Egypt’s agricultural exports fell by USD 90 mn y-o-y to register USD 2 bn in the 10-month period from September 2016 to June 2017, Al Mal reports. The head of the agricultural exports council says the drop is caused by the restrictions on Egyptian produce imports imposed by some countries as well as price competition from other producers. Oranges and potatoes were among the top exports, one source tells the newspaper.
More from Enterprise
CIB says it received the green light to start due diligence on HSBC Egypt’s retail franchise
CIB is not the only potential suitor for HSBC’s retail…
Retail investors now have direct access to five EFG Hermes mutual funds
The move is the latest step in EFG Hermes’ push…
Under-construction data centers tap ratings to fund AI buildup
Developers are securing investment-grade ratings to unlock new pools of…
Bahrain’s Beban eyes Egypt launch with equity crowdfunding model
Mohamed Aboulnaga’s Foras AI raises stake as Beban seeks FRA…