Latest in Tag: trade Highlight
Latest in Tag: trade

$80m decrease in Egypt’s trade deficit y-o-y during 8M of 2019
Egypt’s non-oil exports hike by 3% reaching $17.65bn

‘Agribusiness Expo’ opportunity to boost Egypt-Indonesia trade relations: Embassy
IPA targets setting Egypt as regional hub for its exports to Africa, EU, says Chairperson

China’s trade exchange with Egypt hikes by 4.6% in 1H 2019 despite tensions with US: Chinese embassy
However, China’s trade exchange with other countries increased by 3.8% in 1H 2019 which affirms the solid position of the its economy despite the tensions with the US, the ambassador reassured.

Trade war threatens global trade landscape
The United States is the world’s largest importing country, with $2.6tn, followed by China with $2.1tn. However, the European Union is, collectively, the world’s largest importer, sending $6.5tn on imports.

24.6% decline in Egypt’s trade deficit in May
Egypt’s exports hiked by 1.6% in May, reaching $2.68bn

Egypt, EU agree on €110m projects for 2020 in energy, water, trade, investment and local development sectors
The projects, worth €110m come as part of the €500 Single Support Framework (SSF) for EU to Egypt 2017-2020.

Ministry of Public Enterprise Sector launches Gosour app to facilitate trade in Africa
Tawfik opened the ‘Gosour for International Trade in Eastern and Central Africa’ conference in the presence of Minister of Trade and Industry, Amr Nassar, and Chairperson of the Arab Organization for Industrialization, Abdel-Moneim Al-Tara.

Egypt has not yet benefited from its trade agreements with Africa: Industry Minister
“We aim to increase Egyptian exports to Africa to 4% of continent’s imports,” says Nassar

UK Trade Envoy in Egypt to boost health care cooperation
We are committed to supporting Egypt’s reform agenda, says British ambassador

Egypt’s trade balance increases by 10.1 % in March 2019
The deficit value of Egypt’s trade balance reached $4.15bn during March 2019, versus the $3.77bn for the same month of previous year

Egypt-Ukraine trade exchange likely to remarkably hike by end of 2019
Both countries’ economic reforms to positively reflect on development of joint cooperation, says Ukrainian ambassador

Egypt to boost cooperation with untraditional markets, private sector follows suit
Many difficulties hinder Egyptian goods to access new markets like central Asia, says expert

Egypt’s exports to Arab countries hike by 7.7% in February, reaching $860.4m
The report added that the UAE is the largest Arab importer of Egypt’s products in February 2019, with a total export of $177.9m, compared to $202.4m during February 2018, a decrease of 12.10%

G20 finance leaders agree trade tensions have ‘intensified’
International Monetary Fund chief Christine Lagarde said trade tension was the “major” headwind facing the global economy, telling Japan’s Nikkei daily it was a “significant risk on the horizon.”

UK Secretary of State for International Trade concludes visit to Egypt
Vodafone’s expertise will play a pivotal role in the digital transformation of the healthcare service in Egypt and facilitate its accessibility to all Egyptians, the statement noted.

Egypt’s foreign trade reaches $47.8bn in second half of 2018: CBE
Fourteen countries account for 60.62% of Egypt’s foreign trade volume, led by China

Egypt’s trade deficit declines by 2.7% in February
Egypt trade deficit reached $3.63bn in February 2019, versus $3.72bn in the same month of the previous year, a decrease of 2.7%.

US-China trade war escalates, as Trump imposes further tariffs on $300bn worth goods
‘China will never yield to US pressure, will not compromise on matters of principle,’ says People’s Daily

Trade Ministry, IFC’s delegation discuss development programmes to support industry, trade sectors
The two entities to implement joint programme to increase the competitiveness of Egyptian product in local and foreign markets

Egypt’s trade exchange with India likely to hike by over 128% to reach $8bn
Both countries are good models for promising economies, says Indian ambassador

Attijariwafa Bank Egypt implements $1.7bn worth trade operations in 2018
‘We aim to increase these operations by 50% this year in line with state’s trend to increase exports,’ says Sherif

Egypt-US trade exchange, economic cooperation prospects versus challenges
Possibility of free trade agreement between Egypt, US was one of the most prominent files receiving support from Egyptian business community, says Mohanna Egypt’s trade exchange with the United States rose to $7.54bn in 2018, according to latest US Census Bureau data, marking 34.16% increase compared to 2017. In 2018, Egypt’s exports increased by 26.93%, …

Egyptian-British trade agreement will not harm our trade exchange with Egypt: EU
EU, Egypt are very important trade partners, says Surkoš

Egypt, UAE ink cooperation agreements in housing, irrigation, trade, industry sectors
Al-Sisi received Al-Nahyan at Borg El Arab Airport in Alexandria early on Wednesday

Egypt’s trade deficit increases by 14.1% in December 2018
Exports hike by 2.1% in same period, says CAPMAS

Trump's trade move could deal a political blow to India's Modi
The US has decided to end its preferential trade treatment for India. New Delhi has played down the economic impact of the move, but it could cost Narendra Modi politically as he seeks a second term.US President Donald Trump has decided to end Washington's preferential trade treatment for India that allows a duty exemption on …

Egyptian delegation to discuss trade cooperation in Astana next March
Volume of trade exchange between Cairo, Astana reached $80m in 2018

Trade, Industry Minister discusses executive plan with Siemens delegation
Egyptian Minister of Trade and Industry, Amr Nassar, met Siemens delegates headed by Emad Ghaly, CEO of Siemens Egypt, to follow-up on the implementation of memorandum of understanding (MoU) signed by ministries of industry and trade, education, and technical education and training with the Siemens Company. This is in order to improve the competitiveness of …

ECS to organise trade mission to Uganda in March
The Egyptian Commercial Service Office (ECS) plans to organise a trade mission to Uganda in March, according to Ahmed Antar, head of the ECS. Antar told Daily News Egypt that the ECS is organising several trade missions during the current year including to Kazakhstan and Turkmenistan. Furthermore, Antar elaborated that the trade missions will include engineering …

Chile likely to discuss inking free trade agreement with Egypt in 2019
Bilateral trade exchange to increase by 20% per year, says former Chilean ambassador