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Egypt's Minister of Investment and Foreign Trade, Mohamed Saleh, met with India's Ambassador to Cairo, Suresh K. Reddy, to explore ways of strengthening bilateral economic, trade, and investment relations. The talks covered priority issues for advancing industrial cooperation and leveraging Egypt's strategic position. Both sides emphasized joint efforts toward shared economic goals.

30 मार्च 2026 AI द्वारा रिपोर्ट किया गया

Damietta Port has launched a new transit service for refrigerated and dry cargo from Europe via a Ro-Ro line connecting it to Italy's Port of Trieste. Shipments will move onward to Safaga Port on the Red Sea and then to Gulf markets. The initiative supports Egypt's strategy to become a regional hub for transport and transit trade.

Shipments of permanent magnets from China to the US totalled 994 tonnes in January and February, down nearly 22.5 per cent year on year, according to data from China’s General Administration of Customs. This marks the seventh consecutive month of decline, while exports to the EU rose 28.4 per cent to 4,775 tonnes.

20 मार्च 2026 AI द्वारा रिपोर्ट किया गया

At the Celac-Africa High-Level Forum, Trade, Industry and Tourism Minister Diana Marcela Morales highlighted a US$401 million trade surplus with Africa at the end of 2025, a 73% increase from the previous year. Morales stressed the potential of economic ties with the continent and concrete progress in that area.

Egypt’s ready-made garments sector recorded an 11% year-on-year export rise in January 2026, reaching $299m compared to $270m the previous year, according to the Apparel Export Council of Egypt (AECE).

16 मार्च 2026 AI द्वारा रिपोर्ट किया गया

US and Israeli forces struck Iran on February 28, prompting Iran's Islamic Revolutionary Guard Corps to declare the Strait of Hormuz unsafe for commercial passage. Vessel traffic fell by roughly 70% within hours. The closure compounds pressures on fashion supply chains already strained by Red Sea disruptions, tariffs, and rising freight costs.