Import Export News
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Egypt targets $5bln in trade with Algeria
Fathy invited member firms of the Egyptian export councils to take part in promotional visits to prop up their products in Algeria.
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Egypt wants Russian electronic equipment for Mistral carriers
The Egyptian military asked Russia to supply electronic systems for the Mistral class helicopter carriers bought from France.
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Egypt Chamber of Commerce delegation starts annual 'Door Knock' in Washington
The delegation aims to meet officials and policy makers from the International Monetary Fund, the World Bank, and the US State Department among others
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Egypt’s economy to grow just 3.5 per cent in 2016/17
analysts predicted that Egyptian pound would weaken in the coming financial year, reaching 9 pounds to the dollar in 2016/17 and 9.5 the year after.
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Emirates Auction launches first subsidiary in Egypt
It will meet the needs of a large segment of people who want to buy and sell real estate, goods and cars in Egypt.
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Saudi businessmen invest $4B in Egypt projects
At the end of 2015, there were 3,302 Saudi-owned companies in Egypt, with a total capital of $27.9 billion.
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Army’s control on market does not affect businessmen
Naguib Sawiris has supported the economic role played by the army, yet expressed concerns that this could affect its main role in defense.
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Cairo says Washington keen to boost Egypt's ailing economy
Egypt’s Foreign Minister Sameh Shoukry held bilateral discussions with US counterpart John Kerry in Washington.
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Egypt's trade deficit falls 5pct in December
In October 2015, lower exports and imports contributed to a decline in the country's trade deficit by 11.8 percent year-on-year to EGP 34.16.
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Egypt's GASC receives wheat offers from six trading firms
The lowest offer for the tender was for 60,000 tonnes of French wheat at $179.44 a tonne free-on-board (FOB) from Soufflet.
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