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270 ships transit Suez Canal in 6 days carrying 14.9m tonnes

Suez Canal traffic data showed that 270 ships transited the canal with a total load of 14.9m tonnes from 5-10 November. An average of 45 ships transited the canal per day during that period, with an average load of 2.48m tonnes per day. The average load per ship was about 55,200 tonnes. Compared to July …

Mohamed Ahmed

Industry and Trade Ministry holds meeting with concerned ministries to study new costs of transporting food products

  Industry and Trade Minister Tarek Kabil was commissioned by the prime minister to hold a meeting with Transportation Minister Galal Saeed, Supply Minister Mohammad Ali Meselhy, and President of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed El-Wakeel to study the fees for transporting food products following the increase in the prices of …

Shaimaa Al-Aees

Deficit in trade balance down by 3.1% in August: CAPMAS

During August, the deficit in the trade balance recorded EGP 37.8bn, compared to EGP 38.9bn in August 2015, a decrease of 3.1%, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) monthly bulletin on foreign trade statistics. In a statement issued on Monday, CAPMAS noted that the deceleration happened because the value of …

Hisham Salah

275 ships transit Suez Canal in 6 days carrying 15.2m tonnes

Suez Canal traffic data showed that 275 ships transited the canal, with a total load of 15.2m tonnes, from 22 to 27 October. An average of 45.8 ships transited the canal per day during that period, with an average load of 2.5m tonnes per day. The average load per ship was about 55,270 tonnes during …

Mohamed Ahmed

Olive Mall targets to invade Omani market with 100 tonnes of pickles

Olive Mall for Food Industries Company targets to invade Oman’s market during the coming period to increase its exports to the Arab and Gulf markets to 700 tonnes of pickles a year. Alaa Badawi, chairperson of the company, said that Olive Mall is working on increasing the annual production capacity in order to access Oman’s …

Selim Hassan

Dutch Agro-Food exports register EGP 7.5m over 9 months

Exports of the Dutch company for packaging and food industries to European and the Arab markets registered EGP 7.2m over the first nine months of 2016. The company targets to achieve the same sales value of last year, which was EGP 8.5m, according to chairperson of the company Sayd Shaalan. He mentioned that the remaining …

Selim Hassan

334 ships transit Suez Canal last week carrying 17.4m tonnes

Suez Canal traffic data showed that 334 ships transited the canal from 14 to 20 October, with a total load of 17.4m tonnes. An average of 47.7 ships transited the canal per day during that period, with an average load of 2.49m tonnes per day. The average load per ship was about 52,100 tonnes during …

Mohamed Ahmed

275 ships transit Suez Canal in 6 days

Suez Canal traffic data showed that 275 ships transited the canal, with a total load of 16.8m tonnes, from 8-13 October. An average of 45.83 ships passed through the canal per day during that period, with a daily average load of 2.8m tonnes. The average load per ship was about 61,000 tonnes. Before the inauguration …

Mohamed Ahmed

Deficit in trade balance down by 13.1% in July: CAPMAS

The deficit in the trade balance dropped by 13.1% in July to EGP 30.9bn, compared to EGP 35.6bn in July 2015, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) monthly bulletin of foreign trade statistics. In a statement issued on Wednesday, CAPMAS noted that the deceleration happened because the value of exports …

Hisham Salah

226 ships transit the Suez Canal in first week of October

Suez Canal traffic data showed that 226 ships transited the canal from 1 to 5 October 2016, with a total load of 11.8m tonnes. An average of 45.2 ships transited the canal per day during that period, with an average load of 2.36m tonnes per day. The average load per ship was about 52,200 tonnes. …

Mohamed Ahmed