hany Suweilam has stressed constructive cooperation between Egypt and Germany over the past years.
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Egypt's imports from US witnesses remarkable increase in 2022: CAPMAS
The data showed that the value of Egyptian imports from the United States of America recorded about $6 billion.
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Emigration minister, Kazakh ambassador discuss cooperation
Gendi welcomed cooperation with the Kazakh side to provide job opportunities for youth, according to a statement by her ministry.
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Blinken holds conversation with youth in AUC at the beginning of Egypt visit
As we’re looking at the partnership between the United States and Egypt, the strategic partnership that is of great consequence to the United States.
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Egypt’s strategic partnership with China: opportunities and implications
The partnership between Egypt and China also entails several implications for Egypt’s relations with the United States.
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Alexandria Container’s profit jumps 150.7% YoY in H1 FY 2022/23
The company recorded a net profit of EGP 1.8 billion in the July-December period of 2022, up from EGP 717.76 million in the year-ago period.
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Egyptian, Azerbaijani presidents discuss enhancing cooperation in energy, infrastructure, tourism
This is in addition to MoUs between the Egyptian Ministry of Trade and Industry and Azerbaijani Ministry of Economy.
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Egypt-India trade exchange reaches $4.1bln in 11M 2022
The value of Indian investments in Egypt amounted to $3.2bln in 52 projects: minister.
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Egypt receives 63,000 tons of Russian wheat at Safaga port
Safaga Port received on Saturday 63,000 tons of Russian wheat aboard the dry cargo ship PAREA, according to the Red Sea Port Authority.
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Brazil seeks to sell cotton to Egypt as market opens
Brazilian farmers aim to account for 20% of Egypt 's demand for cotton imports over the next two years.
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Egypt efforts to modernize aircraft inventory to drive defense expenditure at 3.9% through 2028
The US provides Egypt with $1.3 billion of military assistance annually to facilitate the transition from the outdated Soviet era equipment.