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trade

Export Development Fund distributed LE27B to immediate payment initiative

The total amount disbursed from the fund was said to be around LE 27 billion since the launch of the government's initiatives to pay the overdue dues to the exporting companies

Egypt’s ready-to-wear council looking to increase exports, exports up 36% in first 5M

The RMGEC announced that the sector’s exports increased 36 percent during the period from January to April 2021 to record $588 million, compared to $433 million during the same period last year

New export burdens program includes additional 50% for exports to Africa: TradeMin

The program is part of the ministry’s strategy to double exports and bring in around $100 billion annually

Non-oil exports climb 50% in May, 19% in first 5 months of 2021: TradeMin

Egypt’s non-oil exports saw a climb of 50 percent in May 2021, recording an increase of $765 million to total at $2.28 billion

Only 1.5% of importers registered on ACI System, set to be mandatory on July 1

Despite a request by Beshay’s division in May for an extension, importers must register on the platform by the 1st of July