Business

Minister: Scaling up exports to $100b is a priority

Khatib has said such a target can be achieved by promoting export-orientated investments, enhancing the competitiveness of Egyptian products in global markets, opening new markets, leveraging free and preferential trade agreements, as well as utilisin…

13,000 tons of goods handled at Red Sea Ports

About 13,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.

In a statement, the RSPA said the imports included 5,000 tons of goods, 342 trucks and 165 cars, while the exports included …

Egyptian abroad remittances record $2.7B in May 2024: CBE

During May 2024, remittances sent by Egyptians working overseas experienced a substantial annual increase of 73.8 percent, totaling approximately $2.7 billion.

In comparison, the remittances in May 2023 amounted to around $1.6 billion, as reported by…

Dhaman: Kuwait ranks 5th in largest exports in Arab region list

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) said on Monday that Kuwait was ranked fifth in Dhaman’s largest exports in the Arab region 2023 list in the 39th report of Investment Climate in Arab Countries for 2024.

In a press …