Import Export News
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Egypt, Mexico to establish a joint business council
In 2017, the trade exchange between Egypt and Mexico reached $123.4 million, where Egyptian exports amounted to 71 million and imports $52 million.
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Russia’s trade with Egypt to be up from $6bln to $10bln in 2018
On May 10-12, Kazan is hosting the 10th International Economic Summit "Russia - Islamic World: KazanSummit," a major international economic event.
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Trade exchange between Egypt, Greece reaches €400M
Egypt’s most prominent imports from Greece, meanwhile, include fruits, wheat, plastic and oil, among others.
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Trade exchange between Egypt, Vietnam hits $377M in 2017
The volume of trade exchange between Egypt and Vietnam in 2017 rose to $377 million, compared to $266 million in 2016, which represents 41% increase.
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Trade Exchange between Egypt, France records $2.5B in 2016/17
Prevest expected further increase of the trade exchange between the two states in the current fiscal year 2017/2018.
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Egypt aims to import 7mn t of wheat in 2018-2019
Egypt harvests its own crop from April through July and has said it is looking to buy over 4 million tonnes from its farmers.
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Trade exchange between Egypt, China up by 91.1% in Feb
Chinese exports to Egypt increased by 76.9 percent to 828 million dollars, the customs administration said.
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Egypt seeks stronger economic relations with Russia
The year 2017 witnessed unprecedented trade volume between the two countries increasing by 62% compared to 2016.
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Egypt re-elected liaison for WTO African group
Egypt’s election to lead the African group at this time is a renewal of the trust Africa grants to Egypt. The African group comprises 43 WTO members.
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Egypt to establish free economic zone in Nuweiba
South Sinai governor Khaled Fouda revealed that the free zone covers 26 feddans at a total cost of $400 million, to be established in 2 years.
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Business delegations to be sent to Uganda, Tanzania in April
Enhancing relations with all African states comes on the top of Egypt’s priorities, President Abdel Fatah al-Sisi said.
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US approves Egypt’s economic reforms
AmCham’s 40th door-knock mission to the US was met with praise for Egypt’s economic reform.
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Egypt’s economy: The way forward after elections
The report said that fiscal consolidation looks set to ease, inflation and interest rates are likely to fall sharply.
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Egypt FM to visit India for joint committee meeting
Shukri will lead the Egyptian delegation during the session which will begin its meetings on Thursday at the level of senior officials.
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Egypt eyes $5.7 billion from state company IPOs
Ten companies including the Midor refinery will see their shares floated for the first time and additional equity will be sold.
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$1.287bn of trade exchange between Egypt, EFTA countries in 2017
This came on the sidelines of a seminar that was held at the Ministry of Trade and Industry on ways to enhance trade between Egypt and EFTA countries.
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Egypt's foreign minister in South Sudan to boost relations
Minister Sameh Shoukry met with South Sudan President Salva Kiir in the capital, Juba.
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Unofficial economy represents 40%
The minister stated that taxes represent 72 percent of the estimated budget of fiscal year 2017/2018.
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Egypt's non-oil business sector activity falls slightly in Feb
The Emirates NBD Egypt Purchasing Managers' Index (PMI) for the non-oil private sector fell to 49.7 from January's reading of 49.9.
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Saudi crown prince discusses economy on Egypt trip
Prince Mohammed accompanied Egyptian President Abdel Fattah al-Sisi to review construction projects near the Suez Canal.