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Extra Global Company aims to double exports by entering new markets

Extra Global Company aims to double its exports during the current export season by expanding into a number of new markets and acquiring new clients. Chairperson Ahmed Farahat said that the company will expand in Africa in the coming season and increase its number of clients in Europe. Farahat expects the company to achieve $1m …

Selim Hassan

6% increase in Egyptian textile, spinning exports in 2017

The Egyptian Textile Export Council announced that Egyptian textile and spinning exports increased by 6% in 2017, to record $832m compared to $783m in 2016. This keeps pace with the announcement of Minister of Trade and Industry Tarek Kabil in January 2018, during the visit of President Abdel Fattah Al-Sisi to Sadat City, that Egypt …

Nihal Samir

$3.2bn increase in Egyptian exports during 10M 2017: CAPMAS

The total value of Egyptian exports during the period from January to October 2017 reached $21.1bn compared to $17.856bn a year prior, an increase of $3.236bn, according to a report issued by the Central Agency for Public Mobilisation and Statistics (CAPMAS). “The value of petroleum exports increased by $0.36bn, to reach $1.969bn, during the first …

Nihal Samir

4.8m tonnes of Egyptian agricultural exports in 2017

Egypt’s total exports of agricultural crops to different countries in 2017 increased to reach over 4. 8m tonnes, compared to 4.34m tonnes in 2016, according to an official report issued by the Ministry of Agriculture and Land Reclamation on Saturday. The report revealed that citrus fruits were the most important crops exported last year, witnessing …

Nihal Samir

Trade Ministry targets 15% increase in non-petroleum exports in 2018

Chemical and Fertilisers Export Council Chairperson Khaled Abou El Makarem revealed that the Ministry of Industry and Trade aims to increase the rate of non-petroleum exports by 15% in 2018, to record about 25.7bn. Abou El Makarem pointed out that a coordination meeting of the export councils was held two days ago with the participation …

Daily News Egypt

Ready-made garment exports increased 13% in 11 months

Exports of ready-made garments increased by 13% from January to November, registering $1.305bn compared to $1.155bn in the same period last year, according to Readymade Garments Export Council of Egypt’s monthly report. The report said that the volume of ready-made garments exports fell by 4% to reach $108m in November, compared with $112m in the …

Daily News Egypt

$421m, 9M volume of Egyptian exports to Russia in 2017

Minister of Trade and Industry Tarek Kabil announced that Egyptian exports to Russia have increased significantly by 28.5% during the first nine months of this year. He explained that the volume of Egyptian exports to Russia during the period from January to September 2017 amounted to $421m, compared to $327.5m during the same period last …

Nihal Samir

Exports of engineering industries aimed to increase to $30bn: Aboufreikha

Export Council for Engineering Industries plans to increase its exports to $30bn, said council chairperson Amr Aboufreikha. He did not specify a time frame for achieving this goal, but said the council had prepared a study on global markets and leading exporters, seeking to benefit from those experiences. Council exports now amount to $2bn a …

Daily News Egypt