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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
Wheat imports to Egypt from the central Asian nation have been halted for two years
New rate only weeks after hitting high at official exchange rates
Egyptian Commercial Service president Anwar Sahragti highlights benefit of trade programme
Exports fell by 1.5%, while imports jumped 14.4% during the same period
Exporters see an opportunity while importers see disaster in devaluation of currency
Anxiety due to possible downgrading of Egypt’s credit rating and the collapse of the Egyptian pound
A wave of alert follows the announcement that a Chinese steel freight will be sold for around EGP 700-800 less than Egyptian steel. The news caused local steel producers to panic, forcing Ezz steel to lower its prices by EGP 250 per tonne, reaching EGP 4,080 for factories and EGP 4,230 for the final consumer, …
Russia, Iran and Iraq may support the Syrian economy, despite of the revolution and international sanctions