{"id":632137,"date":"2018-02-04T04:15:10","date_gmt":"2018-02-04T04:15:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/"},"modified":"2018-02-04T04:15:10","modified_gmt":"2018-02-04T04:15:10","slug":"eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/","title":{"rendered":"Eastern Company plans to double exports next year to boost FX income, cover costs"},"content":{"rendered":"

Eastern Company is planning to double its exports next year in order to boost its foreign currency revenues, sources tell Youm7<\/a>. The company will target markets in Africa and the GCC primarily, they said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eastern Company is planning to double its exports next year in order to boost its foreign currency revenues, sources tell Youm7. The company will target markets in Africa and the GCC primarily, they said.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632137","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"5e36f97c-66df-444d-99a4-fb8bdefb1681","order":"0","is_powered_by":true,"section_story_id":"de2e26aa-17d7-4095-b14a-4995c5ae0379","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632103],"teaser":"","voice_url":""},"yoast_head":"\nEastern Company plans to double exports next year to boost FX income, cover costs - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eastern Company plans to double exports next year to boost FX income, cover costs\" \/>\n<meta property=\"og:description\" content=\"Eastern Company is planning to double its exports next year in order to boost its foreign currency revenues, sources tell Youm7. The company will target markets in Africa and the GCC primarily, they said.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-04T04:15:10+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Eastern Company plans to double exports next year to boost FX income, cover costs\",\"datePublished\":\"2018-02-04T04:15:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/\"},\"wordCount\":48,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/\",\"name\":\"Eastern Company plans to double exports next year to boost FX income, cover costs - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-02-04T04:15:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Eastern Company plans to double exports next year to boost FX income, cover costs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Eastern Company plans to double exports next year to boost FX income, cover costs - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/","og_locale":"en_US","og_type":"article","og_title":"Eastern Company plans to double exports next year to boost FX income, cover costs","og_description":"Eastern Company is planning to double its exports next year in order to boost its foreign currency revenues, sources tell Youm7. The company will target markets in Africa and the GCC primarily, they said.","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-02-04T04:15:10+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Eastern Company plans to double exports next year to boost FX income, cover costs","datePublished":"2018-02-04T04:15:10+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/"},"wordCount":48,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Basic Materials + Commodities","EnterpriseAM"],"articleSection":["Basic Materials + Commodities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/","name":"Eastern Company plans to double exports next year to boost FX income, cover costs - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-02-04T04:15:10+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/eastern-company-plans-to-double-exports-next-year-to-boost-fx-income-cover-costs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Eastern Company plans to double exports next year to boost FX income, cover costs"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":591800,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/confectionery-covertina-eyes-33-growth-in-exports-end-of-2020\/","url_meta":{"origin":632137,"position":0},"title":"Confectionery Covertina eyes 33% growth in exports end of 2020","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"The Eastern Company for Manufacturing of Sweets & Chocolate (Covertina) aims to grow its exports by 33% by the end of next year, export manager Karim Fikry told the local press. The company is currently exporting 17% of its output to African and Middle Eastern countries and plans to enter\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646560,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/18\/food-export-council-preparing-strategy-to-boost-exports\/","url_meta":{"origin":632137,"position":1},"title":"Food Export Council preparing strategy to boost exports","author":"enterpriseam admin","date":"18 June 2017","format":false,"excerpt":"The Food Export Council is working on a strategy to further increase Egypt\u2019s food exports and boost their competitiveness over the next three years, council chairman Hani Berzi said. The strategy, which the council is preparing in cooperation with the Industrial Modernization Center, will be complete in four months.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641093,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/pyramids-looks-to-expand-exports-to-the-uk-germany-and-eastern-europe\/","url_meta":{"origin":632137,"position":2},"title":"Pyramids looks to expand exports to the UK, Germany and Eastern Europe","author":"enterpriseam admin","date":"12 September 2017","format":false,"excerpt":"Pyramids for Agro Industries is looking to increase its exports by 50% to USD 15 mn in part by tapping into the UK, Germany and Eastern Europe, according to Al Borsa. Chairman Hamdy Soliman said the firm exports to China, India, the UAE, Kuwait, Russia, Greece, and Italy.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593434,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/","url_meta":{"origin":632137,"position":3},"title":"Egypt scraps minimum price for cotton exports","author":"enterpriseam admin","date":"27 November 2019","format":false,"excerpt":"The Holding Company for Spinning and Weaving is scrapping a decision from October 2018 that set a minimum price for cotton exports, company Chairman Ahmed Mostafa said, according to Al Mal. The decision led companies to claim sales at the minimum price, while charging customers different prices to remain competitive.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604380,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/02\/edita-eyes-10-growth-in-exports-over-the-next-two-years\/","url_meta":{"origin":632137,"position":4},"title":"Edita eyes 10% growth in exports over the next two years","author":"enterpriseam admin","date":"2 December 2018","format":false,"excerpt":"Edita is planning to grow its exports by 10% over the next two years, CEO and Chairman Hani Berzi said, according to Al Shorouk. The company has an \u201cambitious\u201d plan in place to expand its footprint in local and international markets, Berzi said.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591801,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/egyptian-cheesemaker-obourland-plans-to-raise-exports-to-usd-5-mn-in-3-years\/","url_meta":{"origin":632137,"position":5},"title":"Egyptian cheesemaker Obourland plans to raise exports to USD 5 mn in 3 years","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"Dairy producer Obourland aims to bring its exports to USD 5 mn in three years,the companysaid in a statement (pdf). The company said its planned export increase will be supported largely by its juice products, but did not specify which export markets it is targeting.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=632137"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632137\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632103"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632137"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632137"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}