Import Export News
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Egypt's non-oil business sector activity stabilizes in Jan
The performance came with an overall positive outlook thanks to tough economic reforms, a survey showed.
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Egypt ranks 70 in inclusive development
Egypt came at 70 out of 77 emerging economies in a World Economic Forum Inclusive Development Index 2018.
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Business council head urges more Turkey, Egypt trade
For Turkey, Egypt is door to Africa and for Egypt, Turkey is door to Europe: Turkey-Egypt Business Council head Toprak.
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Retailers seek right formula to expand in local market
Fashion has a huge opportunity in Egypt, especially new volume brands, which are starting to expand in governorates.
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Egypt continues to reap the benefits of rebalancing, reform programme
The current account deficit has also narrowed and recorded its smallest quarterly shortfall in three years in Q3 2017, helped by stronger exports.
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Egypt's top imam endorses Bitcoin ban
Egypt's top imam has endorsed a ban on trading in Bitcoin by declaring it "forbidden" by Islam.
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Top 10 business highlights of 2017
As we enter 2018, Egypt business looks back on 2017 gathering the top 10 highlights of the year of "exploring opportunities".
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Egypt–Japan business forum launched in Tokyo
Nasr called on attendees to support the ministry's entrepreneurship initiative “Fekretak Sherketak”.
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Egypt-China business cooperation gets stronger during 2017
This year witnessed the first meeting of governmental committees for joint economic and trade cooperation in Tianjin, China.
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Egyptian-Japanese business council flies to Tokyo for promotion
The visit will also comprise round-table meetings among Egyptian and Japanese businessmen.
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Egypt-Brazil committee to be formed to boost business ties
Trade volume between the two countries stood at $ 1.772 billion in 2016.
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Trade exchange between Egypt, Ukraine hit $1.25 billion
Egypt's exports to Ukraine increased by 49.23 percent in the first half of 2017, Qabil said.
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Cairo hosts Belarus-Egypt wood processing business forum
On 6 December, Damietta will host negotiations with a managing company of the Egyptian project Furniture Town.
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Shadow economy is a main challenge for Egypt
Turning the shadow economy into an official economy is one of the main challenges facing Egypt today.
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Egypt scraps foreign exchange restrictions for importers
Earlier this year, the CBE scrapped limits on transfers abroad as the liquidity situation improved.
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Egypt, Turkey put aside differences to boost business relations
Plans to establish a new industrial zone in Egypt worth EGP 3bn and will include a number of factories and workshops.
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Egypt economy likely to remain unshaken by Sinai attack
Gunmen killed more than 300 worshippers in the attack on the mosque, the worst such attack by militants in Egypt’s modern history.
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Kuwait signs $42.5m loan agreement with Egypt
The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5 million.
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Grey economy in Egypt is worth EGP 1.8 trillion
The handicrafts industry is considered one of the main contributors to the informal sector in Egypt.