The Egyptian Red Sea Ports Authority reports a 26.19% year-on-year (YoY) increase in cargo handling rates in 2024, reaching 8.136 million tons.

Egypt has released goods with a value exceeding $79 billion during the period from January 2024 to January 8th.

The Central Bank of Egypt (CBE) has instructed banks for the first time in two months to allocate dollars for letters of credit (LC) concerned with importing non-essential goods that require pre-approval.

The total value of goods and merchandise released at Egyptian ports from the beginning of 2024 until the end of July reached $34 billion.

The Egyptian government has released essential goods worth over $17 billion at ports since April, Minister of Finance Mohamed Maait announced.

The Egyptian government has released goods worth $14.2 billion at ports during the period from April 1st to June 2nd.

The Egyptian trade deficit has witnessed an uptick of 0.7% during February, reaching $2.73 billion, Asharq Business reported, citing data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

The Egyptian government has released essential goods worth over $8 billion at ports since March, Minister of Finance Mohamed Maait announced.

The Central Bank of Egypt (CBE) is considering penalties on importers who refrained from moving their goods from ports despite arranging the necessary funds in foreign currency.

The Egyptian government has released essential goods worth $14.5 billion at ports since the beginning of this year, Minister of Finance Mohamed Maait announced during an open dialogue with press and media figures about the new budget for the upcoming fiscal year (FY) 2024/2025.

The Egyptian government has released essential goods worth $1.7 billion at ports in the last 10 days.

The value of the accumulated goods at the Egyptian ports amount to around $6 billion currently, including petroleum products.

The Egyptian government has released goods worth $12 billion at ports year to date, as per a cabinet statement.

Egyptian Prime Minister Mostafa Madbouly has directed the government to set a plan for the gradual customs release of goods at ports.

The Egyptian government has released goods worth $72.4 billion at ports during the period from January to December 26th, of which strategic goods worth $19.1 billion, and supplies and raw materials for production worth $33.3 billion, the Ministry of Finance announced.

Arab Finance: The Egyptian government has released goods worth $63 billion at ports during the period from January to November, the Chairman of Egypt Customs El-Shahat Al-Ghatouri Authority said.

The Egyptian government has released goods worth $56.7 billion at ports during the period from January to mid-October, Minister of Finance Mohamed Maait revealed.

The Egyptian government has released goods worth $53.7 billion at ports during the period from January 1st to September 30th.

Imported goods and products worth around $32 billion received customs clearance at various Egyptian ports and outlets in the past five months.