Arab Finance: Egypt’s trade deficit grew by 18.3% year on year (YoY) in July, reaching $4.6 billion, versus $3.89 billion, data from the Central Agency for Public Mobilization and Statistics (CAPMAS) showed.

The increase in the deficit was driven by a 14.9% YoY rise in imports, which amounted to $8.14 billion, compared to $7.08 billion in July 2023.

Meanwhile, exports also saw growth of 10.7% last July, valuing at $3.54 billion , versus $3.2 billion in the same month of 2023.

Cabinet ratifies draft on Egypt-Oman’s Regular Air Services agreement Updated 10/16/2024 3:54:00 PM

Egypt, ICARDA sign MoU to exchange expertise Updated 10/16/2024 1:58:00 PM

Egypt, UK seal MoU in food security field Updated 10/16/2024 1:38:00 PM

Egypt, Schneider mull electricity distribution governance, service quality improvement Updated 10/16/2024 1:14:00 PM

Supply Ministry reactivates ration cards under electricity practice system Updated 10/16/2024 10:45:00 AM