imports
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…
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…
Govt sugar company: losses at LE100 m due to imports
Business
August 20, 2015
Govt sugar company: losses at LE100 m due to imports
A government-owned sugar company said it has endured millions of pounds in losses this year due to rising sugar imports. Abdel…
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…
Holding company: 32 companies in limbo over cotton import ban
Business
July 13, 2015
Holding company: 32 companies in limbo over cotton import ban
Government textile companies are expected to be negatively affected by a recent decision from the Agriculture Ministry to ban the…
Egypt’s exports to Africa in 1st quarter of 2015 totals $810 million
Business
June 8, 2015
Egypt’s exports to Africa in 1st quarter of 2015 totals $810 million
The Trade and Industry Ministry has announced that the total number of Egyptian exports to African countries amounted to US$810 million…
Al-Morshidy: Govt policies serve imported products
Egypt
May 28, 2015
Al-Morshidy: Govt policies serve imported products
Mohamed Al-Morshidy, President of the Chamber of Textile Industries, said in an interview with Al-Masry Al-Youm that the industry is…
Egypt to import US$3.55 bn worth of LNG in 2015-2016
Business
April 14, 2015
Egypt to import US$3.55 bn worth of LNG in 2015-2016
Egypt will import around US$3.55 billion worth of liquefied natural gas (LNG) in the 2015-2016 financial year, an official at…
Official: Egypt considers 12-22% custom cuts on imported yarn
Business
April 1, 2015
Official: Egypt considers 12-22% custom cuts on imported yarn
Egypt is considering cuts to custom fees on yarn and raw fibers imports ranging between 12 and 22 percent, a…