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Import
Egypt increases customs exchange rate again
The Customs Authority yesterday raised the USD customs exchange rate to EGP 18.65 from EGP 17.00 in May, it said in a statement.
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CBE, Trade Ministry mull fresh relief for importers
The Central Bank of Egypt and Trade and Industry Ministry could allow importers who are not able to retrieve a Form 4 customs document to pay six-month open letters of guarantee in exchange for the…
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Egypt approves exceptional measures to ease releasing imports
Egypt’s Finance Minister Mohamed Maait said that a package of exceptional measures has been approved to facilitate the release of imports and to ease burdens on investors and importers amid the…
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Acting Governor, discuss ways to exempt production equipment imports from letter of credit system
Egypt's Prime Minister Mostafa Madbouly has followed up on the steps taken to implement a decision to exempt the importers of production equipment from having to use the Central Bank of Egypt’s (CBE)…
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Libya didn’t reject any Egyptian shipment, Agriculture ministry denies rumors
Egypt's Ministry of Agriculture and Land Reclamation did not receive official rejection of its exported agricultural shipments from the Libyan authorities, the ministry said in a statement on…
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Egypt purchases 240,000 tons of Russian wheat
Egypt's General Authority for Supply Commodities (GASC) has signed a contract to purchase 240,000 tons of Russian wheat.
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Egypt, Sudan trade exchange posts $1.1bn in 2021
Trade exchange between Egypt and Sudan reached $1.165 billion in 2021, compared to $725 million in 2020.
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Egypt’s trade deficit down by 39.7% during March
Egypt’s trade deficit decreased by 39.7%, according to the Central Agency for Public Mobilisation and Statistics’ (CAPMAS) monthly Foreign Trade Data Bulletin for March 2022.
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Egypt committed to supporting multilateral trading system: Gamea
Minister of Trade and Industry Nevine Gamea expressed Egypt’s full commitment to supporting the multilateral trading system and activating its role in facing the current global economic challenges.…
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Egypt receives 63,000 tons of French wheat at Safaga sea port
Egypt’s Safaga Port received on Sunday a French wheat shipment of 63,000 tons for the General Authority for Supply Commodities (GASC), the Port authority announced.
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