Trade News
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Egypt, India reaffirm $12bn trade target during ministerial meeting
Minister of Investment and Foreign Trade Hassan El-Khatib emphasized Egypt’s commitment to attracting more Indian investments.
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Indian group to build cold storage facilities to boost Egypt exports
El-Khatib emphasized Egypt's commitment to attracting Indian investments by fostering a business-friendly environment.
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Egypt Introduces Fees on Producers to Reduce Single-Use Plastic Bags
A fee of 37.5 Egyptian pounds per kilogram of bags sold in the local market will be imposed starting June 3rd, 2025.
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The Egyptian Competition Authority issues its largest price fixing cartel decision and expands the scope of commercially
The Egyptian Competition Authority issues its largest price-fixing cartel decision, targeting 162 broiler chick producers.
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Suez Canal Authority, MSC discuss Red Sea stability, return to normal transit
The Suez Canal Authority and MSC Group discuss strategies to stabilize the Red Sea region and resume normal transit, addressing security concerns and
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Egypt to establish seven logistics corridors by 2030
Egypt plans to establish seven logistics corridors by 2030, aiming to enhance trade efficiency by connecting key production areas to major ports.
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MSMEDA issues 130,000 licences for small enterprises over past decade
As part of these efforts, MSMEDA has deployed 37 business regularization committees this month through its offices in various governorates.
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Egypt, UK trade reaches £4.7 Billion as Egypt strengthens economic growth
BII’s investment portfolio in Egypt amounts to approximately £547 million, spread across 64 companies.
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Nigerian Army looking to buy Egyptian armoured vehicles
Notably, the Buffalo armoured personnel carrier has already been delivered to Burkina Faso, proving its reliability in real-world conditions.
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Talabat fully acquires Instashop from parent company Delivery Hero for USD 32 mn
Talabat fully acquires Instashop from Delivery Hero for USD 32M, with Instashop continuing as an independent brand.
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Egypt's new grain buyer, run by the military, is pushing local prices up, traders claim
Egypt’s military-run grain buyer expands its influence in the local market, aiming to ensure stable food supplies amid global challenges.
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Egypt and EU agree 90 million euro deal to boost food security
Egypt and the European Union finalize a €90M agreement to enhance food security, strengthening bilateral cooperation amid global supply concerns.
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Chinese companies look to Egypt to support exports as US-China tariffs continue to rise
Ibrahim suggested that the steady flow of Chinese delegations to Egypt signals a shift in how Chinese companies view the country.
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Egypt trade deficit jumps by 13% in December to $4.1 bln
For the fourth consecutive month, Egypt's trade balance deficit jumped by 13 percent in December to $4.15 billion, up from $3.67 billion in December.
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Morocco and Egypt Boost Trade Relations with ‘Fast Track’ Agreement
Morocco and Egypt have signed a fast-track trade agreement to enhance economic cooperation, promote growth, and strengthen bilateral relations.
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Doing Business in the Arab World': A workshop exploring bilateral trade opportunities in Athens
The roundtable, moderated by Rashad Mabger, the chamber’s secretary-general, welcomed 88 business leaders from 67 Greek companies.
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Deputy PM, Italian Amb. discuss increasing cooperation in transport field
Egypt and Italy explore expanding cooperation in the transport sector, paving the way for mutual growth in trade, logistics, and infrastructure.
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Market Standard enters Egypt with EGP 30bn sales target for 2025
New market entrant in Egypt, Market Standard, sets an ambitious sales target of EGP 30bn for 2025, marking a strong push into the market’s trade scene
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47 Ships Rerouted to Egypt's Suez Canal this Month, Chairman Says
The Suez Canal, a vital global trade route, experiences rerouting of 47 ships in just one month.
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$96M volume of trade exchange bet. Egypt & Zambia in 2024
The trade exchange between Egypt and Zambia hits $96 million in 2024, fostering business ties and opportunities for growth in both economies.