Latest in Tag: trade Highlight
Latest in Tag: trade
Egypt sees 17.9% decrease in trade balance in January 2021
Noting in its Monthly Bulletin of “Foreign Trade Data” for January 2021, CAPMAS also said that Egypt’s deficit value of trade balance reached $3.15bn during the month, versus $3.85bn for the same month of previous year.
Egypt, Canada discuss strengthening economic, trade relations
Ambassador to Canada Ahmed Abu Zeid met with Manitoba Deputy Prime Minister
Egypt sees 14% decrease in trade deficit during December 2020
Country’s trade deficit reached $3.28bn in December 2020, versus $3.81bn in same month of 2019
Egypt-Italy trade exchange amounts to €3.4bn in 10M 2020: Italian Embassy
Total 1,424 Italian companies operating in Egyptian market
Egypt reports 4.7% decrease in trade deficit during November 2020: CAPMAS
Trade deficit reaches $3.3bn in November 2020, versus $3.4bn in November 2019
Trade Ministry, IDB discuss increasing support to industrial, export sectors
IDB’s financing programmes aimed at contributing to implementation of government’s strategy to double Egyptian exports
Egyptian Trade Minister, Sudanese ministers discuss boosting bilateral trade
Talks covered developments in establishing Egyptian industrial zone in Sudan, re-operating Egyptian Commercial Center in Khartoum
UK, Africa will continue to build strong trade, investment partnership: UK Minister for Africa
African growth critical, has direct benefit both to continent and UK, said James Duddridge
Egypt, AfCFTA discuss stimulating continental trade
Egypt is pivotal player in African trade system, says AfCFTA’s Secretary General
AfCFTA opens African markets to Egyptian products
African Continental Free Trade Area (AfCFTA) will help the continent import and export easily, despite its commencement facing some challenges
Egypt sees 28.8% decrease in trade deficit during October 2020
Egypt’s trade deficit decreased by 28.8% to $2.9bn during October 2020, versus $4.1bn for the same month of previous year, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS).
Egypt, Sudan discuss boosting transit trade: Finance Minister
Egypt’s Minister of Finance Mohamed Maait has reviewed the results of recent joint meetings to discuss reinforcing transit trade for Sudanese goods through Egyptian ports.
Egypt, Afreximbank discuss strengthening cross-border trade in Africa
Egypt’s Minister of Trade and Industry Nevine Gamea held a digital meeting with President of African Export and Import Bank (Afreximbank) Benedict Oramah
Egypt’s Sovereign Fund aims to boost private sector investment in internal trade
The Internal Trade Development Agency (ITDA) and The Sovereign Fund of Egypt (TSFE) have signed a cooperation protocol to encourage private sector participation in the agency’s investment opportunities.
Egypt’s trade deficit declines 32.4% in September 2020
Egyptian imports decreased by 21.3% to $5bn in September 2020, versus $6.4bn in September 2019, which led to the decline in Egypt’s trade deficit
Egypt-France trade exchange scores $1.6bn in 9M 2020
The results, issued on Monday to mark Egyptian President Abdel Fattah Al-Sisi’s visit to France, reflect a significant decline compared to 2019.
Egypt, UK sign deal to continue preferential trade treatment
Trade agreement highlights strength of UK-Egypt partnership, reflects shared ambition, says British Foreign Secretary Dominic Raab
Egypt ministerial meeting discusses proposals to facilitate trade with Africa
Madbouly said Egypt is keen to strengthen relations with African countries, and increase trade exchange across the continent to achieve mutual benefit for all parties involved.
Egypt-UK trade agreement expected by 2020 end: Jeffery Donaldson
‘Egypt is UK’S gateway to Africa, and we will continue to prioritise our trade and investment commitments with Egypt,’ Donaldson says
Egypt sees trade cooperation opportunity once UK leaves EU: Madbouly
Madbouly said that Africa has become one of the most important destinations for international companies and financial institutions.
Egypt’s trade deficit declines 20.5% in August 2020: CAPMAS
A CAPMAS report issued on Tuesday added that Egypt’s exports declined by 9.4% to $1.91bn during August 2020, versus $2.11bn for the same month of previous year.
Expolink, ABCC to maximise growth opportunities for Egypt-Brazil trade
The MoU’s signing took place on the final day of the virtual Economic Forum of Brazil and Arab Countries, which took place from 19 to 22 October. It was organised by the ABCC in partnership with the Arab League and the Union of Arab Chambers.
EBCC launches online ‘Trade Accelerator’ to facilitate UK-Egypt trade
Platform offers definitive list of market opportunities from variety of official sources
Egypt’s trade deficit decreases by 51.8% in July
The value of the trade deficit amounted to about $2.28bn in July 2020, compared to $4.73bn in the same month of the previous year.
CBC engages with COMESA, Kenya to address trade impediment
Further concerns have been raised regarding the cancellation of pre-existing orders due to the measures Kenya has imposed, namely the non-preferential customs duties that are applied on COMESA origin goods.
Moscow to host 13th Egyptian-Russian trade committee in November
Both countries to discuss local manufacture of COVID-19 vaccine
Egypt reports 8.6% decrease in trade deficit during June 2020: CAPMAS
Egypt sees trade deficit of $3.30bn in June 2020
Egypt’s exports likely to increase to $100bn annually in 3 years: analysts
Though it is a big dream to reach $100bn of exports, Egypt has carried out recently some mega projects that seemed very difficult at the beginning to be fulfilled
Egypt among Russia’s main MENA trade partners: Russian Ambassador
Russia has adopted similar positions to Egypt regarding Libyan and Syrian conflicts
Egypt-Indonesia trade exchange records $1.5bn in 5 years: Indonesian Ambassador
This high level of trade exchange means Egypt is one of Indonesia’s main commercial partners, Fawzy said. He added that Egypt acts as a pivotal gateway for Indonesian products moving into Africa.