Ahmed Samir

Volume of trade exchange bet. Egypt, Malaysia reaches $777M in 2023

Tue, 28 May 2024 - 04:08 GMT

The meeting aimed to explore ways to enhance trade and investment cooperation between Egypt and Malaysia.

Egypt’s merchandise exports increases by 10% during first 4 months of 2024

Tue, 21 May 2024 - 04:58 GMT

Turkey followed closely behind with imports worth $1.76 billion, while Italy contributed $793.1 million to Egypt’s export market.

PM meets members of ECBM, CBMI to bolster sector's exports

Tue, 14 May 2024 - 04:10 GMT

The primary objective of the meeting was to bolster the sector's exports in the upcoming period, as emphasized by Madbouly.

Egypt's industrial sector grows by 3.8% in FY 2022/2023: Trade Minister

Mon, 13 May 2024 - 02:05 GMT

He further mentioned that the country's merchandise exports reached approximately $36 billion in 2023.

Egypt to establish $160M sodium cyanide factory with Austria, Czechia

Wed, 24 Apr 2024 - 10:56 GMT

The project entails the construction of a sodium cyanide factory in Egypt, primarily focusing on meeting local demand and exporting 80% of the production to markets in the Nile Basin, the Middle East, and Africa

Egypt to increase industrial output by 20%: Trade Minister

Tue, 23 Apr 2024 - 03:08 GMT

This ambitious strategy is expected to create 7 to 8 million job opportunities during the specified period.

Egypt, Italy trade exchange reaches $5.1B: Trade Minister

Tue, 23 Apr 2024 - 11:35 GMT

Minister Samir reiterated the significant role Italy plays as one of Egypt's prominent global economic partners.

Egypt aims $145B raise in petroleum, non-petroleum exports within 6 years

Sun, 17 Mar 2024 - 12:50 GMT

Samir added that Egypt plans to increase industrial production by 20 percent, enhance the green economy's contribution to the gross domestic product to a minimum of 5 percent, and provide number of job openings, targeting 7 to 8 million opportunities.

Egypt plans for $100B in annual exports with new industrial strategy

Sun, 18 Feb 2024 - 04:13 GMT

The government plans to achieve this goal by focusing on the development of the industry sector, enhancing the value of Egyptian products

Egypt, Bulgaria trade exchange records $529M within 2023

Sun, 11 Feb 2024 - 04:45 GMT

From 1970 until the end of April 2023, Bulgaria ranked 22nd among the most prominent European Union countries investing in Egypt

Trade minister highlights vital role of industrial sector, Egypt among top 10 of global cement producers

Mon, 15 Jan 2024 - 05:23 GMT

Samir also emphasized the pivotal role of Egypt's cement sector as a pillar for the nation's infrastructure and urban development projects, as well as the industrial sector’s role as a key player in Egypt's recovery, addressing global and regional economic challenges

Egypt’s plastic exports surge to $1.5B in 2023

Tue, 09 Jan 2024 - 12:30 GMT

This announcement was made during the opening ceremony of the PLASTEX 2024 and the Egypt Plast 2024 exhibitions

Egyptian exports to African nations increase by 13% during 2023: trade minister

Mon, 18 Dec 2023 - 12:41 GMT

In 2022, the trade volume between Egypt and COMESA countries reached its highest level, totaling $4.3 billion, as highlighted by the trade minister

Saudi Arabia invested $6.3B in 7.4K projects in Egypt

Mon, 20 Nov 2023 - 01:37 GMT

These investments span over various sectors including industry, construction, tourism, services, agriculture, finance, communications, and information technology

Qatari Al Mana Group plans $60 million initial investment in Egypt

Wed, 15 Nov 2023 - 08:30 GMT

During the forum, Qatar's Minister of Commerce and Industry, Mohammed bin Hamad bin Qassim, disclosed that Qatar had already invested over $5.5 billion in Egypt's financial, real estate, and energy sectors

Egypt shows commitment to intra-African trade development amid tariff reductions

Thu, 09 Nov 2023 - 11:02 GMT

This came during his opening speech at the activities of the Annual African Trade Summit, IATF2023, which Egypt is hosting in its third session.

Trade minister, German-Arab Chamber of Industry examine future coop opportunities

Tue, 07 Nov 2023 - 04:18 GMT

They also discussed ways to promote investment opportunities in Egypt to German companies, particularly in food security, pharmaceutical manufacturing, and fertilizer and agricultural nutrition

Minister of Trade unveils new round of Industrial Innovation Award

Tue, 24 Oct 2023 - 04:58 GMT

The award program is within the ministry’s framework to encourage innovation, further develop the industrial sector, and motivate other local companies to improve the sector’s competitiveness.

Egypt identifies 10 sectors for joint investment with Turkey, African countries

Thu, 12 Oct 2023 - 05:20 GMT

These remarks were made during the minister's participation in the fourth edition of the Turkish-African Economic and Trade Forum held in Istanbul, Turkey.

Indian investments in Egypt amount to $3.2B: Minister

Sun, 08 Oct 2023 - 12:45 GMT

Samir affirmed that Egypt and India share a strategic bilateral relationship that spans a long history of mutual cooperation aimed at supporting the economic and social development aspirations of both countries.