Egypt, a country linking northeast Africa with the Middle East, dates to the time of the pharaohs. Millennia-old monuments sit along the fertile Nile River Valley, including Giza’s colossal Pyramids and Great Sphinx as well as Luxor’s hieroglyph-lined Karnak Temple and Valley of the Kings tombs.

India and Egypt are two of the oldest civilizations. Long known for its pyramids, Egypt is the largest Arab country and one of India’s most important trading partners in the African continent.

Cairo is the capital city of Egypt. Located on the banks of Nile river, Cairo is Africa’s largest city and a large destination for the tourists.

Cairo and Alexandria are the most important commercial centers. Most of the importers, exporters, and wholesalers have offices in one or both of these cities.

The currency is Egyptian pound and Arabic is the spoken language.

Egypt has been a member of WTO since June 1995 and a member of GATT since May 1970.

  • Important Sectors :

Few of the important sectors are textiles, the largest industrial employer. Chemicals (fertilizers, polymers and petrochemicals), food processing, cement and light consumer goods.

Greater Cairo, Alexandria and Helwan are Egypt’s main industrial centres producing iron and steel, textiles, refined petroleum products, electronics, chemicals etc.

  • Small & Medium Enterprises: 

Small and medium industries in Egypt represent the key for the development of the national economy. SMEs represent 95% to 99% of the total industrial enterprises.

The Egyptian government has been trying to provide all possible facilities to the SME sectors.

  • Industrial Clusters:

The Industrial Development Authority (IDA) at the Egyptian Ministry of Industry has announced plans to build 21 specialised industrial clusters for small- and medium- industries

The clusters for furnishings, readymade garments, handicrafts and hand-made carpets will be located in the governorates of Kafr El Sheikh, Marsa Matrouh, Aswan and Red Sea. Cluster for home appliances will be located in the Tenth of Ramadan City. Cluster for vehicles components and metal industries will be located in Assiut. The food sector will be located at Kafr El Sheikh. clusters for marble and building materials located in Alexandria (Southern Margham district) cluster for aluminum and utensils will be located in Dakahlia (Gamasa city). Clusters for electronic industries and software located in Alexandria.

Spare parts cluster for heavy duty transportation will be located in Kafr El Sheikh and Ismailia. Clusters for engineering goods and petrochemicals will located in Alexandria.

  • India’s exports to Egypt:

The top five Indian exports during FY 2014-15 were mineral fuels, meat, vehicles and parts, cotton yarn and organic chemicals,

  • India’s imports from Egypt:

Top five Indian imports were crude petroleum, rock phosphate, inorganic chemicals, cotton and fruits. 

  • Indian companies in Egypt:

There are over 50 companies functioning in Egypt. Some of them are :-

  1. TCI Sanmar
  2. SCIB Chemicals (Asian Paints)
  3. Egyptian Indian Polyester Company (EIPET),
  4. Dabur Egypt Limited
  5. Galaxy Chemicals(Egypt) SAE
  6. Essel Propack Egypt
  7. Kishco & Khodeir Paper Mill
  8. Autoteck Industry
  9. Kirloskar Egypt
  10. Gas Authority of India Ltd(GAIL)
  11. Monginis
  12. Indo-Med Company for Garments
  13. Velocity Apparelz
  14. Pidilite Industries Egypt

Some of the major Indian investments in Egypt include TCI Sanmar, Alexandria Carbon Black, the Alexandria Fibre Co., Dabur India’s production facility for its cosmetics line, Egypt-India Polyester Company (EIPET) for manufacture of PET Resin, SCIB Paints, etc. The Oberoi Group – hotel and runs Nile cruises; Kirloskar Brothers sells diesel engines and irrigation pump sets in Egypt; Ashok Leyland, Tata Motors, Maruti Suzuki and Mahindra & Mahindra market their vehicles in Egypt, and Bajaj Auto dominates the three-wheelers market. Indian Public Sector Undertakings like Gas Authority of India Ltd, ONGC Videsh Ltd (OVL)., Gujarat State Petroleum Corporation (GSPC) also have a presence in Egypt. Indian companies also execute projects in railway signaling, pollution control including air pollution equipment, water treatment, irrigation, anti-collision devices etc.

