Trade News
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Could Egypt ban exports of raw gold?
The decision to ban exports of raw gold aims to preserve Egypt's wealth of precious metals and prevent it from fleeing the country.
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Trade exchange bet. Egypt, USA hit $7.3B in 9 months
Egypt’s exports to the United States amounted to $1.8 billion during the first 9 months of 2022, compared to $1.9 billion during the same period 2021.
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Aton resources completes phase 2 diamond drilling program in Abu Marawat concession
The company said that the program was after drilling a total of 9,073 meters from 85 holes.
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Dubai International Chamber opens new Cairo office
The Cairo office will provide Egyptian MNCs and SMEs access to trustworthy partners required to unlock Dubai’s global hub opportunities.
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Cairo 3A signs partnership to distribute Driscoll’s berries in local market
The partnership allows Cairo 3A Agricultural to distribute berry products in the local market with a plan to farm them in Egypt.
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TMG & AZADEA Group celebrate the opening of 11 new brands at Open Air Mall
The addition of the new brands will provide Open Air Mall’s guests with an elevated shopping experience.
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Egypt's authorities intervening to control gold market
General Department of Public Funds Investigations had arrested some speculators in gold prices, who are behind the sharp price of gold.
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Egypt, Zambia ink MoU for cooperation in information technology
Under the MoU, Egypt and Zambia will cooperate in the fields of digital transformation, postal services, the building of institutional competencies.
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Oranges accounted for 90% of the total Egyptian exports of citrus fruits
According to Kadah, the citrus from Egypt has managed to enter quite a few new markets over the past years.
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Egypt’s export subsidies initiative’s 5th stage disbursed EGP 7 billion
Egypt has distributed EGP 40 billion to support exporters in the past 30 months under the immediate cash payment initiative.
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Egypt's exports to East Asian countries increase 62.8% in 2021
India came in first rank of exports with a value of dlrs 2.1 billion in 2021 compared with dlrs 1.4 billion in the previous year.
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Egypt exports of food industries hit $3.490 in 10 months
Exports to the Arab markets amounted to 1.748 billion dollars during the first 10 months of 2022, representing 50 percent of the total food exports.
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Egyptian, Zambian ICT ministers sign MoU to achieve cooperation in 8 fields
The 2 ministers also held talks on executive mechanisms, where Minister Talaat offered training Zambian youth at the Information Technology Institute.
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Egypt looks forward to boosting cooperation with French companies
As part of the desired cooperation with Thales, the president directed to train and qualify young engineers in the areas of optics and electronics.
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Egypt, EU aim to hold joint business forum to attract more companies to Egypt
The two parties discussed ways to enhance bilateral economic cooperation during the coming period.
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Egypt’s supply min. cancels valuation fees on handicraft exports
Moselhi emphasized that the strategy for developing the gold industry in Egypt was prepared with the aim of expanding and pumping more investments.
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Volume of trade exchange between Egypt and China increases to $12.7bn
The agency also indicated that the value of Egyptian exports to China increased, recording $1.5bn, compared to $1.1bn — an increase of 36.7%.
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Egypt's wheat reserves sufficient for 5.2 months, rice for 6.5 months
The sugar cane season will start in mid-January, and the beet season in mid-February.
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Egypt keen to boost trade, investments with Tunisia
President Abdel-Fattah El-Sisi stressed Egypt’s keenness to boost trade and investments with Tunisia in a meeting with counterpart, Kais Saied.
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EAEU to wrap up talks on free trade zone with Iran, Egypt once tariff concessions agreed
Agreements will be signed after resolving the issues related to abolishing or reducing customs duties on a number of agricultural and industrial goods