Latest in Tag: trade Highlight
Latest in Tag: trade
Morsy to visit China
Syria, Palestine and strengthening economic ties the foci of the visit
Asian markets higher despite eurozone uncertainty
Asian markets remain higher, following Germany refusal to take action towards the eurozone debt
Renewable energy solutions company to trade in NILEX
ARES to trade 10% of its shares in NILEX
Minister of industry and Foreign Trade meets with Industries Union board
By Islam Serour Newly appointed Minister of Industry and foreign trade, Hatim Saleh, met with Industries Union (IU) board members, headed by Dr Galal el-Zorba, for the first time yesterday. The purpose of yesterday’s meeting was to outline the main problems the industrial sector is facing, and for the heads of different sectors of the …
Delta Communication acquires CompuMe
Delta Communications and Trade (DCT) has taken 100 percent of shares in CompuMe, an electronics retail company. Amr Sheira, Deputy Manager of CompuMe, said that all the company’s shares and trademarks CompuMe were sold to DCT in the biggest acquisition agreement in communications sector since January. He refused to disclose the value of the agreement …
Egyptian-Iranian trade exchange quadruples
Despite the current uncertainty, Egyptian-Iran trade exchange quadruples over the past four months
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 …
EGX plugs to global markets
The HUB FIX project connects the Egyptian Stock Exchange to markets across the world via the networks of Fidessa and ULLINK
Agency compensation law deemed unconstitutional
Experts fear striking down of article of commercial law will leave businessmen and agents exposed
Russia OKs historic WTO accession
Moscow (AFP)-Russia’s parliament on Tuesday voted to ratify WTO membership, a historic move which the government says will boost productivity but the opposition claims will bear a heavy social toll. The vote was the last major hurdle for Russia’s accession to the World Trade Organization as deputies from opposition parties presented a rare united front …
Expectations of worldwide downturn in cotton production
By Inaam El-Adawy The Cotton Exporters’ Association predicts that worldwide cotton production will fall during the 2012-2013 season to 24.9 million tons. In a recent report, the Association attributed the decline in production to the fall of prices during the 2011- 2012 period, which will drive cotton farmers to reduce output this season. The study …
World Bank to subsidie Egyptian pharmaceutical exports
The International Bank for Reconstruction and Development (IBRD) agreed to subsidise Egyptian pharmaceutical companies so that their products can reach European and American markets
EU warns Egypt against cotton import ban
By Omar Abdel Hamid and Mohamed Salah El-Din The European Union warned the Egyptian government over the continuation of banning cotton imports. In a statement to the Egyptian Ministry of Agriculture, the EU said that the decision to ban cotton imports is a violation of the General Agreement on Tariffs and Trade (GATT), and must …