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Company invests EGP 25m in onion packaging, targets 20% in exports: Sarhan
Export Development Fund spends EGP 291m on 12 companies under stimulating investment initiative
Export Director at the company, Amgad Naseem, said the company is working to reclaim and cultivate 5,000 feddans in Wadi Al-Natroun and the 1.5m-feddan project.
It comes due to decline in Jordanian power plants’ gas consumption in winter
Exports fell by 600m scf/day: Source
Amr Abu Freikha, the EEC chairperson, said that electronic, electrical, household, and electrical industries, in addition to the medical, metal, machinery, equipment, and kitchen appliances are the most important engineering industries that have achieved an increase in exports.
EETC is negotiating new 2,570MW renewable energy projects, says Mashaly
We achieve higher economic return from exporting natural gas than liquefied gas: EGAS
Imports also witnessed a decline of 3% to record $57.709bn compared to $59.336bn during the same period last year with a decrease of $1.660bn.
The CAPMAS added in its annual bulletin of foreign trade 2018 that the total value of exports of non-petroleum reached $24.6bn in 2018, up from $22.5bn in 2017, an increase of 9.3%.
The report showed out that the highest exports were concentrated in five African countries, including Libya, Sudan, Kenya, Ethiopia, and Uganda, respectively, accounting for85.5% of Egypt’s total exports to COMESA countries.
Quantities include the foreign partner’s share at an average price of $55 a barrel, say government sources
Abu Fraikha pointed out that the most important countries that receive Egyptian engineering products exports are the United Kingdom, Saudi Arabia, the United Arab Emirates, Hungary, Slovakia, France, Iraq, Algeria, and Syria.
About 36% of Egypt’s imports are production inputs, says Nassar
Completion of periodic maintenance of one of Idku’s liquefaction units contributed to this hike, says source
His remarks came on the sidelines of Egypt’s inauguration of the Egyptian Medical Expo to Africa, which is held under the auspices of Egypt’s Prime Minister Mosatafa Madbouly and Amr Nassar, and organised by the Export Council for Medical Industries.
Egypt poised to achieve surplus of production after meeting the needs of domestic market
SAR 61.4bn, estimated size of relevant entertainment market in the Kingdom by 2030, says Colliers
Exports from Leviathan to start 1 January 2020, from Tamar to start on 30 June 2020
Ministries of Trade and Industry, Finance, Transport discuss simplifying trade across borders’ procedures
Egypt’s cotton exports registered at 160,100 metric kantars during the same period last year.
G7 net investments in Egypt up 5.7% in H1 of FY 2018/19
Country’s non-oil exports record $13.037bn in 1H19, says GOEIC
The council’s delegation will include 25 Egyptian companies, and aims to maximise the competitiveness of Egyptian various products in international markets, and learn about investment and export opportunities available in Ghana, Abu Al-Makarem added in a press statement
Egypt’s exports to France reach $862m, up from $578m in 2017, according to Youssef
Connecting Giza, Fayoum fields contributed to increasing export quantities, according to EGAS
Egypt’s trade office in Jordon added in its economic report that the trade exchange between the two countries during the first quarter (Q1) of 2019 hiked by about 108.2%, recording $408.6m.
Brazilian imports from Arab states grow by 11.5% to reach $3,521.08m in H1 of 2019
Egypt is promising, attractive market for investment, says Country Manager
In its annual bulletin of Egypt’s trade exchange in 2018, the CAPMAS added that Egypt’s exports to GAFTA topped the list, valued at $9.4bn in 2018, down from $9.8bn in 2017, a decrease of 3.5%.