
Egypt's Petroleum Exports Surge 74.3% ... Ready-Made Garments, Fertilizers See Significant Growth
Egypt's exports witnessed impressive growth in April 2025, with key sectors posting notable increases, according to the Central Agency for Public Mobilization and Statistics (CAPMAS),
The petroleum products exports stood out with a remarkable surge of 74.3%, reaching $403.1 million in April 2025, compared to $231.2 million in the same month of 2024. This uptick reflects both stronger global demand and improved production dynamics within Egypt's petroleum sector.
In addition, ready-made garments saw a notable rise in exports, increasing by 24.7% to $223.1 million in April 2025, up from $178.9 million in the previous year. This growth aligns with Egypt's efforts to boost its textile and apparel manufacturing sector, which has become a key player in the country's export strategy.
The fertilizer sector also posted strong results, with exports increasing by 18.4% to $206.9 million in April 2025, compared to $174.8 million in April 2024. Fertilizers remain a staple of Egypt's agricultural exports, supporting both regional and international demand for high-quality agricultural products.
Moreover, processed food products, including pasta and other prepared foods, saw a 51.4% increase in exports, reaching $198.4 million in April 2025, compared to $131 million in April 2024. This significant growth reflects Egypt's expanding role in the global food market, as the country continues to leverage its agricultural and food-processing capabilities.
On the whole, Egypt's total exports grew by 19.8% in April 2025, amounting to $4.10 billion, up from $3.43 billion during the same period in 2024. This increase in overall exports underscores the resilience of the Egyptian economy and its ability to tap into diverse markets across multiple sectors.
read more
CBE: Deposits in Local Currency Hit EGP 5.25 Trillion
Morocco Plans to Spend $1 Billion to Mitigate Drought Effect
Gov't Approves Final Version of State Ownership Policy Document
Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister
Qatar Agrees to Supply Germany with LNG for 15 Years
Business
Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves
Business
Suez Canal Records $704 Million, Historically Highest Monthly Revenue
Business
Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday
Business
Wheat delivery season commences on April 15
News
Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters
Arts & Culture
"Jurassic World Rebirth" Gets Streaming Date
News
China Launches Largest Ever Aircraft Carrier
Sports
Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer
Videos & Features
Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Arts & Culture
South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle
News
"Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence"
Sports
Get to Know 2025 WWE Evolution Results
News
Flights suspended at Port Sudan Airport after Drone Attacks
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


See - Sada Elbalad
42 minutes ago
- See - Sada Elbalad
Al-Mashat Discusses Efforts to Drive Green Transformation with Africa Finance Corporation and Infinity Power
Yara Sameh H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, held a meeting with Mr. Mokhtar Abul Ata, Head of Business Development for North Africa at Infinity Power, and Mr. Eli Aluko, Investment Director at AFC Asset Management, Affiliated with the Africa Finance Corporation, to discuss enhancing joint cooperation efforts to promote green transformation and develop sustainable infrastructure in Egypt. The meeting witnessed discussions on the Climate Resilient Infrastructure Fund launched by the Africa Finance Corporation (AFC) in collaboration with the Green Climate Fund (GCF), with the aim of implementing sustainable infrastructure projects and supporting development and climate action priorities, especially in the energy and transportation sectors. Africa Finance Corporation and Infinity Power officials presented the fund's financing structure and the efforts made in recent period to mobilize concessional financing and technical support for various beneficiary countries, as well as its role in providing funding for private sector companies to strengthen their role in developing climate-resilient infrastructure projects. For her part, H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, affirmed Egypt's keenness to maximize partnerships with international institutions and climate investment funds to provide more financing for sustainable infrastructure projects, in addition to expanding private sector participation in development. Dr. Al-Mashat highlighted the coordination carried out by the Ministry of Planning, Economic Development, and International Cooperation with various national entities and development partners to put these efforts into practice, explaining that Egypt was selected among seven countries to benefit from the Climate Investment Fund (CIF) program to reduce emissions in the industrial sector under the Climate Investment Fund (CIF), which is the first global concessional financing initiative dedicated to reducing harmful emissions in the industrial sector of developing countries, with a value of $1 billion. H.E. added that selection of Egypt as one of seven countries to benefit from the Climate Investment Fund (CIF) program for emission reduction in the industrial sector confirms the international community's confidence in national strategies and efforts to enhance climate action, noting that the selection represents an important step toward enhancing the competitiveness of the Egyptian economy and attracting more climate investments. H.E. Dr. Rania Al-Mashat directed the technical sectors to strengthen communication with AFC and Infiniti officials in order to identify the details of the new fund and study the necessary steps to enhance the Egyptian private sector's benefit from the financing available through the fund. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks


