imports

Foreign currency reserves can cover 6 months of imports: CBE
Business

Foreign currency reserves can cover 6 months of imports: CBE

The foreign currency reserves at the Central Bank of Egypt (CBE) are able to cover Egypt's imports for a period…
Poultry prices continue to rise, 1kg costs LE44
Business

Poultry prices continue to rise, 1kg costs LE44

Poultry prices continued to rise in Egypt markets yesterday, with 1kg of frozen poultry costing LE44, and 1kg of live…
Egypt eases strategic grains import regulations
Business

Egypt eases strategic grains import regulations

Egypt, the world's largest grain importer, is streamlining its import procedures and establishing a registry of companies that will inspect…
Egypt sharply increases customs duties as it seeks to curb imports
Egypt

Egypt sharply increases customs duties as it seeks to curb imports

Egypt has sharply raised customs duties on more than 300 goods, to 60 percent for many items, to encourage domestic…
First shipment of shortage drugs arrives in Egypt within 2 days – Health Ministry
Egypt

First shipment of shortage drugs arrives in Egypt within 2 days – Health Ministry

The first shipment of shortage drugs will arrive in Egypt within two days at most, the spokesperson for the Ministry of…
Egypt delays third LNG terminal until electricity needs determined – official
Business

Egypt delays third LNG terminal until electricity needs determined – official

Egypt will delay plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry…
FEDCOC calls for halt to importation of non-essential goods
Business

FEDCOC calls for halt to importation of non-essential goods

The Federation of Egyptian Chambers of Commerce (FEDCOC) has called for a rationalization of imports over the next three months,…
Egypt exports to Nile Basin countries up by 14.8%: CAPMAS
Business

Egypt exports to Nile Basin countries up by 14.8%: CAPMAS

Egypt's exports to the Nile Basin countries in 2015 rose by 14.8 percent compared to 2014, according to the Central…
Strapped for dollars and flooded with rice, Egypt to import more anyway
Business

Strapped for dollars and flooded with rice, Egypt to import more anyway

Egypt is looking to import large quantities of rice this month as farmers refuse to sell the government their crops…
Govt mulls $10 bn import restrictions to correct balance of payments
Business

Govt mulls $10 bn import restrictions to correct balance of payments

A government source close to negotiations between Egypt and the International Monetary Fund (IMF) said on Monday that the government…
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