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Egypt Starts Second Export Phase in Port Said
The Ministry of Investment and International Trade in Egypt, headed by Dr. Mohamed Fared Saleh, launched the second round of the "Egypt Taking Off with Export" initiative in Port Said, aiming to identify the needs of local companies and achieve an increase in exports. The initiative involved 126 companies from the textile, engineering, chemical, food, and construction sectors, serving as a follow-up to the first round, which was launched in the Gharbia Governorate. The minister emphasized the importance of the initiative in enhancing the competitiveness of Egyptian products by directly reaching companies at their locations, especially since the top 50 exporting companies account for 43% of total Egyptian exports, valued at $91.6 billion, while the largest 2,000 companies hold 92% of the total value. Port Said is considered one of the governorates with a strong export foundation, with exports amounting to approximately $6.7 billion between January 2021 and May 2026, supported by an industrial infrastructure, port facilities, and logistical services that bolster export activities.
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