Latest in Tag: trade Highlight
Latest in Tag: trade

May wants ‘bold and ambitious’ trade deal with EU
British Prime Minister Theresa May has said her country is facing a period of momentous change following its decision to leave the EU, with Britain seeking to forge a new role in the world.Speaking at the World Economic Forum in Davos, Switzerland, on Thursday, Theresa May said Britain would step up to a new leadership …

How did the ministries of finance, trade and industry weather 2016?
Amid the governmentâs ongoing commitment to its economic reform programme, Tarek Kabil and Amr El-Garhyâs ministries claimed several accomplishments over the past year. Daily News Egypt takes a look at how their actions measure up to need

Trade balance deficit decreased by 19.9% in October 2016: CAPMAS
The value of Egypt’s trade balance deficit reached EGP 27.83bn during October 2016, as opposed to EGP 34.75bn in the same month of the previous yearâa decrease of 19.9%, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS) on foreign trade statistics. The value of exports increased by 21.4%, as …

Egyptâs long-term trade outlook positive despite current challenges: HSBC Egypt Trade report
China, India, and Bangladesh projected to be fastest growing export markets in 2021-2030

Trade balance deficit down by 27.1% in September: CAPMAS
The trade balance deficit dropped by 27.1% in September 2016 to EGP 22.66bn, compared to EGP 31.08bn in September 2015, according to the Central Agency for Public Mobilization and Statisticsâ (CAPMAS) monthly bulletin on foreign trade statistics. In a statement issued on Tuesday, CAPMAS noted that the deceleration happened because the value of exports increased …

Al-Sisi addresses terrorism, security in Portuguese Military Academy lecture
The president disclosed during the lecture Egyptâs vision on combating terrorism and was critical of international efforts to fight it

Al-Sisi praises Portugalâs balanced stance towards democratic transition in Egypt
Al-Sisi congratulated the new Portuguese secretary general of the UN, saying that the selection reaffirms the important role Portugal plays on the international level

Economic professors, experts criticise governmentâs reform programme
IMF loan will not encourage Egyptian economy, says former finance minister

Egyptian companies to export $12m worth of goods to Iraqi market: Trade Minister
Egyptian exports to the Iraqi market amounted to $782m in 2014 and $470m in 2015

Deficit in trade balance down by 3.1% in August: CAPMAS
During August, the deficit in the trade balance recorded EGP 37.8bn, compared to EGP 38.9bn in August 2015, a decrease of 3.1%, according to the Central Agency for Public Mobilization and Statisticsâ (CAPMAS) monthly bulletin on foreign trade statistics. In a statement issued on Monday, CAPMAS noted that the deceleration happened because the value of …

Egypt declines in âtrading across bordersâ indicator due to terrorism: technical assistant to Trade Minister
In the âgetting electricity indicatorâ Egypt ranked 88 for 2017, compared to 114 in 2016, says the World Bank Group

Deficit in trade balance down by 13.1% in July: CAPMAS
The deficit in the trade balance dropped by 13.1% in July to EGP 30.9bn, compared to EGP 35.6bn in July 2015, according to the Central Agency for Public Mobilization and Statisticsâ (CAPMAS) monthly bulletin of foreign trade statistics. In a statement issued on Wednesday, CAPMAS noted that the deceleration happened because the value of exports …

No intention to ban imports of finished goods: trade and industry minister
Media reports claim the government is considering banning the import of 15 finished goods worth up to $10bn

China, India are the future of international trade: Mahmoud MohieldinÂ
Economic centre of gravity has moved from west to east, says the World Bank Group senior vice president

111% increase in Egyptian exports to Cyprus: Trade Minister
The balance of trade with Cyprus has reached a âŹ13m surplus for Egypt, says the minister

Urgent affairs court imposes ‘judicial guardianship’ on Trade Union
The court’s decision came after a lawsuit proved that the union committed constitutional violations

Trade war targets Egyptian products
Poor policies, mismanagement, and opportunistic rivalries are all to blame for the international assault on Egyptian products

India and Africa rekindle trade ties
Until she travelled abroad when she started college, Zara Mwanzia had thought that chapatiâthe delicious bread she ate while growing up, which most Kenyans still eatâwas a local delicacy. âI was surprised to find out that chapati actually originated from India,â she said, musing at how she had been wrong all those years. Zara could …

China and Japan take a trip to Cuba
In the next few days, the prime ministers of Japan and China will visit Havana to talk about trade and investment. The two countries hope to gain a foothold in a market that is still off- limits to US companies.

Arab-Brazilian Chamber of Commerce to plan trade, technical missions to Egypt in 2017
GOEIC, ABCC are geared up to ensure Brazilian exports fulfil Egyptian requirements, says CEO of chamber

15.7% decline in Egyptâs trade deficit in June: CAPMAS
EGP 2.3bn increase in exports and EGP 3.2bn decrease in imports

Customs Authority, General Authority for Control of Exports and Imports to be linked electronically: Finance Ministry
This protocol for electronic information exchange reduces the time needed for clearance, which in turn will cut down costs

27th Arab Summit: between vague prospects for cooperation and prioritising Palestine
Arab leaders have vowed to work together on security concerns since 2014, but the threat of extremism and sectarian strife rages on

19% increase in industrial investments compared to last year
This year 1,304 approvals for investment projects were granted in comparison to 1,099 approvals in 2015

Bread rolls from Bosnia
Sarajevo’s Klas bakery benefits from trade with the EU. It’s one of the few Bosnian economic success stories. Conditions are tough for businesses, as Daniel Heinrich reports from Sarajevo.

Parliament ratifies Egyptâs Trade Union Federation bill following consistent delays
The bill has been on hold for more than two months because parliament members didnât have quorum

Brexit will not negatively affect Egypt, UK trade relations: Donaldson
Current trade relations between Egypt and the UK will not worsen, but improve, says UK trade envoy

DP World Sokhna adopts new SOLAS regulations 1 July
Shippers will be required to verify the gross mass of their containers

With TTIP talks stuttering, free trade is reaching its limits
Points of discord remain, time is running thin, and the public mood is souring on free trade – does TTIP stand a chance? The EU and the US are meeting for the 14th time, and the Sisyphean boulder is only getting heavier.

Trade balance deficit declines by 44.4% in March: CAPMAS
Exports increase by 11.7%, imports decrease by 27.2%