Trade News
-
Algeria, Egypt's Sisi talk security, gas shipments
The offer of five 145,000-cubic-metre cargoes was made after a visit by Egyptian President Abdel Fattah al-Sisi to Algiers.
-
Egypt taking oil shipments for June needs despite free Gulf fuel-official
Energy prices in Egypt are among the cheapest in the world, with subsidies eating up a fifth of state spending.
-
Egypt GASC seeks wheat for Aug 1-10 shipment
Tenders should reach GASC by noon local time (1000 GMT) on Saturday and the results should come out after 3:30 p.m. on the same day.
-
Egypt seeks more cotton imports from African countries
Exports have dropped to 17,028 tonnes since the beginning of the marketing season of the cash crop in September 2013, a drop of 45.3 percent.
-
Egypt's natural gas exports fell 81% Y-o-Y in April: Report
Natural gas production also down by 14 percent from same period last year, as government looks to improved year in fiscal year starting in July.
-
EU, Egypt discuss fostering economic relations
The European Union adviser for economy and trade said that the transitional phase in Egypt did not affect economic relations with the EU.
-
Wheat market decline cuts prices at Egypt tender
Egypt's GASC grain authority at tender bought 180,000 tonnes of Romanian and Russian wheat, for an average of $262.15 a tonne including freight.
-
Egyptian non-petroleum exports rise for first time in 2014: Industry ministry
Egyptian exports grow by 3% in May after continuous monthly decline since the beginning of 2014.
-
Egypt wants to be 'global hub' for grain storage
Egypt's government is striving to boost self sufficiency and cut its 32 billion Egyptian pound ($4.48 billion) food import bill.
-
Arab Customs Union to be established by 2015: Arab League
“The establishment of the Arab Customs Union was waiting for a political decision to be implemented,” Tuwaijri said.
-
Egypt trade deficit falls for seventh straight month
Report by state statistics body shows the decline in the trade deficit was driven by a drastic fall in imports.
-
Egypt, UAE choose army-linked company to build wheat silos
The UAE is taking a hands-on role in supporting Egypt and is funding a range of development projects including the wheat silo-building effort.
-
Egypt opens tender to import fuel in July-Sept 2014 -official
Egypt's government wants to avoid major power blackouts during the months of increased consumption in the summer.
-
Egypt "urged" for duties on Turkish steel
Cuts to energy subsidies, which account for 13 percent of the state budget, are seen as necessary by leading business figures.
-
Exports to drive Egyptian FMCG sector
Following the civil unrest and political turnover of 2013, FMCG manufacturers reported a drop in sales and disruptions in production.
-
Egypt and Trade: Q&A [Infographic]
The HSBC Global Connections Report about Egypt was released this month, looking at the country’s future in trade.
-
Samsung exports "Made in Egypt" monitors to Europe
Achieving remarkable results, the factory currently exports around 20% of the total monitor production.
-
Qatar to supply Egypt with 5 shipments of LNG - as a "gift"
Qatar will offer a grant to Egypt in form of five natural gas shipments from July to September, according to CNN Arabic.
-
Egypt 2nd biggest exporter of citrus fruits
With 750,000 tons of citrus-exports, Egypt ranks 2nd worldwide, right after South Africa with 930,000 tons.
-
Egypt needs to focus on Asian investments and trade relations
The ASEAN-Egyptian Business Association hosted discussions on the importance of economic ties between Southeast Asian Nations and Egypt.