Latest in Trade Highlight
Latest in Trade
45% decline in fertiliser exports during August: CEC report
Egyptian fertiliser exports declined to record EGP 1.4bn during the first eight month of 2015, compared to EGP 3.5bn during the same period of 2014, says CEC
Indian investors await Suez Canal master plan: Ambassador
The Indian Embassy held a celebration of Indian Technical & Economic Cooperation in Cairo
Dumping duties of 54%-77% to be applied on Chinese blankets: Abdel Nour
Market dumping phenomenon was confirmed, China informed complaints were accepted, says Al-Seginy
Sudan urges Egyptian investments in gold extraction sector: CBOS Deputy Governor
Egypt is afraid to do business in Sudan, despite the latter having great investment opportunities, says Elbashir
Cairo to host high level EEC meeting 14 September
Meeting will discuss feasibility study on establishment of free trade zone between Egypt and EEU states
91 approved projects with investments of EGP 1.857bn: Industry Minister
61 investors received approvals on expanding their industries within and outside industrial zones with investments of about EGP 9.692bn, says Abdel Nour
SEBA demands the activation of Saudi MoUs signed in Economic Summit
13 Saudi companies signed protocols for the cultivation and reclamation of 300,000 acres at the EEDC, says Darwish
Mehleb receives export councils’ memorandum to review CBE’s policies
CBE governor does not accept requests to meet with exporters or importers, says ECBM head
El-Nasr Company plans to strengthen Egyptian products in Africa: Industry minister
The plan will take advantage of the 23 El-Nasr Company branches in 21 African and Arab countries to promote Egyptian products
Development of internal trade companies’ branches to raise returns: Investment Minister
149 out of 326 internal-trade company branches were developed with EGP 200m, says Salman
Decision to allow cotton imports revives textile industries: Holding Company for Spinning and Weaving Chairman
Meeting between cotton industry experts, officials and concerned ministries to study new agricultural policy for cotton, says cabinet statement
Ministry of Supply to negotiate with NBE Khartoum branch to import Sudanese meat
International companies welcome investing in Global Logistics Centre for Grain Handling and shopping project in Damietta, says El-Meseiri
Trade deficit sees 4.4% hike in Q3 of FY 2014/2015
In a country that is more dependent on imports, it is generally common to find a deficit in trade balance
EGX, GAFI sign MoU to support SMEs in Upper Egypt
EGX to hold trainings for GAFI employees on EGX trading and advantages of listing on stock market
Pacific Rim trade ministers fail to clinch TTP deal
Delegates from a dozen Pacific Rim nations have failed to reach a deal on a new trade agreement. But negotiators said “significant progress” had been made, and that a final pact was within reach. Negotiators on the so-called “Trans-Pacific Partnership” (TPP) fell short of concluding a final deal after several days of talks in Hawaii …
$54.3m in Egyptian exports to Brazil in H1 of 2015
There is an increasing demand on Arab products in Brazil, says Halabi
International, local financial entities participate in SVI fund
Entities represented by World Bank, European Investment Bank, SFD and Ayady
Kazakhstan officially admitted into WTO
Nearly two decades after it began negotiations to join the World Trade Organization (WTO), Kazakhstan has finally managed to overcome all stumbling blocks hindering its accession to the international trade body. The WTO's General Council on Monday formally approved Kazakhstan's bid to join the body, ending nearly two decades of membership talks the Geneva-based trade body had called among the…
Negotiations with Russian importers ongoing: APEC chairman
Minister of Industry and Foreign Trade to visit Russia in September
Egypt ranks second in the World’s Richest Arabs list: Forbes Middle East
According to Forbes Middle East’s counts, the total worth of the Egyptian Sawiris family is $13.2bn
Chambers of Commerce to discuss compensation for shop owners
A Thursday meeting between with the trade minister will cover possible payments to victims of violence
International firms resume work
General Motors, Electrolux, Shell and BASF returned to business in Egypt on Sunday
Car market on shaky ground
Car market sales in June registered a 17% rise compared to June 2012.
Eid Al-Fitr’s weddings and engagements bolster gold market
Local gold market witnessed a surge in sales and prices in Eid el-Fitr as Egyptians seize the vacation to hold their engagements and wedding ceremonies
Sokhna crisis resolved
The Sokhna strike has ended after much negotiation, with workers finally returning to their jobs after a presidential proposal
Canadian-Qatari business cooperation in Egypt
The agreement seeks to strengthen the economic ties between the three countries
IFC to invest $6m in ‘Fawry’
The investment in ‘Fawry’ the electronic payment provider, will be used to extend the network of payment terminals across the country
Hopeful trade indicators between Egypt and the US
By Amr Eleraqi According the American Chamber of Commerce’s most recent report, the volume of trade exchange between Egypt and US has declined by 9.2% during 2011, reaching $8.2 million. The drop represents about 4% of GDP and 4.3% of the volume of goods traded in the US. During 2011, non-petroleum exports were stable, but …
Al-Shater inaugurates Zad retail chain
Khairat Al-Shater, Deputy General Guide to the Muslim Brotherhood, launches a new consumer goods retail chain
Eurozone woes hit Singapore GDP in Q2
Singapore (AFP) — Singapore’s trade-driven economy contracted by 1.1 percent in the second quarter from the previous three-month period as debt woes dampened European demand, a government estimate showed Friday. The unexpected contraction, down from 9.4 percent growth in the preceding quarter, was largely due to an output drop in the biomedical manufacturing industry, the …