See - Sada Elbalad
43 minutes ago
- See - Sada Elbalad
ICESCO Showcases Its Efforts to Empower Youth at 'Youth Knowledge Forum'
Mohamed Mandour The Islamic World Educational, Scientific and Cultural Organization (ICESCO) participated in the fourth 'Youth Knowledge Forum,' organized in Cairo by the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) and the United Nations Development Programme (UNDP), in cooperation with the Egyptian Ministry of Youth and Sports. In a key working session titled 'Complementarity between governments and international institutions in supporting the knowledge economy,' Dr. Sally Mabrouk, Director of the Office of ICESCO Director-General and Supervisor of the Strategy and Institutional Excellence Sector, reviewed the main programs and initiatives of the Organization aimed at supporting young people in its Member States, particularly in the areas of knowledge, digital transformation, and entrepreneurship. Dr. Mabrouk also reviewed the main thrusts of the 'Youth Knowledge Forum in the Islamic World,' which was recently organized by ICESCO in partnership with MBRF at ICESCO headquarters in Rabat. The Forum saw a large youth interaction and intensive intellectual activity. The ICESCO delegation also included Taqwa Al Ali, in charge of innovation; Fatma El Ghalia Hannani, strategic planning analyst; and Youssef Stelate, application developer in the Digital Transformation Department. The interventions of the delegation members focused on their role in the success of the third edition of the Forum, which was held in Morocco, reviewing their practical experiences and contributions in implementing innovative knowledge empowerment programs for young participants. ICESCO's participation in this major regional event reflects its strategic commitment to empowering youth and promoting the knowledge economy in Member States, as part of its vision to create interactive platforms for the younger generation to participate in decision-making and the achievement of sustainable development. It is also part of the Organization's efforts to strengthen partnerships with regional and international institutions concerned with youth and innovation issues. The opening session was attended by a number of prominent personalities, including Dr. Ashraf Sobhy, Egyptian Minister of Youth and Sports; Dr. Jamal bin Huwaireb, MBRF's Executive Director; Dr. Khaled Abdel-Ghaffar, Deputy Prime Minister and Minister of Health and Population; Dr. Ahmed Fouad Henno, Minister of Culture; Chancellor Mahmoud Fawzi, Minister of Parliamentary and Legal Affairs; Dr. Mohamed Sami Abdel Sadiq, President of Cairo University; and Engineer Hani Turki, Director of the UNDP Knowledge Project, in addition to other ministers and senior officials. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks


See - Sada Elbalad
43 minutes ago
- See - Sada Elbalad
Al-Mashat, WB Regional Director Discuss Advancing Multilateral Co-op to Enhance Economic Development in Egypt
Nada Mustafa Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, held a meeting with Mr. Stephane Guimbert, Regional Director of the World Bank for Egypt, Yemen, and Djibouti, to discuss avenues to strengthen joint cooperation to achieve economic development in Egypt. The Minister of Planning, Economic Development and International Cooperation discussed with the World Bank Regional Director the joint efforts to enhance economic development by leveraging the World Bank's international expertise and capabilities, emphasizing the importance of the partnership with the World Bank Group as a knowledge partner to the Egyptian government. Where joint work is underway to develop a comprehensive implementation plan to achieve economic development in cooperation with ministries and national entities, aiming to support macroeconomic stability, provide development financing, promote industrial development and trade, mobilize foreign direct investment (FDI), and increase investment in human capital. H.E. also highlighted the Ministry's efforts to implement the national narrative for economic development, which includes several pillars such as the preparation of the National Strategy for Industrial Development, which aims to increase exports, and enhance the value-added of manufacturing industries, and expand the contribution of the green economy to the GDP, as well as on enhancing integration and coherence between the FDI strategy and industrial development, supporting the labor market strategy focused on skills, and promote investment in human capital. She pointed out that this document comes within the framework of the effort to formulate a unified development discourse that reflects the state's priorities, enhances the consistency of macroeconomic policies, and serves as a common reference for the government, international institutions, and development partners. The meeting also discussed updates regarding the World Bank's portfolio, including the Universal Health Insurance Project, the Sustainable Rural Sanitation Services Program, and the Takaful and Karama Program. Discussions also covered the latest developments in the Upper Egypt Local Development Program and the Cairo-Alexandria Trade Logistics Development Project, which is being implemented in cooperation with the National Railways Authority of Egypt (NRA). For his part, Mr. Stephane Guimbert, Regional Director of the World Bank for Egypt, presented an overview of a new global health initiative led by the World Bank, which aims to expand basic health coverage to an additional 1.5 billion people worldwide, focusing on middle- and low-income countries. The idea of Egypt joining as a key participant in this initiative was raised in light of its significant progress in health sector reforms, particularly through the implementation of the Universal Health Insurance system, which is considered one of the largest social protection projects in the region. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks