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Trade

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2 January 05:43 PM Oman's non-oil exports to Saudi Arabia surge 25.5%
Riyadh – Mubasher: Non-oil exports from Oman to Saudi Arabia climbed by 25.50% to OMR 774 million year-on-year (YoY) until September 2023, according to the Omani Ministry of Commerce, Industry, and Investment Promotion (MoCIIP). Jassim bin Saif Al …
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26 December 2023 05:02 PM Kuwait's Q2-23 trade deficit with GCC shrinks to lowest level since Q1-22
Mubasher: Kuwait's trade deficit with the GCC countries dropped in the second quarter (Q2) of 2023 to its lowest level since Q1-22 when it recorded KWD 262.30 million, driven by higher exports and lower imports. Kuwait registered a trade deficit …
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7 December 2023 04:14 PM Egypt’s trade deficit exceeds $3bn in September 2023 – CAPMAS
Cairo – Mubasher: The trade balance value of Egypt witnessed a deficit amounting to $3.14 billion in September 2023, which marked a 10.3% annual increase from $2.84 billion, according to the monthly data by the Central Agency for Public …
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9 April 2023 11:34 AM Egypt’s exports to Cyprus hike 69% in 2022
Cairo – Mubasher: Egypt exported goods worth $76 million to Cyprus in 2022, an annual surge of 68.80% from $45 million, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The African state’s imports from the island …
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4 April 2023 03:04 PM Egypt-Saudi Arabia trade exchange up 13.5% in 2022
Cairo – Mubasher: The value of bilateral trade between Egypt and Saudi Arabia rose by 13.50% to $10.30 billion in 2022 from $9.10 billion, Ahram Gate cited the Central Agency for Public Mobilization and Statistics (CAPMAS). The Arab Republic …
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28 March 2023 05:58 PM ITFC enters USD-agreements for Egyptian women, Palestinian crafts
Riyadh – Mubasher: The International Islamic Trade Finance Corporation (ITFC), on behalf of the Aid for Trade Initiative for Arab States (AfTIAS 2.0) Program, penned two agreements at a total value of $725,000 to endorse Egyptian women and …
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19 March 2023 01:32 PM Egypt-Turkey trade exchange jumps 14% in 2022 – CAPMAS
Cairo – Mubasher: The value of bilateral trade between Egypt and Turkey rose by 14% year-on-year (YoY) to $7.70 billion in 2022 from $6.70 billion. The Arab Republic’s exports to Turkey hit $4 billion in the January-December 2022 period, an annual …
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23 February 2023 05:02 PM Egypt-Saudi Arabia bilateral trade hits $9.5bn in 11 months
Cairo – Mubasher: The trade exchange value between Egypt and Saudi Arabia amounted to $9.50 billion during the first 11 months (11M) of 2022, an annual increase of 19.10% from $7.90 billion. Egypt exported goods worth $2.20 billion to Saudi Arabia …
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23 February 2023 03:30 PM Egypt to receive 240k tonnes of Russian wheat next April
Cairo – Mubasher: Egypt's General Authority for Supply Commodities (GASC) will purchase 240,000 tonnes of Russian wheat, the Ministry of Supply and Internal Trade announced on Thursday. The wheat amount, which is expected to arrive in Egypt next …
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22 February 2023 01:46 PM Saudi Arabia’s merchandise exports up 1.1% in December 2022
Riyadh – Mubasher: The Saudi merchandise exports rose by 1.10% YoY in December 2022 to SAR 108.20 billion from SAR 107 billion, based on data from the General Authority for Statistics (GaStat). The growth was mainly backed by an annual increase of …
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31 January 2023 11:16 AM Egypt-US trade exchange rises to $8bn in 10M-22
Cairo – Mubasher: The value of bilateral trade between Egypt and the US amounted to $8 billion in the first 10 months (10M) of 2022, an annual growth of 12.20% from $7.20 billion. The US received Egyptian exports worth $2 billion in 10M-22, down …
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15 January 2023 03:15 PM Egypt’s trade deficit jumps 21% in October – CAPMAS
Cairo – Mubasher: Egypt's balance of trade deficit surged by 21.10% year-on-year (YoY) to $3.58 billion in October 2022 from $2.95 billion, Ahram Gate cited the Central Agency for Public Mobilization and Statistics (CAPMAS). Exports  Egypt …
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11 January 2023 05:51 PM Egypt’s customs authority collects over EGP 7.64bn from 2 ports in December
Cairo – Mubasher: The Egyptian Customs Authority registered approximately EGP 7.65 billion worth of customs duties, taxes, and other charges from the ports of Suez and Port Said in December 2022, Ahram Gate reported. Suez Port Suez Port collected …
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20 December 2022 02:51 PM Egypt-Kuwait trade exchange records $401m in 11M-22
Cairo – Mubasher: Trade exchange between Egypt and Kuwait reached $401 million during the first eleven months (11M) of 2022, Egypt's Minister of Trade and Industry, Ahmed Samir, said.   In 2021, trade exchange between the two nations amounted to …
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18 December 2022 02:51 PM Egypt records 46.3% higher medical, pharmaceutical exports in 8M-22
Cairo – Mubasher: Exports of Egypt’s medical and pharmaceutical sector hit $632 million during the period from January to August 2022, a year-on-year (YoY) surge of 46.30% from $432 million, Akhbar El-Yom reported. In the meantime, the country’s …
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18 December 2022 09:44 AM Trade exchange between Egypt, Kenya reaches $550m in 2021
Cairo – Mubasher: Trade exchange between Egypt and Kenya is witnessing continuous growth and amounted to $550 million last year. The statement was made by Kenya’s Ambassador to Egypt, Ayub Matiiri, on the margin of Kenya’s 59th Independence Day …
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18 December 2022 09:39 AM Egypt's food exports grow to $3.5bn in 10M-22
Cairo - Mubasher: Egypt's food exports edged up by 0.50% or $17 million during the first ten months (10M) of 2022, Akbar El-Yom reported. Food exports of the Arab world’s most populous nation reached $3.49 billion in 10M-22, compared to $3.47 …
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15 December 2022 10:10 AM Egypt-US trade exchange rises to $7.3bn in 9M-22
Cairo – Mubasher: Trade exchange between Egypt and the US surged by 13.40% year-on-year (YoY) during the first nine months (9M) of 2022 to $7.30 billion, compared to $6.50 billion, Akhbar El-Yom cited the Central Agency for Public Mobilization and …
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13 December 2022 02:54 PM Egypt, Arab countries trade exchange soars by over 18% in 9M-22
Cairo – Mubasher: Trade exchange between Egypt and Arab countries hit $21.90 billion during the first nine months (9M) of 2022, a year-on-year (YoY) rise of $3.50 billion, Akhbar El-Yom cited the Central Agency for Public Mobilization and …
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13 December 2022 02:54 PM Egypt, Arab countries trade exchange soars by over 18% in 9M-22
Cairo – Mubasher: Trade exchange between Egypt and Arab countries hit $21.90 billion during the first nine months (9M) of 2022, a year-on-year (YoY) rise of $3.50 billion, Akhbar El-Yom cited the Central Agency for Public Mobilization and …
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13 December 2022 02:43 PM Egypt-China trade exchange hits $12.7bn in 9M-22
Cairo – Mubasher: The value of bilateral trade between Egypt and China grew by 9.80% to $12.70 billion in the first nine months (9M) of 2022, compared to $11.90 billion in 9M-21. Egyptian exports to China amounted to $1.50 billion in 9M-22, higher …