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Egypt’s GASC imports 240,000 tons of Russian, Romanian wheat

CAIRO: Egypt’s state grain buyer, the General Authority for Supply Commodities (GASC), has bought 240,000 tonnes of Russian and Romanian wheat in a tender for Nov. 21-30 shipment, it said. Egypt, one of the world’s biggest importers of wheat, bought 60,000 tonnes of Russian wheat from Aston, 60,000 tonnes of Russian wheat from Olam and 60,000 tonnes of Russian wheat ... Read More »

Egyptian exports decline 19% in Sept

CAIRO: Egyptian non-petroleum exports declined by 19% from the beginning of the year to the end of September, a Tuesday statement from the Ministry of Industry & Foreign Trade indicated. Exports stood at approximately $13.9bn, down from the $17.2bn that was registered in the same period the preceding year. Meanwhile, for the month of September, exports have decreased by 28.7%, ... Read More »

Egyptian agriculture exports increase to$380m to Russia

MOSCOW: Egypt’s imports from Canada in 2014 were worth approximately $380m, says Canadian Chamber Chairman Prime Minister Sherif Ismail stressed on the importance of facilitating procedures related to increasing agricultural exports to Russia, according to a statement by cabinet spokesperson Hossam El-Kawish. Ismail said the Egyptian government is keen on completing all procedures to expand Russian contributions to large projects ... Read More »

Egypt Customs foils attempt to smuggle rare manuscripts

CAIRO: The customs officials in Cairo’s Badr city have thwarted an attempt to smuggle rare manuscripts, documents and first edition books to Qatar. “A total of 31 rare manuscripts, personal photos of Arab leaders and wedding contracts dating back to the early 1900 were seized while finalizing exporting procedures for an import and export company shipping the items to Qatar,” ... Read More »

Eygpt Customs seizes rare manuscripts

CAIRO: The customs officials in Cairo’s Badr city have thwarted an attempt to smuggle rare manuscripts, documents and first edition books to Qatar, Youm7 reported Wednesday. “A total of 31 rare manuscripts, personal photos of Arab leaders and wedding contracts dating back to the early 1900 were seized while finalizing exporting procedures for an import and export company shipping the ... Read More »

Egypt imports 180K tons of Wheat from Russia, Romania

CAIRO: The Ministry of Supply has contracted to import 180,000 tons of Romanian and Russian wheat to produce subsidized bread; the contract is the second this week, Youm7 reported. The ministry has launched a global tender, in which several local and international companies participated, where the bids were accepted according to “high quality and low price presented.” “These global tenders ... Read More »

Egyptian force foils attempt to smuggle 93 kilos of silver

CAIRO: Security forces foiled an attempt to smuggle 93 kilos of silver valued at more than 3 million EGP ($383,000) through the Cairo airport. After investigation, the forces found that two Libyans with the help of Egyptians working in EgyptAir Company tried to smuggle a large amount of silver artifacts coming from Thailand to be sold in Egypt without paying ... Read More »

Egypt Customs collection swells 19.4% to EGP 3.418bn

CAIRO: The amount of customs collected during fiscal year (FY) 2014/2015 inched up by EGP 3.418bn to record EGP 21.73bn, the Ministry of Finance announced on Saturday. The figures show an increase of 19.4% compared to the figures recorded for FY 2013/2014. The Ministry of Finance attributed this increase to the revival of economic and security stability in Egypt. The ... Read More »

Egyptian onion exports rise 19% in Jan–May 2015

CAIRO: Dr Saad Musa, chairman of the Central Administration for Agricultural Quarantine of the Ministry of Agriculture and Land Reclamation, reported that the country’s onion exports so far this year have increased significantly compared to 2014, with the trend expected to continue. This prospect is backed by the results achieved during the first five months of 2015, when a 19% ... Read More »

Eygpt authorities seize 5 tons of marijuana

CAIRO: Five tons of marijuana were seized on a boat in Hurghada, the military spokesperson announced here the other day. The drug, stored in a tourist felucca that had been reported as suspicious, was confiscated along with 95 mobile phones. No persons were on the boat at the time. Navy forces are combing the cost to search for the persons ... Read More »

