Trade News
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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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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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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 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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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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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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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.
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Volume of trade exchange bet. Egypt, Cyprus record $217M in 2024
Trade between Egypt and Cyprus reached a total of $217 million during the first 11 months of 2024, more than doubling the $108 million recorded 2023.
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El-Sisi, Greek Prime Minister discuss strengthening bilateral ties
The discussions centered on enhancing economic cooperation, with a focus on strengthening ties within the East Mediterranean Gas Forum.
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Egypt exports hit record $40 bln in 2024
Minister of Investment and External Trade Hassan ElKhatib announced Monday that Egyptian exports reached an all-time high of $40 billion in 2024.
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Egypt to limit car imports to 1 per importer over next 5 years starting Friday
The investment ministry noted that importers must provide a bank statement to confirm their financial capacity to make such purchases.
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Egypt's Garment Exports Rise 17% to USD 2.27 Billion in 2024
The US continued to be the biggest importer, with Egyptian exports increasing 14% to USD 971 million.
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Uzbekistan investment minister urges creating digital platform to boost business ties with Egypt
Only 24 Uzbek companies currently operate in Egypt, primarily in the tourism, telecommunications, IT, and agriculture sectors.