Import Export News
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Russia to outfit Egypt’s Mistral ‘tin can’ warships
Russian Helicopters is prepared to supply $1 billion worth of equipment and aircraft for Egypt’s Mistral helicopter carriers.
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Egypt’s July-August budget deficit at 2.4 percent of GDP
The Egyptian government is expecting a budget deficit of 8.9 percent (EGP 251 bn) for the entire fiscal year which will end next June.
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Dollar price will not affect imports
Egypt’s dollar resources likely to increase, launching bonds in international markets under review not cancelled, says Dimian.
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Egypt needs private sector role in projects
The Egyptian minister said that Egypt spent $22bn in public private participation in infrastructure (PPI) from 1990 to 2014, in the MENA region.
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Foreign exchange pressures on Egypt likely to continue for years
The flexible policy recommended is bringing the currency exchange rate closer to the local currency's real value determined by strength of economy.
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Egypt vying to lure foreign capital weakens pound to record
The pound fell to 8.0301 per dollar in the official interbank market after declining by similar amount at a central bank currency sale to local lend.
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Egypt's Suez Canal revenues 'driven down by slowing global economy'
Despite the opening of the Suez Canal expansion, revenues from the watercourse dropped in August relative to the previous year.
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Egypt tycoon’s party makes case for free market economy
Najeeb Sawiris’ party seeks to scrap subsidies that have ‘slowed economic growth’.
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Nylon Yarn Market Size, Share and Global Trends
Nylon Yarn Market Research Report | ProfResearchReport. This report offers market related research Size, Share,Analysis, free sample report.
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Egypt able to provide necessary foreign exchange to import basic goods
Government is committed to adjusting market to mechanisms of free market and provide dollars of strategic goods withheld at customs, says Ismail.
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$2.4bn trade exchange between Egypt and COMESA
Africa attracted $55bn of the world’s total $1.26tn of foreign direct investments in 2014, according to N GAGE report.
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How is Egypt competitive with UAE, Jordan?
ECES offers two scenarios in case Egypt improves in some competitiveness factors to match the best performing Arab countries.
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France, Egypt sign contract for delivery of two Mistral ships
The sale of the ships, which had been been built for Russia but were never delivered because of the Ukraine crisis, was initially announced Sept. 23.
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Improvements in Europe's economy provide tailwinds for growth in Egypt
Coordinated and scaled-up support from the international community is critical in stabilizing conditions in the region.
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Egypt’s economy to require major external financing in next few years
IMF's ME and Central Asia Department Director Masood Ahmed claims that Egypt’s economy will require considerable external funding in the next years.
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Food industries represent 20% of air exports
Agricultural crops see highest demand especially vegetables and fruits, making up the largest share of the total air cargo products.
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Egypt-Africa trade relations
N-Gage consulting issued a report that highlights Egypt's trade relations with Africa in the light of the Tripartite Free Trade Agreement.
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The Future of Retailing in Egypt to 2019; Comprehensive overview of the market, with retail sales value and forecast
The Future of Retailing in Egypt to 2019 is based upon an extensive,cross-country, industry research program which brings together Conluminos research
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Tunisia, Egypt eye trade exchange up to US$500mn
Egypt and Tunisia are planning to increase volume of trade exchange to US$500 million in the coming period, Egyptian ambassador to Tunisia said.
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Egypt, Jordan probe economic cooperation
Abdel Nour also stressed the need to boost tourism cooperation between the two countries.