exports
Central Bank accepts foreign currency deposits of export revenues from Libya, Syria, Sudan, Palestine, Iraq and Yemen
Business
October 21, 2015
Central Bank accepts foreign currency deposits of export revenues from Libya, Syria, Sudan, Palestine, Iraq and Yemen
The Central Bank has issued instructions to all banks to accept cash deposits in foreign currency from export revenues from…
Egyptian exports fall by 29% in September 2015
Economy
October 12, 2015
Egyptian exports fall by 29% in September 2015
Egyptian non-petroleum exports fell in September 2015 by 29 percent to US$1.7 billion, from $1.2 billion in the same month…
Rice exports regulator says no need to raise prices
Business
October 6, 2015
Rice exports regulator says no need to raise prices
Egypt’s rice export council said the Trade and Industry Ministry’s recent decision to open the door for chaffed rice exports for six…
Trade Minister sanctions export of hulled rice for LE2,000/ton
Business
October 4, 2015
Trade Minister sanctions export of hulled rice for LE2,000/ton
Trade and Industry Minister Tareq Qabil has officially allowed the export of hulled rice for the next six months, imposing…
Egypt textile imports from India at US$360 mn
Business
September 28, 2015
Egypt textile imports from India at US$360 mn
Egypt imported textile products from India worth US$360 million during the 2014-2015 fiscal year, a statement by the Indian embassy…
Chinese imports crush local shoe-making industry in lead-up to Eid
Business
September 22, 2015
Chinese imports crush local shoe-making industry in lead-up to Eid
Struck with workforce shortages and overwhelmed by cheaper imports, Egypt’s local shoe-making industry is suffering, unable to tap into the…
Egypt’s exports drop 20% in August
Business
September 17, 2015
Egypt’s exports drop 20% in August
Egyptian exports, other than petrochemical products, dropped by 19.87 percent to reach LE11,005 billion (US$1,433 billion) in August 2015, compared to LE12,687…
IS reportedly imposes fees on Egyptian exports
Egypt
August 30, 2015
IS reportedly imposes fees on Egyptian exports
Al-Masry Al-Youm has published a document attributed to the Islamic State, where the group states it is imposing fees on Egyptian…
Govt report: Cotton exports up 63.7% in 3rd quarter of 2014/2015 fiscal year
Business
August 24, 2015
Govt report: Cotton exports up 63.7% in 3rd quarter of 2014/2015 fiscal year
Cotton exports increased 63.7 percent during the third quarter of the 2014-2015 (March-May) fiscal year, a government report has said. “The…
Allocations for exports could increase from current LE2.6 bn
Business
July 13, 2015
Allocations for exports could increase from current LE2.6 bn
The government is discussing the possibility of increasing allocations for its Exports Development from a current LE2.6 billion, Foreign Trade…