Trade News
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Egypt, Oman sign MoU to bolster cooperation in petroleum, natural gas
The MoU included exchanging expertise and technologies in addition to cooperation and investment in manufacturing petroleum and natural gas.
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Egypt will not import rice in the current financial year
Ali Moselhy told Reuters local rice production was sufficient to last until then and there would be no need for further imports.
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Egypt's gold market: high prices low sales
Record gold prices have been affecting the local market even in high sales season, reports Ahmed Kotb.
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Egypt’s Suez Canal annual revenue rises to $5.9bn
Annual revenue from Egypt’s Suez Canal rose by $300 million to $5.9 billion.
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Egypt’s GASC seeks wheat for Sept. 5-15 shipment
In its most recent international wheat tender on July 23, GASC bought 300,000 tonnes of Romanian, Ukrainian and Russian wheat.
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Egypt, India trade exchange hits $ 1.4 bln during Q1 2019
Egypt's exports to India recorded a notable increase of 10 percent during the first four months of 2019.
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Car market in limbo in Egypt
Passenger car sales were down by 10 per cent during the period from January to May 2019, according to the July report of the AMIC.
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Egypt-Jordan trade balance jumps to $408.6 mln in 4 months
Orange, cheese, TV sets, chicken stock and frozen french fries topped the list of Egypt's exports.
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Investec acquires Spinneys Egypt
The launch of a home delivery service and the ongoing investment into a loyalty programme are also key initiatives.
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Egypt-Germany trade volume hits 4.5 bln euros in 2018
Egypt's exports to Germany increased by 10.6 percent, reaching 361.3 million euros, from January to March 2019.
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MIIC discusses boosting cooperation with Japan
Earlier on 30 May, Egypt and Japan signed a grant agreement of EGP 7.5m to support the Egyptian education reform project and Egyptian-Japanese schools
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3.7% growth in trade exchange with South Africa
Egypt's exports to South Africa have increased to 105.4 million dollars during 2018 compared with 98.7 million dollars in 2017.
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Egypt Tunisia trade exchange to hit $500m
Plans to form an industrial partnership between Egypt and Tunisia in some products, with the aim of exporting them to other countries.
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Egypt purchases 240,000 tons of Romanian, Ukrainian wheat
The quantities will be delivered from 20 May to 5 June.
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Egypt-US trade exchange, economic cooperation prospects versus challenges
Egypt's trade exchange with the United States rose to $7.54bn in 2018, according to latest US Census Bureau data a 34.16% increase compared to 2017.
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Egypt- Tunisian business delegation likely to meet Nasr, Nassar in April
The Tunisian business mission includes representatives from about 50 firms.
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Egypt launches Egyptian-Bulgarian business council
The size of trade between the two countries has reached over $1 billion, which makes Egypt Bulgaria's number one trade partner in ME and Africa.
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Egypt, Iraq PMs attend joint business forum
One of the most important tools of collaborative work agreed between the two countries will be the establishment of joint ventures.
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Egypt Ambassador to UK partakes in symposium on investment opportunities
The symposium was attended by British officials and representatives of several British companies interested in investing in Egypt.
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Trade exchange bet. Egypt, Japan hits $1.26B in 2018
Egypt’s imports from Japan included cars, tractors, machinery, electrical appliances, iron, steel, plastics and articles thereof.