Trade News
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A new era of Egypt-Greece cooperation begins
The announcement came during President Abdel Fattah El-Sisi’s official visit to Athens on May 7.
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Egypt-Greece trade exchange falls to $1.6bn in 2024
The trade exchange between Egypt and Greece reached $1.6bn in 2024, down from $2bn in 2023.
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Egypt’s Current Account Deficit Hits $11.1 Billion in H1 2025, Trade Gap Up 47.4%
The CBE attributed the wider deficit mainly to the rise in the trade balance deficit, which surged by 47.4 percent to reach $27.5 billion.
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Egyptian-Moroccan consultations held in Rabat at level of assistant FMs
Egypt and Morocco discuss boosting bilateral ties, planning investment forums, and addressing regional security.
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Moroccan exporters embark on strategic trade mission to Egypt
35 Moroccan exporters head to Cairo (May 3–5) to explore new partnerships and deepen bilateral commercial cooperation.
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Egypt targets $145bln in exports by 2030
The Minister pointed to major infrastructure investments, including cities, ports, logistics hubs, and upgraded transport networks.
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El-Sisi stresses businessmen role in boosting Egypt-Kuwait cooperation
More than 25 percent of the Kuwait Fund for Development’s projects are located in Egypt.
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Egypt–Italy Trade Ties Strengthened; Exchange Surpasses $6 Billion
Italy was identified as Egypt’s largest European trade partner, and this figure marked a notable rise from the $5.9 billion recorded in 2014.
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Suez Canal economic zone with China brings in $3 billion
Egypt was one of the initial founders of the Bandung conference in 1955.
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UAE’s NAS inches closer to becoming the majority shareholder of Egyfert
UAE’s NAS to acquire up to 90% of Egyfert, strengthening foreign investment in Egypt’s fertilizer exports.
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Morocco, Egypt Strengthen Economic Ties with Upcoming Cairo Business Mission
Morocco and Egypt to foster trade and investment ties through a Cairo business mission from May 3–5, 2025.
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Egypt-Italy trade exchange hit $ 6 billion in 2024
Bilateral trade between Egypt and Italy reached $6 billion in 2024, highlighting strong economic ties and mutual investment opportunities.
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Egypt, Djibouti trade records $122.4M in 2024
The downturn was largely driven by a sharp decrease in Egyptian exports, which fell to $108.6 million in 2024 from $152.3 million the year prior.
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Trade between Egypt, Saudi Arabia grossed $15.98 billion in 2024
Egypt-Saudi trade reached $15.98B, spanning cloud, logistics, pharma, and automotive—showcasing deep regional commercial ties.
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Egypt takes over chairmanship of AfCFTA council of trade ministers
Egypt takes the lead in shaping intra-African trade policy under AfCFTA, strengthening its influence on continental commerce.
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Trade between Egypt and Saudi Arabia reaches US$15.98 billion in 2024
This figure represents a 29 per cent increase compared to the previous year, as reported by Sada El-Balad, a partner of TV BRICS.
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After US Tariffs, Egypt Seeks to Amend the QIZ Agreement
The Egyptian government is exploring low-cost local manufacturing and plans to review free trade agreements with global partners.
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Trump tariffs to have limited impact on Egypt: Standard Chartered
The recent US tariffs are unlikely to significantly affect trade between Egypt and the US, given that the US maintains a trade surplus with Egypt.
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After US Tariffs, Egypt Seeks to Amend the QIZ Agreement
In response to U.S. tariffs, Egypt plans to amend the QIZ deal, cutting Israeli input to attract investors and strengthen export appeal.
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Egypt, Qatar trade volume records $128.4 million in 2024
Egypt-Qatar trade hits $128.4M, with Egyptian exports doubling and Qatari investment surging to $618.5M—signaling tighter ties.