Egypt-Sudan trade exchange hits $1.15bn in 2024
Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, and Mahasen Ali Yaqoub, Sudan’s Minister of Industry and Trade, chaired on Monday in Cairo the meetings of the Joint Egyptian–Sudanese Trade and Industry Committee, with the participation of senior officials
UAE, Egypt move to finalise comprehensive economic partnership agreement negotiations
Egypt and the United Arab Emirates are working to conclude negotiations on a comprehensive economic partnership agreement intended to increase investment flows and enhance economic competitiveness, Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib said. During a meeting in
CBE’s 1% rate cut eases financing costs, boosts industry, market confidence
The Central Bank of Egypt (CBE) announced a 1% cut in its key interest rates last Thursday, marking a significant step towards easing monetary conditions and supporting economic activity amid signs of moderating inflation. The decision was widely welcomed by
Egyptian non-oil exports rise 18% to $44.39bn through November 2025
Egypt’s non-oil exports increased by 18 per cent to reach $44.392bn during the first 11 months of 2025, compared with $37.544bn during the same period in 2024. The trade deficit contracted by 12 per cent to $30.346bn, down from $34.421bn
PM says Egypt’s non-oil exports expected to reach $48-50bn this year
Egypt expects its non-oil merchandise exports to reach between $48bn and $50bn by the end of the current year, marking a 20% annual growth rate, Prime Minister Mostafa Madbouly said on Wednesday. Speaking at a weekly press conference, Madbouly stated
PM Madbouly urges investors to ‘double’ stakes as Egypt trade deficit hits 10-year low
Prime Minister Mostafa Madbouly urged business leaders to “double” their investments in Egypt on Monday, citing the country’s lowest trade deficit in a decade and record non-oil exports as evidence of a “vast and promising” economic climate. Speaking at a
Egypt-Qatar trade surges 80% to $143m in M10 2025: El-Khatib
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib inaugurated the Egypt-Qatar Business Forum, aimed at strengthening economic, trade, and investment relations between the two countries. The forum was attended by Qatar’s Minister of State for Foreign Trade Ahmed bin
Egypt, Spain explore reviving economic dialogue, plan joint business forum in 2026
Abdel Aziz El-Sherif, First Undersecretary and Head of the Egyptian Commercial Service, held a series of meetings in Madrid aimed at strengthening economic, trade and investment relations between Egypt and Spain, as momentum builds following recent high-level bilateral engagements. The
African food safety officials convene in Cairo to align regulations for free trade zone
Egypt hosted the second meeting of the African Food Regulatory Authorities Forum (AFRAF) on Wednesday, gathering officials from across the continent to harmonise safety standards and support the African Continental Free Trade Area. The two-day meeting, held on the sidelines
IMF praises Egypt’s notable progress on investment, trade reforms
The International Monetary Fund (IMF) mission, currently in Cairo to conduct the fifth and sixth reviews of Egypt’s Extended Fund Facility programme, has commended the substantial progress achieved in the country’s investment and trade reform files. The mission affirmed that