Egypt's exports hit high record in 2021: Presidency

Tue, 04 Jan 2022 - 01:57 GMT

Egypt's exports achieved a high record in 2021 to hit nearly $31 billion, the highest ever in the country's history, Presidential Spokesman Bassam Rady said.

Egyptian "furniture" exports rise to $236M in 11 months

Mon, 03 Jan 2022 - 11:42 GMT

The sector's exports during November decreased by about 36 percent, to record a value of $17.260 million, compared to $26.852 million during November 2020.

LE 957.5M disbursed under 4th phase of immediate cash initiative for exporters so far - min.

Thu, 30 Dec 2021 - 06:17 GMT

The second and third tranches of the initiative's fourth phase will run by the end of February and April, Gamea said in a statement issued by the ministry on Thursday.

Egypt close to achieving highest exports in its history, exporters explain reasons: CNN

Thu, 30 Dec 2021 - 05:48 GMT

By recording $31 billion commodity exports during 2021, this will mark the highest value ever in the history of Egyptian merchandise exports, exceeding the highest number achieved in 2019 which amounted to $25.6 billion in 2019, according to CNN.

ECMI eyes increasing exports by 30% on annual basis

Mon, 27 Dec 2021 - 02:29 GMT

The medical industries exports are close to register more than $650 million by the end of the year, he added.

Egypt exports of aluminum, its products hit $635M in 10 months - ECBM

Thu, 23 Dec 2021 - 04:37 GMT

The report pointed out that Italy topped the list of importers of Egyptian aluminum, followed by Spain, Germany, the US and Morocco

Egypt's cement exports increase to $397M in 10 months

Thu, 23 Dec 2021 - 04:23 GMT

The list included, among others, Cameroon, Togo, Spain, Guinea, Mauritania, Liberia, Gabon, Tanzania, Chad, Venezuela.

Egyptian medical industries exports hit $602m in 2021

Wed, 22 Dec 2021 - 11:36 GMT

According to a monthly report by the Export Council for Medical Industries, exports in November hit 65 million dollars compared to 63 million dollars in the same month last year.

IMF executive director praises 'Haya Karima,' says: provides endless job opportunities

Tue, 21 Dec 2021 - 01:08 GMT

Executive Director of the International Monetary Fund Mahmoud Mohieldin praised the presidential development initiative “Haya Karima,” saying “it will open up endless job opportunities.”

UNCTAD showcases potential of African Continental Free Trade Agreement

Sun, 19 Dec 2021 - 07:25 GMT

Although the free trade part entails removing tariffs, that is not all.

Egypt's exports hike 24.5% in 10 months

Tue, 14 Dec 2021 - 02:24 GMT

Gamea attributed Tuesday the increase to the measures implemented to stimulate exports.

Cabinet's IDSC: 40% increase in Egyptian exports during 2021

Mon, 13 Dec 2021 - 01:28 GMT

The Information and Decision Support Center has published a new infographic dealing with the rise in Egyptian exports during 2021 (January/September), which amounted to $29.7 billion, compared to $21.2 billion during the same period in 2020.

Egypt's trade deficit dips 22.5% to $2.39B in September

Sun, 12 Dec 2021 - 04:56 GMT

In its monthly bulletin on foreign trade data, CAPMAS attributed the decrease of the trade deficit to the increase of the exports by 36.6 percent.

Egyptian furniture exports rise to $212.1M in 10 months

Wed, 08 Dec 2021 - 04:00 GMT

The Council added in a report, Wednesday, that the sector’s exports decreased during the month of October by about 28 percent, to record $21.169 million, compared to $29.23 million in October 2020.

Egypt's non-oil exports rise to $26.9B in 10 months

Wed, 08 Dec 2021 - 03:27 GMT

The report of the General Organization for Export and Import Control showed that all industrial sectors achieved high growth rates during the 10 months, despite the negative repercussions of the Corona pandemic.

Egypt's exports to Libya hits $572M in 2020

Mon, 06 Dec 2021 - 05:30 GMT

Games added Monday that the most important export items included cement, food products, machinery, electrical equipment, aluminum and its products, tanning materials and plastics.

Egypt’s exports to Spain reach $937.5M in 8 months

Wed, 01 Dec 2021 - 03:36 GMT

CAPMAS added that the Egyptian imports from Spain reached $1.1 billion during the first 8 months of 2021 compared to $988.1 million during the same period in 2020, marking an increase of 15.8 percent.

Trade exchange between Egypt, Bahrain up to $370m in 1st half of 2021

Tue, 23 Nov 2021 - 07:34 GMT

Speaking during the Egyptian-Bahrain Business Forum organized by the Egyptian Businessmen Association (EBA), the Bahraini ambassador said his country's exports to Egypt increased to $224 million.

Egypt's exports to COMESA countries increase 32.4% during 9 months

Tue, 23 Nov 2021 - 07:16 GMT

Egypt’s imports from the COMESA countries amounted to $901 million during the first 9 months of 2021, compared to $721 million during the same period in 2020, with an increase of 25 percent.

26.3% increase in trade exchange bet. Egypt, Nile Basin countries

Sun, 21 Nov 2021 - 03:24 GMT

Egypt's exports to the Nile Basin countries recorded $1.11 billion during the period from January to the end of September 2021, compared to $835 million over the same period last year, with an increase of 33.7 percent.