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FINANCIAL NEWS
Egypt’s imports drop by 1.8 percent
10 Jul 2016
(MENAFN) Imports dropped by 1.8 percent in the March-May period of this year, posting USD5.750bn, compared to USD5.856bn in the same period of 2015.
Furthermore, there was a 17.9 percent drop in wheat imports, from USD737mn to USD605mn; corn imports declined from USD464mn to USD429mn.
Additionally, car imports decreased by 16.2 percent, from USD573mn to USD493mn and mobile phone imports declined from USD465mn to USD440mn.
Meanwhile, pharmaceuticals imports increased from USD508mn to USD518mn, a 1.9 percent increase, while iron products showed growth by more than USD1bn.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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