Import Export News
-
Egypt launches new labs affiliated to General Organization for Export and Import Control
Khatib inspected the quality control labs specialized in measuring pesticides, toxins, oils, additives, enzymes, and hormones in food products.
-
Egyptian exporters to receive EGP 3 bln of their arrears
The Ministry of Finance will cash approximately EGP 3 billion on Thursday 18 July as part of the government's support to exporters.
-
MSMEDA seeks to find export opportunities in Arab, African markets
Rahmi highlights the Authority’s ongoing efforts to involve clients in various exhibitions, both locally and internationally.
-
Egypt plans to increase exports, attract 30 million tourists
The government aims to increase the growth rate of exports by more than 15 percent annually.
-
Egypt plans to raise outsourcing exports to $9 bln by 2026
Egypt plans to expand outsourcing service exports to $9 billion by 2026, the cabinet said in a statement on Tuesday.
-
Egypt’s PM Mostafa Madbouly targets $100 billion exports by 2030
The meeting emphasized on several ways to make Egyptian products more competitive and increase their market share.
-
Egypt’s exports to the U.S. rise by 34.5 percent in Q1 2024
Egypt targets $191 billion by 2026 from merchandise exports, tourism and Suez Canal revenues.
-
Egypt merchandise exports up by 9.8% in first 5 months of 2024
Egypt’s non-oil exports from January to May 2024 reached $16.5 billion, up from $15.4 billion in the same period of 2023, marking a 9.8% increase.
-
Egyptian exports to U.S. grow by 34.5% in Q1 of 2024
Garments topped the list with $168.9 million achieving a 9.2-percent growth. Yet, the growth occurred the most in the exports of fruits and vegetables
-
EGP 5 bln disbursed for 360 exporters
360 export companies have received their overdue receivables under the seventh phase of the Immediate Cash Payment initiative.
-
Egypt's agricultural exports record 4.5M tons at $2.6B since Jan. 2024
The minister highlighted that the main exported crops are citrus (1,978,112 tons), potato (862,226), onion (96,2860), and green beans (82,333).
-
Egypt to disburse LE 5B to 360 exporting companies
Once the allocated funds for the Instant Cash Payment initiative are disbursed, this figure is expected to increase to LE 70 billion.
-
UAE emerges as leading investor in Egypt
Yahya Al-Wathiq Billah, the head of the agency, highlighted the significance of economic relations in fostering strong ties between Egypt and the UAE
-
23.2% decrease in trade deficit in March 2024: CAPMAS
The trade balance deficit reached $2.37bn during March 2024, compared to $3.09bn for the same month in the previous year.
-
Egyptian merchandise exports reach $13bn in first 4 months of 2024
Egyptian merchandise exports reached $12.91 billion during the first four months of 2024, reflecting an annual 10 percent increase.
-
Egyptian Exports to Arab Nations Reach USD 13.6 Billion
Saudi Arabia emerged as the top importer of Egyptian goods, with imports totaling USD 2.7 billion.
-
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.
-
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.
-
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.
-
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.