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Egypt’s exports of building materials and metal industries rise 20% within…


Cairo – Mubasher: Egypt’s exports of building materials, refractories and metal industries rose to $ 3.9 billion during the first 8 months of 2020, compared to $ 3.3 billion during the same period last year, with a growth rate of 20 percent.

The monthly report issued by the Building Materials Export Council indicated that exports of jewelery and precious stones increased by 76 percent during the period from “January to August 2020”, reaching $ 2.162 billion, compared to $ 1.228 billion during the same period in 2019, according to the Middle East News Agency, today, Saturday. .

Egyptian quarantine and mineral exports increased by 13 percent during the 8 months of this year, to record 212 million dollars, compared to 188 million dollars.

Egypt’s exports of bridges, tanks, tanks, wires and nails of cast iron increased to reach 170 million dollars in the same period, compared to 106 million dollars, a growth of 60 percent, and pipes by 10 percent, to reach 4.199 million dollars, compared to 3.803 million dollars.

Exports of ceramics, tiles, roofs and bricks of ceramics decreased by 30 percent, to record a value of 78 million dollars, compared to about 111 million dollars, and steel and cast iron by 26 percent, to reach 365 million dollars, compared to 497 million dollars in the first 8 months of 2019.

10 countries accounted for 75.7 percent of Egypt’s total exports of building materials, refractories and metal industries, at a value of $ 2.998 billion during the period from January to August 2020, compared to $ 2.203 billion during the same period in 2019, with a growth of 36 percent.

The report indicated that the sector’s exports to the UAE increased during the first 8 months of this year by 81 percent, to reach 1.518 billion dollars, compared to 841 million dollars, accounting for 38.3 percent of the total value of exports.

Egypt’s exports of building materials to Canada rose during the period from January to August 2020 to $ 523 million, compared to $ 406 million during the same period in 2019, with a growth of 29 percent, and Italy by 6 percent to $ 270 million, against $ 254 million.

Nominations

The dismissal of the deputy minister of manpower in Egypt after statements offensive to Kuwait

The Sultanate of Oman is offering an international bond worth two billion dollars to finance the expected fiscal deficit for 2020

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