Trade News
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Trade exchange bet. Egypt, China to increase by 24% in 2020
In 2019, the volume of trade exchange between Egypt and China recorded $11 billion.
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Egypt's agricultural exports hit 5.4 mln tons in 2019
The exports are up by 203,000 tons compared to the same period of 2018.
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Egypt gets lowest offer for soyaoil
GASC received the lowest offer of 12,880 Egyptian pounds for 6,000 tonnes of soyaoil at a tender for local vegetable oils.
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Chinese business delegation keen to invest in Egypt's industrial sector
Cooperation agreement signed between Egyptian and Chinese business associations.
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Egypt, Italy sign of 9 MoUs to enhance cooperation
The Ministry of Supply and Internal Trade said the agreements include the establishment of an integrated Italian trade and logistics entity in Egypt.
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Challenges to economic growth in Egypt
'Towards an Economy for All' conference organized by the Alternative Policy Solution Research Project held at the American University in Cairo.
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Vietnam, Egypt look to strengthen trade, investment connectivity
Ambassador Tran Thanh Cong recalled Vietnam’s social and economic achievement recorded over the past 30 years, highlighting that bilateral cooperation
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Egyptian businessmen mull enhancing trade exchange with Greece
They also mulled establishing an Egyptian-Greek chamber of commerce to enhance trade exchange between the two countries.
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Egypt, Nile basin trade increased by 25.4% in 2018
Sudan ranked first in terms of exports, with a value of dlrs 399.3 million in 2018, representing 33.3 percent of the total trade volume.
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Egypt, Oman inaugurates joint business council
During the ceremony, some topics were discussed including the possibility of linking the ports of Oman's Sohar and Egypt's Suez.
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UAE, Egypt to set up $20bn joint investment platform
The investment platform will be run through Egypt’s newly established sovereign wealth fund and Abu Dhabi Development Holding.
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Egypt’s MPA signs MoU with US’ Hyundai Technology
The American company will train Egyptian military production companies’ engineers and workers in the manufacturing of computer products.
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Egypt launches Ain Sokhna-Mombasa shipping line
The line will offer a full range of transport and logistics services to global traders working with East African countries.
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Egypt Ranks 114 in Doing Business 2020
Egypt climbed up 6 spots to rank at 114th place among 190 economies in ease of doing business. Download the full report here.
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Giza governor, NCW chief open market for street vendors
Souq Zenein Al-Hadary, translated as Civilized Zenein Market, includes 116 properly prepared places for street vendors.
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Addis Ababa does not respect Egyptian water concerns
Egypt is the world’s aridest country, suffers from 90% gap water resources, says Irrigation Minister.
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Egypt's agricultural exports to China up in 8 months
Egyptian exports of grapes to the Chinese market in that period reached 3.3 million dollars compared to 1.2 million dollars.
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Egypt's trade deficit declines by 18.9 percent in June
CAPMAS said that exports decreased by 5.7 percent to reach $2.22 billion in June 2019, compared to $2.35 billion during the same month of 2018.
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Egypt's tax authority denies 30% increase in car taxes
Egypt’s vehicle sales dropped by 5.2 per cent year-on-year in February to reach 10,857 vehicles, down from 11,454 vehicles last year.
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Trade Exchange Between Egypt, US Hits $5.3 Billion in 7 Months
The Egyptian petroleum exports to the US increased to $662.9 million from January to July.