Egyptian force to destroy smuggling tunnels

CAIRO: Egyptian forces on Friday pumped sea water into underground tunnels used to smuggle goods into the Gaza Strip. Egypt’s aim was to destroy the tunnels, which are believed to be used to smuggle food, medicine and construction materials into the besieged Gaza Strip. The Cairo government has for years been trying to get rid of the tunnels, which extend ... Read More »

Customs foils attempt to smuggle 1377kg copper at Libyan border

CAIRO: Customs forces in Sallum village, east of the border with Libya, foiled an attempt to smuggle Egyptian currency and copper. By searching a vehicle coming from Libya,  more than a ton of copper of 80,000 EGP ($10,227) were found and seized. Also, in an attempt to smuggle cash, customs found 39,000 EGP with a lorry driver heading to Libya. ... Read More »

Eygpt Customs foils attempt to smmugle currency, copper

CAIRO: Customs forces in Sallum village, east of the border with Libya, foiled an attempt to smuggle Egyptian currency and copper, media reported here the other day. By searching a vehicle coming from Libya,  more than a ton of copper of 80,000 EGP ($10,227) were found and seized. Also, in an attempt to smuggle cash, customs found 39,000 EGP with ... Read More »

Egypt customs foils smuggling 39K EGP, 1377kg of copper

CAIRO: Customs forces in Sallum village, east of the border with Libya, foiled an attempt to smuggle Egyptian currency and copper, Youm7 reported. By searching a vehicle coming from Libya, more than a ton of copper of 80,000 EGP ($10,227) were found and seized. Also, in an attempt to smuggle cash, customs found 39,000 EGP with a lorry driver heading ... Read More »

3 Red Sea ports reopen after improvement in weather

EGYPT: Three Red Sea ports reopened after improvement in weather, Spokesman for the Red Sea Ports Authority Abdel Rahim Moustafa said on Thursday. The Safaga, Hurghada and Zaytyat and Ain Sokhna harbors have been closed due to sand storms, he added. The Red Sea Ports Authority decided to reopen the ports of Zaytiyat, Adabiya, and Port Tawfiq in Suez after ... Read More »

Egypt closes four ports in Suez due to sandstorm

CAIRO: Egypt’s state news agency says authorities have closed four ports in the Suez governorate because of poor visibility due to a sandstorm gripping the Middle East. Egypt’s state news agency MENA quotes the General Authority for Red Sea Ports as saying visibility in the area was reduced to less than 1,500 meters (just under 1 mile) Wednesday morning. MENA ... Read More »

Egyptian rice export resumes with 1m tones/y limit

CAIRO: The Egyptian government has resumed rice exports of 1m tonnes per year, the Federation of Egyptian Industries (FEI) announced on Thursday. In an statement to thank the government for responding to their demand, the FEI explained that Egypt produces 4m tonnes of rice per year, with the market consuming 3m tonnes. However, Ministry of Agriculture figures said that Egypt’s ... Read More »

Shipping company Maersk Line expects gains from Egypt’s new Suez Canal

COPENHAGEN: One of the world’s biggest container shipping companies sees possible efficiency gains from the expansion project. (AFP/File)One of the world’s biggest container shipping companies sees possible efficiency gains from the expansion project. Maersk Line, one of the world’s biggest container shipping companies, sees possible efficiency gains from the new Suez Canal expansion project. “We have not made any calculations, ... Read More »

Russia plan to boost grain exports to Egypt

MOSCOW: Russia plans to boost grain exports to Egypt, the biggest wheat importer, according to Russian President Vladimir Putin. Russia, the third-largest wheat exporter, shipped 4 million tonnes of the cereal to the North African country last year, or 40% of consumption, Putin said Aug. 26 after talks with Egyptian President Abdel-Fattah El-Sisi in Moscow, Russia. Exports of grains, which ... Read More »

Egypt expects to export 2.7m tonnes white rice in 2015-2016

CAIRO: Egypt will ban rice exports again as of Sept. 1. to satisfy domestic consumption, the ministry of trade and industry said on Thursday. Egypt is expected to produce 2.7 million tonnes of white rice in the 2015-2016 season while its annual consumption is estimated at 3.6 million tonnes. The 750,000-tonne gap will be filled by stocks, the ministry said ... Read More »