23 Hrs
Source:
المصدر
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26,500 new companies established
The article focused on the issuance of the first edition of the "Periodic Bulletin" by the Ministry of Investment and Foreign Trade, which highlights the ministry's indicators and performance results in the areas of investment and foreign trade during the first half of 2026. The bulletin showed that the number of new companies established reached 26,500, with issued capital amounting to 97.5 billion Egyptian pounds, representing a 20% increase in the number of companies compared to the first half of 2025 and a 12.1% rise in capital. Non-oil exports amounted to $25.5 billion, a 3% increase, while non-oil imports rose by 21% to reach $48.1 billion, resulting in a non-oil trade deficit of $20.8 billion. The report also discussed efforts to enhance foreign trade, stimulate exports, and support Egyptian companies through exhibitions, training programs, market entry facilitation, as well as the efforts of the General Administration for Export Control and Development, all aimed at improving the overall investment climate.
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