trade

Egyptian foreign trade surges in H1 of FY2024/2025 as imports climb

Wed, 11 Jun 2025 - 12:44 GMT

Among individual trading partners, the United States topped the list, with bilateral trade reaching $5.838 billion

Maritime traffic through Red Sea by 60%: EU’s Red Sea Aspides mission

Tue, 10 Jun 2025 - 02:49 GMT

Despite this upward trend, current traffic levels still fall short of the 72 to 75 vessels per day that were typical before Houthi-related disruptions

President El-Sisi, Spanish PM Discuss Strengthening Bilateral Ties and Urgent Regional Issues

Tue, 27 May 2025 - 09:02 GMT

El Sisi, Spain’s PM discuss boosting ties, urge Gaza ceasefire, reject displacement, and back two-state solution and regional stability.

Egypt allegedly seeking to purchase additional LNG ahead of summer months

Sun, 25 May 2025 - 10:59 GMT

Negotiations are reportedly underway with suppliers from Qatar, Algeria, and Saudi Arabia, as well as major global trading entities.

Local alliance formed to support Egyptian exports’ expansion into new African markets

Thu, 22 May 2025 - 10:58 GMT

As part of the alliance’s expansion strategy, plans are underway to host an exhibition in Kenya to showcase Egyptian products, creating a platform for increased visibility and export opportunities.

Egypt-Lebanon Trade Surges to $1 Billion in 2024 with 44% Export Growth

Mon, 19 May 2025 - 03:10 GMT

Data from Egypt’s Central Agency for Public Mobilization and Statistics revealed a significant increase in trade between Egypt and Lebanon in 2024.

Trade turnover between Russia, Egypt hits record $9 bln in 2024, says Putin

Sat, 10 May 2025 - 09:29 GMT

Trade turnover between Russia and Egypt climbed by 30% in 2024, reaching a record of $9 billion, Russian President Vladimir Putin said at a meeting with his Egyptian counterpart Abdel Fattah el-Sisi, adding that it gained another 80% in the first two months of this year, TASS news agency reported.

Egypt among 6 Arab countries vulnerable to US tariff fallout: ESCWA

Mon, 28 Apr 2025 - 10:04 GMT

Besides Egypt, the countries identified as most at risk include Jordan, Lebanon, Bahrain, Tunisia, and Morocco

Egypt’s foreign trade volume remains strong in Q1 FY2024 despite global trade uncertainties

Tue, 22 Apr 2025 - 12:49 GMT

Trade with countries outside of the top 14 amounted to $10.21 billion—$7.22 billion in imports and $3.00 billion in exports

SCZone introduces new digital services designed specifically for investors

Sun, 23 Mar 2025 - 02:37 GMT

This pioneering initiative will contribute to economic growth, job creation, and a thriving investment climate that will attract more Foreign Direct Investment (FDI) to Egypt

Egyptian food exports increased $10Bn in 2024: Chamber of Food Industries

Wed, 19 Mar 2025 - 01:36 GMT

The Chamber’s objectives for 2024 included addressing challenges faced by food manufacturers, representing their interests to relevant stakeholders, and providing industry data to support decision-making

FM Abdelatty stresses importances of strengthening Egypt-UK trade relations

Tue, 18 Mar 2025 - 11:25 GMT

Egyptian Minister of Foreign Affairs and Immigration Dr. Badr Abdel Aty stressed the importance of strengthening trade and investment relations between Egypt and the United Kingdom (UK).

Cargo shipments continue to divert away from Suez Canal says Jefferies Investment Bank

Sun, 16 Mar 2025 - 12:28 GMT

The report also notes that more than 100 ships were attacked by Houthi forces since late 2023 and throughout the past year.

Driven by petroleum and garments, Egyptian exports jump 9.6% in December 2024, Saudi Arabia leads list of importers

Thu, 06 Mar 2025 - 12:09 GMT

This rise was primarily driven by strong demand in sectors like petroleum products, fresh fruits, ready-made garments, and food preparations.

Chinese companies look to Egypt to support exports as US-China tariffs continue to rise

Wed, 05 Mar 2025 - 01:30 GMT

Mostafa Ibrahim, Deputy Chairman of the China Committee at the Egyptian Businessmen’s Association, forecasts that Chinese investments in Egypt will reach between $2 and $3 billion by 2025.

Kuwaiti PM stresses his country's keenness to strengthen economic relations with Egypt

Mon, 03 Feb 2025 - 06:39 GMT

The two sides also discussed ways to develop trade, industrial and investment cooperation, in the interest of the two countries and the two brotherly peoples.

Processed food exports hit record-breaking numbers in 2024: Food Export Council

Mon, 03 Feb 2025 - 01:47 GMT

The expansion of Egypt’s food export markets in 2024 was notable, with growth across Arab, European, American, and African regions, according to the latest FEC data shared by Bazan.

SCA Head reassures major shipping companies, promotes return to Suez Canal trade route

Sun, 02 Feb 2025 - 12:22 GMT

In a meeting with representatives from 23 prominent maritime companies, Rabie shared his optimism about the region’s recovery

Shipping companies continue to divert from Suez Canal despite cautious optimism

Mon, 27 Jan 2025 - 01:35 GMT

The ongoing conflict in Gaza, which began in late 2023 after Hamas’s attacks, has led to numerous assaults on ships passing through the Bab-el-Mandeb Strait by the Houthis

Suez Canal prepared to operate at full capacity as global trade stabilizes and regional tensions cool

Wed, 22 Jan 2025 - 12:11 GMT

Despite challenges, Rabie reiterated the SCA's commitment to delivering seamless maritime services, continually evolving to meet industry demands

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