Trade News
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Egypt’s Retail Sector Shows Growth Potential
Egypt’s retail sector is set to grow by 11 percent over the next four years, according to an October 27 report by the IDSC.
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Egypt approves $10 million citrus concentrate zone in Port Said to boost exports
The project, with a $10 million investment, is anticipated to create over 300 jobs and produce 2,500 tons annually in its initial phase.
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Why is Egypt establishing an economic zone for citrus concentrates?
This move aligns with Egypt’s broader strategy to boost its industrial and export sectors while leveraging local agricultural strengths.
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TV BRICS launches Arab news portal as Saudi, UAE, Egypt join group
The Arabic portal will feature international news, articles and interviews, as well as special projects to introduce the BRICS+ countries.
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President Sisi heads to Russia to participate in 16th BRICS Summit
This is the first time, Egypt participates in the BRICS Summit after it has officially joined the economic bloc in early 2024.
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Prime Minister reviews progress of export burden refund program
Starting from July 1, 2024, the minimum local content for exports benefiting from the program will be set at 35 percent, with increases planned.
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"Egyptian-Belgian" Talks to Develop Investment, Boost Trade Exchange
The minister stressed the importance of joint work to increase the volume of trade between the two countries, which last year amounted to EUR 2.1bln
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Strengthened ties: Saudi Arabia and Egypt
Beyond trade and energy, Saudi Arabia and Egypt are prioritizing increased local production to boost their economies and reduce reliance on imports.
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Iraq’s rehabilitation depends heavily on Egyptian firms
Egyptian companies can participate further in the available opportunities to develop the Iraqi infrastructure, according to Khalaf.
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GAFI to launch 5 private free zones in Cairo within days
The launch of the free zones comes in response to the high demand for free zones from investors, the official highlighted.
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Minister of Foreign Trade highlights impact of foreign trade flow on reducing inflation
During the session, El Khatib emphasized the government's commitment to providing additional facilitations for exporters and importers.
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Egypt, Romania sign 5 cooperation documents
Both countries also signed an executive work plan for the MoU in agriculture and land reclamation.
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Egyptian-Malaysian free trade agreement in progress
This forum was launched under the theme “Navigating Trading Challenges with Sustainable Solutions”.
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Egyptian-Malaysian free trade agreement in progress
Egypt is a main importer of Malaysian palm oil; moreover, the Malaysian Palm Oil Council (MPOC) has a trade office in Cairo.
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Egypt eyes $15 billion African export market by 2025
This plan aims to open new markets for Egyptian products, particularly in Africa, and to leverage the logistics centers.
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Indian Investments to Surge to $5B in Egypt by 2025
With these new ventures, Indian investments in Egypt are projected to reach around $5 billion by next year, an increase from the current $3.5 billion.
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Partnership bet. Egypt, Japan reach $3B over 18 projects
Egypt and Japan are working in tandem on significant projects like the Grand Egyptian Museum and the enhancement of the Abu Al-Rish hospital.
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Egypt private-sector-empowering measures boosted mall industry
This came during a roundtable Fouda held with a group of Egyptian journalists on Wednesday at the CFC headquarters in Cairo.
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How to cope with Egypt’s rising prices
Understanding why prices are rising and how to adapt can help you better navigate these challenging times.
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Egypt government to set long-term investment & trade plan
Egypt’s investment ministry is drafting a plan for its futuristic vision for investment and trade in the country from 2024 to 2030.