Import Export News
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Russia to boost trade, mulls free trade zone with Egypt
Increased Egyptian shipments of products will compensate for up to half of the shortfall of these products caused by the ban of other imports.
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KSA-Egypt trade volume grows to SR117.5 billion in 10 years
The trade balance was in favor of the Saudi side at an estimated surplus of SR46.2 billion ($12.3 billion).
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Egypt to hold price for local wheat steady -PM
The government purchased wheat for 420 Egyptian pounds ($58.74) per ardeb (150 kg) in the most recent harvest season which ended in June.
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Exports register $1.4bn in July, $13.34bn since beginning of 2014
Export targets of the Ministry of Planning conflict with those of Ministry of Industry and Foreign Trade.
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Egyptian-Nigerian business council for promoting intra trade
Nigeria has big investments in the Egyptian market in the fields of Power inverters and communication services.
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Egypt's exports to US drop 37.6% while imports rise 7.6%
Most of Egypt's exports to the US are ready made clothes and furniture, while top imports include tobacco and electronics.
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Egyptian government presents trade, technology projects to India
Government conducts broad international talks to revive confidence in Egyptian economy threatened by political turmoil.
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Egypt plans more than $100m "major" wheat investment plans
The plan is to build a factory at EGP 100m, to be used to store wheat and grains, hence helping local demand and allowing export.
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Trade exchange with Libya falls in wake of violence
Egyptian exporters exclude Libyan market from their plans and fear failure from Libyan side to fulfil contracts.
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Falling apart: Egyptian Libyan trade
Exporters have expressed fears that the violence which escalated recently in Libya will have negative effects on the export market.
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Egypt to buy 102,000 tons of diesel fuel in September
The General Authority for Supply Commodities plans to purchase 102,000 tons of diesel fuel to be delivered in September.
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Egypt tops the list of wheat importers from Russia in 2013/14: MENA
Egypt's imports recorded 19 percent of the total of Russia's wheat exports that amounted to 18.3 million tonnes.
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Sanitary measures imposed on Egypt have negative impact on export: ERF
Despite the World Trade Organization’s (WTO) efforts to reduce trade-weighted average tariff, non-tariff measures (NTMs) have constantly increased.
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EBRD pumps $20m into Egypt 'international Trade'
The European Bank for Reconstruction and Development (EBRD) has announced $20 million support towards boosting international trade in Egypt.
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Egypt's steel industry files anti-dumping claim against imports
Steelmakers have submitted a request for the government to re-introduce anti-dumping duties on imports of rebar and wire rod.
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Egypt imposes fees on stone exports, banning raw minerals
Decision intended to reduce exports of marble, granite, and sand and includes a ban on minerals Quartz, Talc, Manganese, and Feldspar.
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President, Italian FM Discuss Bilateral Relations
During the meeting, the Egyptian leader highlighted the strong ties binding the two countries.
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Egypt tries crude swaps to import crucial foreign oil
Egypt has been largely unable to buy crude oil in the international market for more than a year due to a domestic subsidy scheme.
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Egypt aims to boost wheat self-sufficiency
Wheat represented the largest single subsidy expenditure after fuel price support, which was unexpectedly cut at the start of July.
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Egypt issues tender to swap Qarun crude oil for Iraqi Basra Light
The tender specifies that the delivery will take place through storage-tank transfer at its oil hub Sidi Kerir on August 16.