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Business
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Economy
12/10/2023 7:14:27 PM
The Egyptian government has allocated EGP 100.7 billion in investments for the country's manufacturing industries sector during the current fiscal year (FY) 2023/24, said Minister of Planning and Economic Development Hala El-Said.
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Business
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Energy
12/10/2023 6:24:59 PM
A pipeline connector between Serbia and Bulgaria that will reduce Serbia's dependance on Russian gas by giving it access to Azerbaijan exports was inaugurated Sunday, Serbia's state-run RTS television reported.
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Business
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Economy
12/10/2023 2:16:06 PM
Egypt’s exports increased by 19.4 percent in 2022 to reach $52.1 billion, up from $43.6 billion in 2021, according to the data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Saturday.
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Business
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Economy
12/6/2023 1:13:03 PM
Egypt’s trade deficit increased by 10.3 percent to reach $3.24 billion in September compared to $2.84 billion in the same month last year, according to the data released by the Central Agency for Public Mobilization and Statistics (CAMPAS) on Wednesday.
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Business
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Economy
11/30/2023 6:29:06 PM
The Egyptian government is wrapping up an initiative to sell real estate units in foreign currency to foreigners and expats to boost real estate exports and secure more hard currency amid a severe shortage in the US dollar supply.
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Business
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Economy
11/22/2023 3:49:28 PM
Egypt's cast iron and steel exports surged to $1.74 billion in the first nine months of 2023, up by 65 percent, from $1.053 billion, in the corresponding period of 2022.
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Business
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Economy
11/21/2023 7:42:20 PM
The Egyptian government needs to offer more incentives to boost local industries amid the campaign to boycott companies that support Israel, experts said to Ahram Online.
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Business
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Energy
11/20/2023 3:20:43 PM
Multinational ammonia exporter Fertiglobe announced that it completed the first shipment of the world’s first internationally recognized renewable ammonia with International Sustainability and Carbon Certification from its plant in Egypt.
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Business
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Economy
11/16/2023 12:20:41 PM
Egypt’s Minister of Trade and Industry Ahmed Samir met with Belarusian Minister of Antimonopoly Regulation and Trade Alexei Bogdanov to discuss mutual cooperation, according to a statement on Wednesday.
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Opinion
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Egypt
11/14/2023 9:36:48 PM
Amr Helmy makes a call for ethical and political accountability in Germany’s arms exports to Israel
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Business
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Economy
11/14/2023 6:33:52 PM
Egypt's exports to African nations are expected to increase by 10 percent, reaching $5.5 billion by the end of 2023, Sherif El-Gabaly, chairman of the Egyptian Chamber of Chemical Industries at the Federation Of Egyptian Industries (FEI), said on Tuesday.
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Business
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Economy
11/14/2023 1:21:41 PM
Egypt plans to increase its exports of petrochemicals and fertilizers to African nations by 10 percent in 2024, Khaled Abul-Makarem, head of the Export Council for Chemical Industries and Fertilizers, said on Monday.
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Business
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Economy
11/2/2023 11:13:02 AM
Egypt's trade balance deficit shrank by 22.3 percent in August to reach $3.88 billion, down from $4.99 billion in August 2022, according to the data released by the Central Agency for Public Mobilization and Statistics (CAMPAS) on Wednesday.
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Business
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Economy
10/31/2023 7:27:24 PM
Egypt's food industry exports reached $3.9 billion in the first nine months of 2023, according to data released by the Food Export Council (FEC) on Tuesday.
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Business
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Energy
10/30/2023 5:04:49 PM
European gas prices have spiked steeply due to a complex of factors, including reports that Israel had stopped exporting natural gas to Egypt, which could reduce the latter country's exports of liquefied natural gas (LNG).
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Business
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Economy
10/23/2023 8:15:49 PM
The Central Bank of Egypt (CBE) revised the deadline for transferring the export proceeds of gold artefacts to banks from 7 days to 30 days, according to a circular on Monday.
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Business
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Economy
10/10/2023 3:38:51 PM
Egypt has supported exports by EGP 40.7 billion ($1.32 billion) during the last 10 years, according to data released by the Central Agency for Public Mobilization and Statistics.
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Business
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Economy
10/8/2023 5:16:00 PM
Egypt’s trade deficit declined by 23.59 percent during the fiscal year 2022/2023, primarily due to a significant decline in non-oil imports, according to data released by the Central Bank of Egypt (CBE).
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Business
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Economy
10/8/2023 2:10:02 PM
The Central Bank of Egypt (CBE) is probing whether to allow trade with Turkey in local currencies, said Yahya El-Wathiq Billah, head of the Commercial Representation Authority at Egypt's Ministry of Trade and Industry.
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Business
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Economy
10/1/2023 8:52:33 PM
As Egypt’s three-month ban on onion exports comes into effect on Sunday, importers have asked for stronger measures to control prices, including expanding the ban to other items and cracking down on hoarding.
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