image description
image description
Tell A Friend

FinancialNews


  • 21-08-10

    Egypt's non-oil exports jump 20% in Q2

    (MENAFN) Egypt's Trade Ministry said in a statement that the country's non-oil exports rose 20 percent to $5.1 billion in the second quarter of 2010 compared to a year earlier, Reuters reported. Egypt's exports have been growing as the global economy recovers and the government says economic growth is likely to accelerate to 6.5 percent in the 2010-2011 fiscal year. Saudi Arabia was the main recipient of non-oil goods from Egypt in the quarter with $474 million worth of imports, followed by the United States, whose non-oil imports were valued at $404 million, the ministry said in the statement. The country, a modest oil and gas producer, also relies heavily on tourism, Suez Canal receipts and remittances from its workers abroad for foreign currency income.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved