Latest in Trade Highlight
Latest in Trade
Imports of wheat, corn, cars, palm oil have decreased, but imports of some products like iron have increased significantly
Egypt improved in four out of the six sub-indices of the Logistics Performance Index, compared to 2014
The new outlet for Spinneys is the second to be launched this year, following the opening of a new branch in Alexandria. Two other stores are scheduled to open this year.
Knockmart.com can deliver its clients all food commodities in 14 areas mostly in new cities
An average of 43.8 ships transited the canal per day during that period, with an average load of 2.66m tonnes per day
Imports decline to $18.5bn between January and April; trade deficit fall by 27.5%
The major container ships of Maren Maersk passed through the canal carrying 200,360 tonnes
The shipment is expected to arrive next week
El-Menilawy added that the CBE on Tuesday morning had asked the departments responsible for issuing letters of credit in banks to submit reports of the requests of customers whose intermediate goods are stuck in customs.
Exports increase by 11.7%, imports decrease by 27.2%
Exports reached 112,700 metric kantar between December 2015 and February 2016 compared to 246,000 metric kantar during the same period of the previous season.
The violations of the main shareholder will not hinder Beltone’s acquisition of Reefy and Arab Finance, says Sherif Samy
The average load per ship was about 60,850 tonnes during that period.
OC’s share of the contract amounts to approximately €295m
During most of his speeches, Al-Sisi stressed to Egyptians that there would be no price increases. However, the situation on the ground panned out differently as prices have continued to rise across the board
The Gulf’s support reduced the pressure on the budget and stabilised consumption in factories and homes
Armed Forces Engineering Authority built 17 silos this year with UAE economic assistance
Egypt’s recorded US$1.891bn in non-oil exports, an increase of 4%
The sale of US certificates for sale to Egyptian expatriates will increase the three government-owned banks’ dollar funding; a credit positive especially since bank dollar liquidity has tightened in recent months, according to Moody’s released Wednesday
Minister of Industry and Foreign Trade Tarek Qabil met with the delegation of the European Union (EU) to Egypt with whom he discussed the importance of strengthening Euro-Mediterranean relations through the introduction of new programs and initiatives, and enhancing mutual cooperation within the region. “Egypt is keen to develop trade and economic relations with the …
Imports from Nile basin countries declined from $107.2m to $29.42m year-on-year
Chairman of the Egyptian Exchange (EGX) Mohamed Omran said the government’s and the Central Banks of Egypt’s (CBE) decision to increase capital of two banks through the stock exchange is considered one of the most important economic decisions made in Egypt during the recent years. The statement was part of Omran’s speech in the opening session of …
The sale is at a combined equity value for 100% of both MGM and UGC of EGP 828m
An annual report issued by the Ministry of Industry and Foreign Trade stated milestones of the trade sector in 2015. Among these milestones was the decision to establish an Egypt-based component of the Egypt-Kuwaiti Economic Cooperation Council, amid a larger restructuring of Egypt’s export sector. With the aim of promoting bilateral trade between Egypt and …
The decree aims at achieving balance in the fertilisers market in Egypt through the development of a comprehensive system
Giving license to established projects requiring heavy energy is not allowed except for sectors, regulation approved by cabinet
Egyptian fertiliser exports declined to record EGP 1.4bn during the first eight month of 2015, compared to EGP 3.5bn during the same period of 2014, says CEC
The Indian Embassy held a celebration of Indian Technical & Economic Cooperation in Cairo
Market dumping phenomenon was confirmed, China informed complaints were accepted, says Al-Seginy
Egypt is afraid to do business in Sudan, despite the latter having great investment opportunities, says Elbashir