Trade News
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Egypt’s value of exports witness a $24B increase in 8 years
Egypt advanced 1.8 points in the trade and business index to score 4 points in 2023 comparedto 2.2 points in 2020.
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Egypt, UN sign framework of partnership in sustainable development cooperation Tuesday
The partnership agreement will be signed by International Cooperation Minister Rania al-Mashaat as well UN Resident Coordinator in Egypt Elena Panova.
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Egypt, Angola to strengthen bilateral cooperation in the housing sector
The Embassy of Angola is organizing the Egypt-Angola 23rd private sector economic investment meetings.
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Participation of private sector, civil society ‘vital’ to attain SDGs :Kamali
Kamali’s remarks came during his meeting to follow up on the implementation of SDGs, in the presence of a host of senior officials.
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Brazil’s exports to Egypt will use Easy Trade platform
The tool created by the Arab Brazilian Chamber digitalizes export processes.
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EU becomes more reliant on Egypt's LNG exports: World Bank
The EU has significantly increased its liquefied natural gas (LNG) imports from Egypt among six countries in 2022.
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GAFI offers tax incentives to attract Japanese expertise in automotive industry
The Japanese External Trade Organization (JETRO) will organize a visit by a Japanese businessmen delegation to Cairo to boost trade and investment.
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Egypt-Japan development portfolio reaches $3.9 bln
Japanese investments in Egypt surged by 98.7 percent to $73.7 million in FY2021/2022 from $37.1 million in FY2020/2021.
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JBIC invests more than $1.26bln in Egypt: Al-Mashat
The Minister of International Cooperation also welcomed cooperation with the Japanese side to stimulate development funds and green investments.
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Belarus, Egypt to hold meeting of working group on industrial cooperation
The parties reviewed the issues related to the preparation of the third meeting of the Belarusian-Egyptian working group on cooperation in industry.
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Egypt Considers Using Local Currency in Trade with China, India, and Russia
Until this moment no serious measures have been taken, as the matter is up to central and commercial banks.
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Egypt allocates $980.3m to support exports in coming fiscal year
With a single permission, investors will be able to buy or rent land, operate and manage projects.
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Why is Egypt considering alternatives to the Dollar in trading commodities?
The idea is to import goods from these countries and pay in their local currency, rather than using dollars for the trade.
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Egypt’s trade exchange with African countries records $2.117bn in 1Q 2023
The minister said that Egyptian commodity exports to the African continent amounted to $1.611bn.
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Egypt approves sixth phase of cash repayment to subsidise exporters
The Egyptian Cabinet approved the sixth phase of the cash repayment initiative to support exporters with a value of EGP 10 billion.
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Egypt, Austria sign letter of intent to enhance economic cooperation
Madbouli and Nehammer also chaired a roundtable for the Egyptian and Austrian business communities.
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Egypt's planning minister, OECD secretary-general discuss cooperation
The minister presented progress on the country program’s five pillars that are inclusive and sustainable economic growth.
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Egyptian discount retailer Kazyon attracts $165 mln investment from Int'l consortium
The Cairo-based Kazyon, founded in 2014, is a giant discount retailer selling basic food commodities at affordable prices.
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Trade exchange bet. Egypt, African markets hits $2.117B in Q1 of 2023
Egyptian exports to the continent amounted to $1.611 billion, and Egyptian imports from the continent amounted to $506 million.
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GAFI calls for general assembly meeting of Pepsi Egypt in May
The first company carries out manufacturing operations, while the second company specializes in distribution operations.