Trade News
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Egypt, Russia Discuss Arrangements for BRICS Accession
Russia is confident in the positive contribution that Egypt will be able to make to the joint work of the BRICS countries
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Madbouly and ministers discuss ways to boost exports to Africa
Madbouly stressed the Egyptian government’s commitment to increasing trade between Egypt and African nations as part of the country’s strategy
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Egypt, Bulgaria to enhance cooperation across diverse sectors: Trade minister
Egypt plans to enhance economic and trade cooperation with Bulgaria in the coming period, said Minister of Trade and Industry Ahmed Samir on Sunday.
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Egyptian Planning Minister Discusses Investment Opportunities with Japanese Delegation
Egypt’s Planning Minister Hala El Said showcased the country's investment opportunities to a Japanese delegation. The potential areas of cooperation cover various sectors, from infrastructure to hospitality.
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10 Key facts about the MOU between Egypt and China
Egypt is the first country to sign a debt swap agreement for development with the China International Development Cooperation Agency.
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Spinneys continues to expand across Egypt with new opening in Obour city
The new store, which opened on October 18, is located on the main Obour axis, right next to the Chillout gas station.
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Egypt could be more of logistical, trade hub for “Belt and Road” countries
Egypt's Prime Minister underscores the country's potential as a logistical and trade hub for Belt and Road Initiative (BRI) countries at a forum in Beijing.
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Korean investments in Egypt exceed $800 million: Ambassador
The Korean investments in Egypt exceeded $800 million, while the bilateral trade recorded $3.2 million during 2022.
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Maait, Gentiloni Discuss Enhancing Cooperation between Egypt, EU
This came on the sidelines of their participation in the meetings of the International Monetary Fund (IMF) and the World Bank in Marrakesh.
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Russia cancels massive industrial zone project in Egypt
The Russian government cancelled the project to build an industrial zone in Egypt's Suez Canal Economic Zone (SCZone).
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Egypt identifies 10 sectors for joint investment with Turkey, African countries
Egypt made a significant announcement during the fourth edition of the Turkish-African Economic and Trade Forum in Instanbul, revealing plans to identify sectors for joint investments with Turkey and Africa.
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Egypt supports exportered by EGP 40.7 bln in 10 years: CAPMAS
Egypt has supported exports by EGP 40.7 billion ($1.32 billion) during the last 10 years, according to data released by CAPMAS.
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Egypt's Exports Record Significant Development, Reaching $311.7 Billion in the Last Decade
Egyptian exports have observed remarkable growth, reaching a total value of $311.7 billion over the last decade despite fluctuations.
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Egypt to suspend customs on essential goods for 6 months: PM
Prime Minister Mostafa Madbouly, in collaboration with the Ministry of Finance, announced that the government will suspend duties on essentials.
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Egypt, France probe bolstering economic ties
Egyptian Minister of International Cooperation Rania Al-Mashat has met with the French Minister of State for Development Chrysoula Zacharopoulou.
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Indian investments in Egypt reach $3.2 bln: Trade minister
Indian investments in Egypt amounted to $3.2 billion distributed in 52 projects in several fields including food industries, chemicals, and tourism.
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Lower imports cuts Egypt’s trade deficit by 23.6 percent in FY2022/23
Egypt’s trade deficit declined by 23.59 percent during the fiscal year 2022/2023, primarily due to a significant decline in non-oil imports.
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Egypt Remains Russia's Largest Trading Partner in Africa
The volume of trade with African countries increased by 43.5% over a period of eight months.
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Egyptian importers call for expanding food export bans amid price increases
As Egypt’s three-month ban on onion exports comes into effect on Sunday, importers have asked for stronger measures to control prices.
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Egypt buys 170,000 tons of European wheat despite drop in Russian prices | Hellenic Shipping News Worldwide
European wheat has continued its winning streak in Egyptian tenders as an unofficial price floor has weighed on Russian wheat’s competitiveness.