22 Hrs
Source:
بوابة الشروق
Source: بوابة الشروق
22 Hrsبوابة الشروق
Source: بوابة الشروق
22 HrsReady to play
Ready to play
Minister of Investment Mohamed Fareer Saleh confirmed that non-oil exports represent Egypt's largest dollar source, reaching $48.7 billion last year. He highlighted targeted efforts to improve export performance through system automation and expanding the exporter base. He pointed out that non-oil imports amounted to approximately $82.7 billion, resulting in a trade deficit of $34.2 billion, which is offset by foreign direct investment flows and remittances from Egyptians abroad. He explained that the high concentration of exports is limited to just 100 to 200 companies, with efforts underway to raise awareness, broaden the exporter base, and simplify procedures for responding to export burdens. Additionally, he emphasized the strength of trade relations with countries such as the UAE, Saudi Arabia, the United States, and Turkey.
Notice: This Is an AI-Generated Summary
Comments (0)