Page 6 - Omar Assi News Today

The dollar's exchange rate surpassed EGP 23 in banks this Thursday (27). Business people are waiting for exchange rate stability to restore the prices of products, especially imports.

This week, a conference in Egypt between government and private sector representatives resulted in a document with guidelines for progressing the local economy.

Egypt’s Statistical Authority issued a report on people over 60 on the occasion of the International Day of Older Persons.

The Arab Brazilian Chamber of Commerce signed a cooperation protocol with the Arab Union of Customs Executives this week in Cairo.

The Arab Brazilian Chamber regional director in Egypt presented Brazil and its population’s purchasing power to business people in the Arab country in a seminar organized by ExpoLink.

Egyptian Mahmoud Mohieldin participated in the Latin American regional forum in preparation for COP27 last week. Discussions sought to facilitate projects and financing.

The Egyptian fertilizer industry aims to increase Brazilian market sales through direct sales.

Egyptian fertilizer company plans to expand capacity and portfolio. Entering the Brazilian market is one of Green Magic’s goals.

The Egyptian government launched a strategy to save energy in the country. The goal is to generate more natural gas surplus for exports, favoring the inflow of foreign currency.

The Arab country obtained USD 19.3 billion in revenue from shipments of non-oil products. Chemicals and fertilizers accounted for 22% of the total.