US reaches "massive deal" with Japan    UK pay settlements stagnant amid inflation surge    Egyptian pound opens flat on July 23    Egypt's Sisi sends message to Burkina Faso leader on boosting ties    Egypt's current account gap narrows, but overall BoP records deficit    Egypt hosts international neurosurgery conference to drive medical innovation    World Bank proposes Egypt join new global health initiative    Egypt, India discuss expanding industrial, investment partnerships    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's exports to Lebanon increase by 65%: Minister of Industry and Trade
Published in Daily News Egypt on 10 - 01 - 2017

Minister of Industry and Trade Tarek Kabil said that Egyptian exports to Lebanon increased by 65% during 2016 compared to 2015, adding that a lot of different fields benefited from the increase.
Construction materials manufacturers benefitted most from the hike in exports, as their exports increased by 225% to record EGP 277m.
Kabil said in a statement issued on Tuesday that during a meeting with Lebanese minister of agriculture Ghazi Zaiter, who is currently visiting Cairo, both ministers discussed increasing Egypt's exports of potatoes to 60,000 tonnes compared to 57,000 tonnes in 2015 worth $57m.
Kabil emphasised the importance of enhancing cooperation between both countries, suggesting establishing a new Egyptian-Lebanese business council to help governments and investors on both sides.
He said in the statement that Egypt welcomes a proposal suggesting that Egypt pay for its imports of Lebanese apples in Egyptian pounds.
Regarding investment relations between both countries, Zaiter said that Egypt is one of the most important markets in the Middle East.
He stated that Lebanon ranked 13th in the list of countries with the highest investments in the Egyptian market.
The minister said that Lebanese investments in Egypt are worth of $2.79bn, divided among 1,342 projects in agriculture, chemical and electronic industries, poultry and fish production, and other fields.
Zaiter believes that there are a lot of promising chances for cooperation between Lebanon and Egypt, especially in agriculture.


Clic here to read the story from its source.