By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
    September 22, 2023
    Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
    Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
    September 21, 2023
    ABB allocates €13bn for green transformation by 2030
    ABB allocates €13bn for green transformation by 2030
    September 21, 2023
    DMZ Cairo Demo Day 2023 showcases Egypt's top tech startups
    DMZ Cairo Demo Day 2023 showcases Egypt’s top tech startups
    September 21, 2023
    Valu partners with Le Marche, Electrotech to offer payment solutions for furniture, electronics Expo
    Valu partners with Le Marche, Electrotech to offer payment solutions for furniture, electronics Expo
    September 21, 2023
  • Politics
    PoliticsShow More
    CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
    CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
    September 22, 2023
    Egyptian Health Minister highlights country's interest in local drug manufacturing
    Egyptian Health Minister highlights country’s interest in local drug manufacturing
    September 21, 2023
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    September 20, 2023
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    September 20, 2023
    Children dying in Sudan amid healthcare system collapse
    Children dying in Sudan amid healthcare system collapse
    September 20, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: $2.5bn in Egyptian exports to UAE in 2017: Kabil
Share
Notification
Latest News
CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
Politics
Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
Real Estate
Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Business
ABB allocates €13bn for green transformation by 2030
ABB allocates €13bn for green transformation by 2030
Business
DMZ Cairo Demo Day 2023 showcases Egypt's top tech startups
DMZ Cairo Demo Day 2023 showcases Egypt’s top tech startups
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Trade > $2.5bn in Egyptian exports to UAE in 2017: Kabil
Trade

$2.5bn in Egyptian exports to UAE in 2017: Kabil

Daily News Egypt
Last updated: 2018/03/17 at 4:18 PM
By Daily News Egypt 3 Min Read
Share
SHARE

Minister of Trade and Industry Tarek Kabil announced that the United Arab Emirates (UAE) tops the list of largest importers from Egypt in 2017, explaining that Egyptian exports to the UAE market reached $2.5bn last year.

He pointed out that the volume of the trade exchange between the two countries increased during the last three years by 20%.

In terms of investments, Kabil said that the UAE is ranked the largest investor in Egypt, with total investments at $6.2bn.

This came during the inauguration of the Egyptian-UAE Business Forum on Saturday, which is chaired by Kabil and UAE Minister of Economy Sultan bin Saeed Al Mansoori.

It’s worth mentioning that the forum is organised by the General Federation of Chambers of Commerce under the title “Egypt…UAE, from bilateral cooperation to regional cooperation” and was attended by a large number of heads of major Egyptian and UAE companies.

Days ago, Kabil said that this forum aims at enhancing the partnership between the private sectors in both countries to contribute to the establishment of joint projects.

During his speech at the forum’s inauguration, Kabil pointed out the measures taken by the Ministry of Trade and Industry in the framework of the implementation of the Sustainable Development Strategy: Egypt Vision 2030, including the launch of the industrial investment map.

Moreover, the minister stressed on the importance of the prominent role of the private sector and the business communities of the two countries to contribute to achieving an unprecedented boom in the level of joint trade and investment cooperation under the support of the Egyptian and UAE governments.

For his part, Al Mansoori stressed on the importance of achieving economic integration between the two countries through finding a real partnership based on identifying the available manufacturing capabilities to meet the needs of consumers in both countries.

In this context, he pointed out the possibility of achieving such integration at the level of a number of Arab countries.

Al Mansoori assured that Egypt, with its potential and pioneering role in the Arab region, is capable of playing a pivotal role in developing an integrated strategy in cooperation with the Arab countries to deal with issues such as Arab food security and the development of the small and medium enterprises sector.

You Might Also Like

Food industry sector boosts Egypt’s exports by 10.5% in 7 months

Egypt’s glass products exports reach $100m in H1 2023: CEC

UAE’s Global Investments Holding Ltd acquires 30% stake in Egypt’s Eastern Company for $625m

Egypt’s engineering exports surge 10% in 7 months: EEC

Egypt, UAE sign $500m programme to finance wheat imports for 5 years

TAGGED: Exports, Minister of Trade and Industry, Tarek Kabil, UAE
Share this Article
Facebook Twitter Email Print
Previous Article Egyptian expats cast ballots on second day of 2018 presidential election
Next Article Egypt demands action from UK over death of Egyptian student 
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
Politics
Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
Real Estate
Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Business
ABB allocates €13bn for green transformation by 2030
ABB allocates €13bn for green transformation by 2030
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?