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trade

Egyptian non-oil exports up 27.1% in 2021

As the largest importer of non-oil commodities from Egypt, the US imported a total of 8.6% of Egypt’s exports worth $665.1 million in Q3 2021

Egyptian engineering exports expected to rise 20% in 2022 | EEC Head

El-Sayed expects higher climbs of around 40-50%, if some factors are taken into consideration

Suez Economic Zone to launch ship and marine services soon | SCZone Chairperson

The zone is currently putting the final touches to activate these services and studying related offers

Egypt’s export subsidies initiative opens for new submissions on Jan 30

Implemented in collaboration with the banking system and participating banks, the initiative allows instant and cash repayment of the entirety of export companies’ arrears from the Export Development Fund at a discount of 15%

Egypt’s trade balance deficit fell 12.5% in October 2021 | CAPMAS

The agency’s previous report noted that the country’s trade balance deficit fell 22.5% in September 2021