Trade News
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Global inflation raises Egypt’s import bill by $4 bln monthly
Egypt's import bill rose by $4 billion per month due to the rise in global prices, increased shipping costs, and exchange rate fluctuations.
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Korean Delegation to Meet with Egyptian Gov't, Chamber of Commerce for Economic Cooperation
The accompanying Korean delegation includes a group of Korean businessmen and CEOs of 19 companies operating in 11 fields.
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Egypt’s Customs Authority returns tariff on expatriate gold
The head of the Customs Authority Al-Shahat Ghatouri told Al-Masry Al-Youm We returned as it was before the exemption decision because it ended May 10
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Egypt, Armenia mull ways to cement bilateral coop.
Mehrabyan hailed good ties binding the two countries, voicing Armenia’s keenness to foster co-operation with Egypt.
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Egyptian-Turkish business relations in 2024: A new era of cooperation
After nearly a decade of strained relations, marked by political and ideological conflicts, both countries have made strides in rebuilding relations.
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Egypt, Greece to launch sea freight between ports of Alexandria, Volos
Egyptian Ambassador to Athens Omar Amer met with Greek Minister of Maritime Affairs Christos Stylianides to discuss cooperation on shipping.
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Egypt's industrial sector grows by 3.8% in FY 2022/2023: Trade Minister
Minister of Trade and Industry, Ahmed Samir said that the country's merchandise exports reached approximately $36 billion in 2023.
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Philip Morris Enters Egypt Market Following Disputed Tender
Under IMF pressure Egypt has loosened its hold on the tobacco industry, allowing private investors to make inroads.
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Egypt’s Princess Fawzia Farouk To Launch Jewellery Line
The collection featuring carefully crafted pieces by artisans is expected to be sold in the French Riviera and Monaco.
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Madbouly reviews proposed revisions to Economic Zones Law
Madbouly stressed on the necessity to update the law to reflect current global standards and to leverage Egypt’s economic capabilities.
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32nd session of Egyptian-Jordanian Joint Higher Committee kicks off in Cairo
The 32nd session of the Egyptian-Jordanian Joint Higher Committee kicked off in Cairo on Tuesday, the Ministry of International Cooperation announced.
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Egypt's exports of food products grow by 31% in Q1 of 2024
During the first 10 months of 2023, the total Egyptian agricultural exports reached $3.5 billion, compared to $2.8 billion in 2022.
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New corruption case in the Ministry of Supply and Internal Trade
The main defendant in the case gave instructions to disburse quantities of bran during this period, without a document.
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Egypt & Belarus Sign Memoranda to Boost Economic Cooperation
The annual trade exchange between Egypt and Belarus amounts to USD 95 million on average.
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Egypt seeks investment boost from South Korea across key sectors
Madbouly highlighted several sectors that Egpyt seeks to boost investment in, including electronics, oil and gas, nuclear energy, and iron and steel.
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Egypt, Belarus sign MoUs to promote bilateral trade, investments
Relevant authorities in Egypt and Belarus will exchange expertise to enhance the business climate and achieve the sustainable development goals.
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Value of trade exchange between Egypt, Kuwait is $3B per annum
Kuwait is the third largest Arab trade partner to Egypt after the United Arab Emirates and the Kingdom of Saudi Arabia.
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How Egypt’s 1Trolley became an all-in-one digitisation solution for retailers
Founded at the end of 2019, 1Trolley was initially a cross-category e-commerce aggregator platform, but it soon pivoted to become a B2B SaaS.
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Egypt and Turkey Plan for Trade Relations Strengthen in 2024
Egypt is currently Turkey’s top trading partner in Africa, and Turkey is one of the most important destinations for Egyptian exports.
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Egypt's Engineering exports record unprecedented high levels
The figures showed that the after Egyptian engineering exports recorded levels that are the highest in the history of Egyptian engineering exports.