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Egypt: Non-Oil Exports Soar to $7.4 Billion in Q1 2021

Egypt: Non-Oil Exports Soar to $7.4 Billion in Q1 2021
albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.

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Egypt's non-oil exports rise to $7.4bn in Q1 2021


CAIRO: Egypt’s non-oil exports rose 7.2 percent in the first quarter of 2021 compared to the same period last year, reaching $7.4 billion, said Trade and Industry Minister Nevin Jameh.
“This tangible increase came despite the current circumstances related to the coronavirus crisis that the whole world is suffering from, thanks to the efforts made by the government to support the production and export sectors during the crisis,” she added.
Egyptian imports saw a slight increase in the first quarter of 2021 to $16.9 billion, compared to $16.67 billion in the same period last year.
Jameh said these positive indicators contributed to achieving a 1 percent decrease in the trade balance deficit to $9.5 billion, compared to $9.6 billion in the same period last year. ....

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Can Turkey and Egypt break the ice after years of chilly relations?


Can Turkey and Egypt break the ice after years of chilly relations?
Sinem Cengiz
March 05, 2021 23:36
Turkish Foreign Minister Mevlut Cavusoglu speaks during a news conference in Tirana, Albania, February 12, 2020. (Reuters)
Short Url
https://arab.news/4hrum
There are many examples to be found throughout the history of international relations of occasions when regional or global changes prompted states to adjust their foreign policies by placing the national interest ahead of ideology.
At a time of increased competition for power in the Eastern Mediterranean, the Middle East and the Horn of Africa, and as the recent change of administration in Washington begins to affect the Middle East, countries in the region have started looking for ways to reach out to each other despite their many differences. ....

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