Latest in Tag: trade Highlight
Latest in Tag: trade
New industry minister outlines plan
Plan includes the completion of the Golden Triangle, the furniture city in Damietta and the industrial leather project in Alrubiki

Making fast progress toward democracy is difficult: Dutch Ambassador
There may be a will to move toward democracy, but the tools available to the country’s leadership date from another era, says Dutch Ambassador to Egypt Gerard Steeghs

Suez Canal: A cruise to the past
It took a long journey for the Suez Canal to reach its current state today, a journey witnessing several closings and instability of the canal’s operations. Today, Egypt celebrates the opening of the canal’s expansion

Reflections of history on the Suez Canal
“The tour boat passes a mosaic depicting the glorious triumph of the Egyptian people in re-capturing Sinai… The soldiers look upwards and onwards, towards progress and towards the future”

Germany’s Vice-Chancellor to attend Suez Canal Project’s inauguration: Haber
“We don’t have the comprehensive details of the Suez Canal Axis development projects,” says German Ambassador to Egypt

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 …

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…

French Defence Minister speaks on security, immigration during 2-day Cairo visit
Le Drian spoke with Al-Sisi, Mehleb, Sobhi on security and immigration
Egyptian products to be marketed in Africa: Abdel Nour
Ministry finalises comprehensive plan to increase its trade activities in Africa

Trade balance tips in favour of international blocs with EGP 33.5bn
Exports to international blocs decreased to EGP 190.4bn between 2013 and 2014, imports surged to EGP 223.9bn

Egypt’s economy needs FDI push for its flat battery: British Ambassador
British investors demand fair treatment from government, competition to be opened up in private sector, says Casson
Sharm El-Sheikh Agreement includes 14 items on trade, tariff liberalisation: Zambian Official
Most items agreed up on, countries are focusing on trade, industries, infrastructure services, says official

Joint discussion with Russia to manufacture civilian airplanes: ERBC Sec-Gen
Egyptian agri-food exports doubled after US, EU boycott of Russia, according to Alaa Ezz

No increase in exported products expected: APEC’s Chairman
Challenges meet agri-food exports to Russia, experts say

ABK acquires Piraeus-Egypt for $150m
Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank – Egypt shares

Standard & Poor’s positive outlook on Egypt reflects well on investment: Economist
Agency raised Egypt’s economic outlook from stable to positive, affirming long- and short-term foreign and local currency sovereign credit ratings at ‘B-/B’

Egypt, Indonesia trade exchange increases by 21%
Meanwhile Egypt’s imports from Indonesia include chemicals and fertilisers, readymade clothes, weaving and textiles, furniture, leather products and others.

Integrated trade zones to be established using EGP 800m: Supply minister
The investments in the internal trade sector will increase from EGP 7.8bn to reach EGP 50bn

€1.2bn total grant aid from EU for 200 projects: EU Ambassador
Egypt needs economic growth for the many not the few, Moran says

Legalise hashish trade to combat budget deficit: Tobacco Traders
Legalising hashish trade will save EGP 4.2bn for national economy, says Salama

Trade exchange largely affected after Arab Spring
Non-oil consumption imports based on individuals not the government it is still going , as traders from both import and export country take risk on their responsibility on transferring goods and products.

Egypt, Arab League trade defies political instability
Trade levels in main sectors with Arab League countries remain stable with minimal fluctuations
Egypt, Croatia hold bilateral talks on regional issues, cooperation
Egyptian-EU trade is expected to increase in aftermath of the recent Economic Summit

State Information Service is true failure: Trade minister
Foreign ministry has not lived up to its role since 30 June, says Mounir Fakhry Abdel Nour

Egyptian exports decrease by 20% in January
Foreign Trade Ministry targets $28bn in non-petroleum exports in 2015

Bilateral trade between Cairo, Moscow registers $4.5bn in 2014: Putin
Free trade, Egyptian exports increase mark Cairo-Moscow economic relations

Free trade could make every Egyptian $897 richer yearly
By Bjørn Lomborg With one simple policy – more free trade – we could make the world $500tr better off and lift 160m people out of extreme poverty. If there is one question we have to ask ourselves, it is: why don’t we? In 2000, the international community agreed a set of important targets to …

Egypt reforms to gain confidence of international business community: PM
Egyptian delegation to visit Britain in June to follow-up on investment coordination between two countries, says El-Yazal
Presidential decree to establish EGP 3.3bn phosphate industrial zone
Industrial zone will be constructed over 5,115 feddans and will include 12 industrial complexes

Cairo’s small business owners hope for stability, skilled workforce and clear-out of bureaucracy in 2015
Mixed year for efforts of city’s start-ups, but optimism about coming year rides high