Egyptian exports to USA dropped by 9.1%, records $2.3 billion: CAPMAS

Mon, 22 May 2023 - 04:20 GMT

According to CAPMAS, around 58 percent of Egyptian shipments to the US were comprised of ready-made clothes

Trade exchange between Egypt, France grows by over 60% in 2022

Mon, 22 May 2023 - 11:48 GMT

Egyptian exports to France grew by 136 percent.

French Legrand announces new expansion plans in Egypt, exports 45% of local production

Wed, 10 May 2023 - 08:07 GMT

Legrand also launched INNOVAL Egypt, an integrated services center that provides specialized training and support for technical staff and after-sales services, and technical studies and designs for Legrand partners and customers.

Egypt’s value of exports witness a $24B increase in 8 years: The Egyptian Cabinet

Mon, 08 May 2023 - 04:45 GMT

The Egyptian Cabinet’s Media Center published a report highlighting Egypt’s export figures and trade indicators.

Egyptian oil and gas exports drop 28.1% in first two months of 2023: CAPMAS

Sun, 07 May 2023 - 05:12 GMT

The value of natural and liquefied gas exports declined by 12.2 percent to $1.33 billion during the same period in 2023, compared to $1.52 billion in January and February 2022

Samsung Electronics Egypt discusses expansion plans with GAFI chairman

Sun, 07 May 2023 - 02:20 GMT

The size of Samsung's current investments in Egypt amounts to $500 million, with sales worth $1.3 billion.

Egypt launches 6th phase of immediate cash payment initiative to support exporters

Thu, 27 Apr 2023 - 03:05 GMT

The sixth phase of the “immediate cash payment” initiative aims to support the export burdens of exporting companies for files completed with the Export Development Fund until shipments of December 31, 2022, with the same previous controls.

Trade exchange bet. Egypt, African markets hits $2.117B in Q1 of 2023

Wed, 26 Apr 2023 - 02:39 GMT

Samir explained, in an official statement, that the value of Egyptian exports to the continent amounted to $1.611 billion, and the value of Egyptian imports from the continent amounted to $506 million.

Egypt's agricultural exports up by 10% exceeding 2.5M tons since Jan: Agriculture Minister

Wed, 19 Apr 2023 - 01:46 GMT

This marks a 10% increase according to a report prepared by Ahmed Al-Attar, Head of the Central Administration of Plant Quarantine

Egypt's exports to Greece rise 223.5% in January 2023

Tue, 11 Apr 2023 - 02:59 GMT

That includes a rise in the value of onion exports by 208.5 percent.

Engineering industry's exports hit $ 626M in 1st 2 months of 2023

Thu, 06 Apr 2023 - 05:44 GMT

The exports of the sector increased in February by 6.3 percent to record 348 million dollars in comparison to 327 million dollars in February 2022, according to the monthly report of the EECE on Thursday.

Egypt's trade deficit decreases 47% during January

Thu, 06 Apr 2023 - 03:19 GMT

The decline in the trade balance deficit during January 2023 is due to a decrease in the value of imports by 28.2 percent, reaching $6.33 billion, compared to $8.83 billion for the same month of the previous year.

Trade exchange between Egypt, Saudi Arabia grows 13.5% in 2022

Mon, 03 Apr 2023 - 02:30 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) released a report Monday showcasing the size of trade exchange between Egypt and Saudi Arabia in 2022.

Egypt's foreign trade hits $29.032B during Q1of 2022/2023

Mon, 27 Mar 2023 - 02:34 GMT

The CBE noted that Egypt’s imports hit about $19.067 billion during the first quarter of 2022/2023, while exports recorded about $9.965 billion.

Egypt to allocate LE 28-30 billion for new export rebates program in FY 2023/24: Cabinet

Mon, 27 Mar 2023 - 11:11 GMT

Egypt’s new export rebates program will run for up to three years with an estimated cost of LE 28-30 billion over the coming fiscal year 2023/2024, the Cabinet announced in a statement on Sunday.

et guide: How will Ain Sokhna port help open new markets for Egyptian exports?

Mon, 27 Mar 2023 - 10:53 GMT

Egypt Today reviews in this article the ongoing development and expansion works in the port of Ain Sukhna, which works to increase Egypt's share of the global market for transit trade.

Egypt's trade deficit decreases 54% during December

Tue, 14 Mar 2023 - 05:59 GMT

The decline in the trade balance deficit during December 2022 is due to a decrease in the value of imports by 28 percent, reaching $6.11 billion, compared to $8.49 billion for the same month of the previous year.

Egypt’s exports to African markets planned to hit $15B

Mon, 06 Mar 2023 - 06:41 GMT

As a result, Egypt has established six logistics centers – out of 12- in six African countries (Kenya, Morocco, Mauritius, Nigeria, Zambia, and Algeria) to facilitate access to African markets.

Study: Egypt witnessed positive economic performance due to increased COVID recovery rate, booming tourism

Tue, 21 Feb 2023 - 12:16 GMT

Egypt's fiscal year 2021/2022 witnessed positive economic performance as the recovery rates of COVID-19 surges, and the Egyptian tourism flow sees strong return, according to a recent study.

Egypt oil balance surplus continues for 3rd year exceeding $3B

Sun, 12 Feb 2023 - 02:57 GMT

Molla added during EGYPS 2023 that Egypt's oil exports rose to reach $18.2 billion during 2022.