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Deficit reaches EGP 27.9bn compared to EGP 16.3bn in corresponding month last year
Egypt-UK trade volume expected to surpass $2bn for first time, chamber says
Technical committees for the partnership resume their work following a halt due to political unrest
Yet the value of imports and exports to the EU rises, reports Egyptian International Trade Point
Imports and exports decrease by 18.8% and 12.7%, respectively
Egypt’s external debt increased by 4.8% to record 45.3bn at the end of March 2014, compared to $43.2bn at the end of June 2013.
Decision follows introduction of protective duties on imports as domestic steel industry struggles
Sudan is highest importer from Egypt, while Kenya is highest exporter to the country
Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour told the Daily News Egypt in an interview for the Euromoney supplement that the law offering preferential treatment to local products will be referred to the presidency in September for approval. The minister, who also discussed the industrial lands and factory issues, stressed that …
Arab League highest importer of Egyptian goods in August, ministry’s report highlighted
System to be implemented tracking all steps from farm to final product to meet export requirements for EU markets
Minister of Industry and Foreign Trade to visit Russia in September
Exportation targets of the Ministry of Planning conflict with those of Ministry of Industry and Foreign Trade
Flow of investment between the two countries also declines 61.7%, CAPMAS
Government seeks to increase investments to EGP 336.9bn, increase imports by 3.8% and offer 550,000 job opportunities
Exhibition for food at reduced prices to start Wednesday at the Cairo International Fair Grounds in Nasr City, the ministry says
The decision was discussed and approved by a governmental committee
Tarek El Molla elaborates on fuel imports, EGPC debts, subsidies and foreign investments
Decision in line with ministry of industry’s earlier announcement it is preparing a law obliging governmental authorities to buy local products instead of imported ones
Reuters – Egypt estimates its local wheat crop at 9 million tonnes, according to a state newspaper that cited a government report, lower than the 9.5 million tonnes the Agriculture Minister had predicted. Traders surveyed in a Reuters poll estimated this year’s crop at around 7 million tonnes, in line with the previous harvest. The …
Average price per ton was $312, bringing total cost for imported wheat to $54.6m
Brazilian imports from Arab countries grow by 2% last year, according to the Arab-Brazilian Chamber of Commerce.
Companies in Egypt have arranged for Turkish steel imports in order to lower the price of domestic steel
Gleeds Construction Consultancy Egypt’s quarterly report highlights impact of recent political upheaval on economic sectors.
Under new agreement Egypt will import up to 1m barrels of crude oil per month, while Gulf aid continues to flow
A supply ministry report submitted by Ouda forecasted that in 2013 Egypt would import around 9.4m tonnes of wheat, 7.3m tonnes of coarse grains, and 6.8m tonnes of rice, making the total imports for these products 23.4m tonnes: a 1.3% increase from 2012.
The Egyptian government has so far imported 300,000 tonnes of wheat from Ukraine, Romania and Russia.
Loan delayed by inconsistent implementation of subsidy cuts and tax hikes
Analysts say increase is ‘temporary’
Shortages in coming year expected because of increases in the price of the dollar