  • Important Trade Organisations in Egypt: 
  1. Federation of Egyptian Chambers of Commerce Cairo, Egypt
  2. Alexandria Chamber of Commerce, Alexandria
  3. Cairo Chamber of Commerce, Cairo
  4. Arab Chamber of Industry and Commerce Gamat Eldwal al Arabia St.
  5. Aswan Chamber of Commerce,Aswan
  6. Beni Suef Chamber of Commerce, Beni Suef, Egypt
  7. Dakahleya Chamber of Commerce, El Mansoura

 

Trade Statistics:

The total bilateral trade increased almost 60% from US$ 3 billion in 2009-10 to US$ 4.89 billion in 2014-15. India is the sixth largest trading partner of Egypt – the third largest export destination and eleventh largest import source for Egypt. India’s imports from Egypt were worth US$ 1.89 billion during FY 2014-15. Indian exports to Egypt during FY 2014-15 have been recorded at US$ 3 billion.

India’s imports from Egypt were worth US$ 1.89 billion during FY 2014-15. Indian exports to Egypt during FY 2014-15 have been recorded at US$ 3 billion.

(Source Indian Embassy/MEA)
  • Egypt News Letter No. 114 Click Here
  • Egypt News letter No. 110 Click Here
  • Egypt News letter News letter No. 101 Click here
  • Egypt News letter News letter No. 100 Click here
  • Egyptian National Railways Purchase and Store Dept- Supply of shock absorber bogie ganz coaches Click Here
  • Egyptian National Railways Purchase and Store Dept Click Here
  • Egyptian Company (Techno Stone for Marble and GI’anite) Click Here
  • Herbs Valley Company is looking for doing business with Indian Companies.Click Here
  • Egyptian Company (El Ethad Elmasre) for Mining specialized in Silica Sand.El Ethad Elmasre is looking for doing business with Indian Companies.Profile ClickHere .
  • DEFILE D’EGYPTE 22 – 23 – 24 August 2015 International Exhibition and Fashion Show For Clothes, Fabrics, Textiles and its necessities Cairo International Conference & Exhibition Center (Cairo – Egypt) Click Here
  • Fixing and repairing track measuring systems installed on the E.N.R Vehicle No. 11762 Click Here
  • Egyptian National Railways Purchase and Stores Dept  Click Here
  • Embassy of the Arab Republic of Egypt.NewsLetter Click Here
  • Egyptian Company NEFERTARI looking for importers in India Click Here
  • Egyptian Company PODCO Austrialia looking for importer in India Click Here
  • Egyptian Company EL ARABY looking for exporters of fruits and vegetables Click Here
  • Egyptian National Railways Purchase and Store dept.Tender Click Here
  • Egypt Energy Sector and Economy Click Here
  • Egyptian General Petroleum Corporation looking for to supply linear alkyl Benzene and heavy alkylate Click Here     Documents
  • The Exhibition and the International conference for Agriculture, export, Land Reclamation Event Details Participation Form
  • International Economic Development conference in Sharm El-Sheikh, Egypt Click here
  • “Feasibility Study ofthe Project ofestablishing a global logistics center in Egypt” issued by the Ministy of Finance in Egypt. Click here
  • Tender issued by “Egyptian National Railways Purchases and stores Dept” to supply of General Assernbly of Ar- I steering arms with adaptor & 6’1ll “Bearing adapter (for Amsted bogie for Foreight wagon) Click here
  • The Global Logistics Centre Project In Egypt Click here
  • Egypt Plan for land Reclamation during the coming 4 years Click here
  • General company for Agriculture Agencies is seeking to export its products to Indian market. The products include “Fresh Potatoes, Onion, and orange and tangerine”. ProfileThe company details are below:General Company for Agricultural Agencies Building 281Moustafa Kamel Street Somoha District 21615 EgyptTel: +203-459-0373 +203-424-2424 Fax: +203-424-1218 Email: Sherif sherif711@yahoo.com geco@generalagri.comWebsite: www.generalagri.com