Egypt’s non-oil exports to Jordan up by 22.5% in four months: minister

Egyptian non-oil exports to Jordan climbed by 22.5 percent to record $167 million during the first four months of 2017, Egypt’s Industry Minister Tarek Qabil said Wednesday.

Meanwhile, Egypt’s imports from Jordan amounted to $29 million during the same period,Qabil stated.

The Egyptian minister further added that the trade between the two countries rose by 18.5 percent to reach $196 million during the period from January to April 2017.

Moreover, Qabil referred that Jordanian investments in Egypt involve 1,634 projects of $532 million in different sectors, including services, industry, financing, construction, and agriculture as well as communications and tourism.

He elaborated that Egypt’s investments in Jordan register $310 million. These investments encompass construction, foodstuffs, the heavyweight industries sector, the financial sector, and communications.

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