Latest news with #CentralAgencyforPublicMobilizationandStatistics
CairoScene
20 hours ago
- Health
- CairoScene
Households Spend EGP 12,900 Annually on Smoking
33.5% of Egyptian households have at least one smoker, exposing 26 million non-smokers to secondhand smoke. Jun 03, 2025 According to the 2023/2024 Income and Expenditure Survey by the Central Agency for Public Mobilization and Statistics (CAPMAS), Egyptian households spend an average of EGP 12,900 annually on smoking. The survey indicates that while wealthier families allocate more money to smoking in absolute terms, poorer households bear a heavier relative burden. In the lowest-income households, smoking expenses accounted for 10.2% of income, compared to 9.2% for the highest-income households. The survey also found that 33.5% of Egyptian households have at least one smoker, exposing approximately 26 million non-smokers—primarily women and children—to secondhand smoke. The highest smoking rates were observed in the 35–44 age group at 19.2%, followed by the 45–54 age group at 18.5%, and the 25–34 age group at 17%. CAPMAS estimates that 14.2% of Egyptians aged 15 and above—about 10.3 million people—are smokers, a decrease from 17% in 2021/2022. Despite this decline, tobacco remains a leading global cause of death, with over 8 million deaths annually, disproportionately affecting low- and middle-income nations.
Egypt Today
25-05-2025
- Business
- Egypt Today
Egypt, U.S. Finalize Customs Agreement Amid Growing Trade Ties
CAIRO – 25 May 2025: Egypt and the United States are on the verge of signing a bilateral agreement aimed at regulating customs procedures between the two nations. The announcement was made during the Egypt-U.S. Economic Forum held today in Cairo, where senior officials from both governments confirmed that negotiations have reached an advanced and final stage. Prime Minister Mostafa Madbouly stated that the agreement is expected to come into effect soon, noting its strategic significance in streamlining trade operations and improving the clarity and efficiency of customs handling between Egypt and the U.S. Echoing this, U.S. Ambassador Herro Mustafa Garg confirmed that both sides are preparing to sign the agreement shortly, calling it a milestone in enhancing bilateral economic collaboration. This development follows trade tensions in April of last year, when former U.S. President Donald Trump imposed a ten percent tariff on Egyptian exports as part of a broader initiative dubbed 'Liberation Day,' which included duties on several of the United States' key trading partners. However, those tariffs were suspended for 90 days following intense global negotiations. According to data from Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS), total bilateral trade between Egypt and the U.S. reached nearly $9.8 billion in the past year—representing a thirty-seven point four percent increase over the previous year. Egypt's exports to the U.S. stood at approximately $2.2 billion, while imports from the U.S. totaled $7.6 billion, underscoring a significant trade imbalance. The new customs agreement is seen as a vital step toward improving the terms of trade, promoting smoother logistics, and encouraging more balanced economic ties between the two countries.
See - Sada Elbalad
25-05-2025
- Business
- See - Sada Elbalad
Egypt's Exports to Africa Reach $7.7 Billion: CAPMAS
Taarek Refaat The value of Egyptian exports to African Union countries reached $7.7 billion in 2024, compared to $7.4 year-on-year, a 4.7% increase, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS). Egypt and the African continent celebrate the 60th edition of Africa Day on May 25th, which marks the anniversary of the founding of the Organization of African Unity (OAU), later known as the African Union. This partnership includes 55 member states with the aim of promoting social, cultural, political, and economic cooperation on the continent. Top African Importers from Egypt in 2024 Libya topped the list of African Union countries importing the most from Egypt in 2024, with Egyptian exports to the country reaching $2 billion. It was followed by Morocco with $1 billion, Algeria with $996 million, Sudan with $866.2 million, Tunisia with $372 million, Kenya with $307 million, Côte d'Ivoire with $251 million, Ghana with $239 million, Nigeria with $151 million, and Madagascar with $132 million. The most important Egyptian goods exported to African Union countries in 2024 The report indicated that the most prominent of these goods were: cement, gypsum, and table salt, valued at $694.4 million; plastics and their products, valued at $590.5 million; mill products, valued at $397 million; machinery and electrical appliances, valued at $357.8 million; iron and steel, valued at $289.4 million; and various stone and cement products, valued at $279.2 million. The value of Egyptian imports from African Union countries reached $2.1 billion in 2024, compared to $1.8 billion