Egypt-Saudi Arabia trade exchange increases to $7.5bn in 9M 2024: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced an increase in the trade exchange between Egypt and Saudi Arabia to $7.5bn in the first nine months of 2024, compared to $5.6bn in the same period of 2023,
Egypt launches new RoRo ferry service between Damietta, Trieste ports
Egypt launched a new Roll-on/Roll-off (RoRo) ferry service connecting Damietta Port in Egypt to Trieste Port in Italy on November 29th, 2024. The service is expected to significantly boost trade and economic ties between the two countries, particularly in the
BRICS leaders convene in Russia for 16th Summit
The 16th BRICS summit kicked off in the Russian city of Kazan on Tuesday with the participation of leaders from 36 countries, including 22 heads of state or government. The three-day event will see discussions on a range of topics,
18.3% increase in Egypt’s trade deficit in July 2024
The Central Agency for Public Mobilization and Statistics issued the monthly bulletin of Foreign Trade Data for July 2024. Egypt’s trade deficit reached $4.60bn during July 2024, versus $3.89bn for the same month of the previous year, an increase of
Saudi Arabia ranks 2nd among Egypt’s trading partners in Q1 2024
The Central Bank of Egypt (CBE) said that the Kingdom of Saudi Arabia ranked second among Egypt’s top trading partners until the end of the first quarter (Q1) of 2024, with trading worth $5.209bn, including $3.871bn imports and$1.338bn exports.
Egypt, Saudi Arabia explore opportunities to boost trade, investments
Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, has met with Abdulaziz Al-Sukran, Deputy of Saudi Arabia’s General Authority for Foreign Trade, to discuss strategies for strengthening and developing economic cooperation between the two countries across various sectors. El-Khatib
SCZone Chairperson promotes zone’s investment opportunities in Marseille
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZone), recently participated in a promotional tour in Marseille, France, seeking to attract French investment to the SCZone. Gamal El-Din participated in a session titled “Business Climate in Egypt: Challenges,
Egypt-Germany trade exchange reaches $2.5bn in H1 2024: CAPMAS – Dailynewsegypt
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced Wednesday a 4.2% increase in the trade exchange between Egypt and Germany, reaching $2.5bn during the first half of 2024, compared to $2.4bn in the same period of 2023. In
Egypt-Türkiye trade exchange reaches $3bn in H1 2024 – Dailynewsegypt
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the trade exchange between Egypt and Türkiye decreased to $3bn during the first half (H1) of 2024, down from $3.7bn in the same period of 2023. This announcement coincides
Minister El-Khatib, US Ambassador discuss boosting trade, investment relations – Dailynewsegypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, welcomed Herro Mustafa Garg, the US Ambassador to Cairo, along with her delegation. The meeting reviewed the shared economic relations and explored ways to develop and strengthen trade and investment cooperation between