Trade News
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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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PM Madbouly, Croatian counterpart mark new chapter in Egypt-Croatia relations
Egyptian PM Madbouly stated Tuesday that the visit of his Croatian counterpart, Andrej Plenković, marks a new chapter in bilateral relations.
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Egypt expands logistics sector with new Alexandria port terminal
A new Alexandria port terminal boosts Egypt’s logistics capacity, improving trade flow and facilitating economic growth in the region.
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Egypt, Spain strengthen ties with strategic partnership agreement
Economic and trade collaboration was also reinforced through an MoU on economic, trade, industrial, and technical cooperation.
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Volume of trade exchange between Egypt, Serbia is $300 mln in 2024
A number of agreements and memoranda of understanding were also signed to enhance bilateral cooperation between both states.
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PM Madbouly, Croatian counterpart mark new chapter in Egypt-Croatia relations
During his speech, PM Madbouly highlighted the strengthening economic ties between Egypt and Croatia, particularly in the energy sector.
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Egypt, Argentina strengthen investment ties
This collaboration marks a significant step in strengthening economic ties and creating new opportunities for investors in both countries.
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Egypt streamlines customs procedures to boost trade and investment
Egypt is enhancing customs procedures to simplify trade, aiming to attract more investment and improve the flow of goods in a global market.
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Egypt eases customs procedures to support business community
The facilitation measures, which involve approximately 19 legislative and procedural reforms.
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Egypt food industry exports grow by 21% in 2024
Chairman of the Food Export Council (FEC), Mahmoud Bazan, said Egypt's food industry exports grew by 21 percent in 2024, exceeding $6.1 billion.
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FM: Egypt backs WTO goals, principles
The Egyptian government pays great attention to advancing the developmental objectives of the World Trade Organization (WTO).
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Egypt targets $115.8 bln in annual exports by 2030
Egypt aims to increase its annual exports to reach $115.8 billion by 2030, Prime Minister Mostafa Madbouly said on Tuesday.
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Egypt welcomes Sudanese investments in Qena, Aswan
The size of Egyptian investments in Sudan is $1 billion, while that of Sudanese investments in Egypt is $240 million.
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Egypt, Switzerland forge stronger economic ties with Joint Economic Committee
The Joint Economic Committee is designed to bolster trade, attract investments, and identify new market opportunities.
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Al Futtaim Opens Two New Carrefour Stores in Aswan and the NAC
Over the next six months, proceeds from the Aswan store’s ‘Round Up Your Bill’ initiative will be donated to support the Magdi Yacoub Heart Foundation
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Brazil’s corn exports to Egypt up by 174%
In 2024 Egypt imported USD 3.3 billion worth of agribusiness goods from Brazil, an increase of 91.4% compared to 2023.
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Egyptian, Mozambican FMs discuss boosting bilateral relations
The meeting underlined the importance of enhancing cooperation in different fields, including the trade and investment ones.
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Turkish company to open new investments in Egypt worth US$50 million
The Turkish ambassador said that this decision reflects the Turkish government’s will to increase cooperation with Egypt.
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Egypt’s Customs Clearance Exceeds $79 Billion Amid Ongoing Reforms
Between January 1, 2024, and January 8, 2025, the total value of goods cleared through customs surpassed $79 billion.
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7 facts about the Egypt-Greece-Cyprus business council
The Egypt-Greece-Cyprus Business Council represents a bold step toward regional integration and economic growth.