in 2023, a 14.5% increase. List of the African Union's top exporting countries to Egypt in 2024 The Democratic Republic of the Congo topped the list of African Union countries exporting to Egypt in 2024, with imports from the country reaching $661.9 million. This was followed by Sudan at $292.4 million, Kenya at $260.1 million, Nigeria at $165.5 million, South Africa at $154.3 million, Zambia at $64 million, Libya at $56.4 million, and Tunisia at $49.9 million. The most important commodity groups imported from African Union countries in 2024 The report stated that the most prominent of these imported goods from Africa are: copper and its products worth $741.5 million, coffee and tea worth $286.6 million, fuels and mineral oils worth $203.7 million, live animals worth $147.6 million, grains and oil fruits worth $109.4 million, cars and tractors worth $85.3 million, cotton worth $80.9 million, and iron and steel worth $73.6 million. The agency's data also showed an increase in the volume of trade exchange between Egypt and African Union countries, reaching $9.8 billion in 2024 compared to $9.2 billion in 2023, a 6.5% increase. Data from the agency revealed that the value of remittances from Egyptians working in African Union countries reached $115.8 million during the 2023/24 fiscal year, compared to $122 million in 2022/23. Nigeria topped the list of African Union countries with the highest value of Egyptian remittances during the 2023/24 fiscal year, with remittances amounting to $9.3 million. This was followed by Kenya ($9.2 million), Morocco ($7.3 million), Tanzania ($6.7 million), Mauritius ($6.2 million), South Africa ($5.8 million), and Tunisia ($5.1 million). Remittances from African Union countries in Egypt reached $23.6 million during the 2023/2024 fiscal year, compared to $28.8 million during the 2022/2023 fiscal year. South Africa ranked first in the value of remittances from African workers in Egypt, with remittances from its workers in Egypt amounting to $6 million, followed by Nigeria with $2.9 million, Morocco with $2.2 million, Tunisia with $1.8 million, Kenya with $1.2 million, Congo with $1.19 million, and Zambia with $1.16 million. The value of African Union (AU) countries' investments in Egypt reached $831.2 million during the 2023/24 fiscal year, compared to $1.6 billion during the 2022/23 fiscal year. The value of Egyptian investments in African Union countries reached $499.1 million during the 2023/24 fiscal year, compared to $504.6 million during the 2022/23 fiscal year. According to the mission's estimates, the number of Egyptians residing in African Union countries reached 59,100 by the end of 2023. 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 Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies
Egypt Today
24-05-2025
- Business
- Egypt Today
Egypt's transformative, extractive industries index rises 3.9% in March 2025: CAPMAS
CAPMAS headquarters - file CAIRO - 24 May 2025: The Central Agency for Public Mobilization and Statistics (CAPMAS) announced a 3.9% increase in the transformative and extractive industries production index, reaching 120.47 in March 2025 compared to 115.93 in February 2025. The index is based on updated methodology using base year 2012/2013, in line with the ISIC Rev.4 industrial classification and monthly producer price indices, adopted since January 2020. Food products manufacturing index rose to 160.02 in March from 145.24 in February at a 10.18% increase.
Egypt Today
19-05-2025
- Business
- Egypt Today
Egypt-Lebanon Trade Surges to $1 Billion in 2024 with 44% Export Growth
CAIRO - 19 MAY 2025: Data from Egypt's Central Agency for Public Mobilization and Statistics revealed a significant increase in trade between Egypt and Lebanon in 2024. Egyptian exports to Lebanon rose by 43.8% to reach $762.8 million, while imports from Lebanon slightly declined by 2.3% to $237.7 million. Overall trade value between the two countries hit $1 billion, marking a 29.3% increase compared to 2023. Key Egyptian exports to Lebanon included fuels and mineral oils ($215 million), iron and steel products ($65 million), cement ($55 million), fruits and vegetables ($48 million), and sugar and sugar products ($41 million). On the import side, Egypt mainly sourced iron and steel ($118 million), fruits ($72 million), electrical machinery ($22 million), plastics ($4 million), and tanning and dyeing extracts ($4 million). Investment flows showed Lebanese investments in Egypt remained stable at $51.2 million, while Egyptian investments in Lebanon rose to $9.7 million in the 2023/2024 fiscal year. Additionally, Egyptian workers in Lebanon sent home $42.9 million in remittances, up from $38.1 million the previous year, whereas Lebanese workers in Egypt remitted $3.5 million. Population figures reported for May 2025 indicate Egypt has 107.6 million residents, Lebanon has 5.8 million, and approximately 11,300 Egyptians reside in Lebanon as of the end of 2023.
