Trade News
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Oman in bid to boost exports to Egypt
A delegation of 19 high-profile Omani exporters is participating on a two-day Ithraa-led trade delegation to Egypt.
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Egypt’s trade deficit declines 56 percent in February year-on-year
Exports increased by 22.1 percent in February compared to the same month last year to reach $2 billion up from $1.6 billion.
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Stamp duty and interest rates hindered rising stock market movements
The lack of clarity on the fate of the stamp duty on the stock exchange would pressure the market and the continuation to move sideways.
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Sisi in Bahrain to talk investments
Sisi held meetings with Bahraini leaders and high-officials, which focused on attracting investment and improving the business environment.
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Automotive market lost 46.5% of its sales during Q1 of 2017
The market saw sales of 26,500 units compared to 49,600 units, according to the Automotive Marketing Information Council (AMIC).
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Germany-Egypt trade exchange hit $6.1bln in 2016
Germany’s investments in Egypt amounted to around $619.2 million until January this year, making it the 20th biggest investor.
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Egypt's Sisi in UAE for talks
The UAE alone last year pledged $5 billion to Egypt, among other loans from other gulf countries.
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Car market expected to lose 40% of sales in H1 2017
Companies are now selling the stock that has been piling up, which came after a decline in sales over the course of the past four months.
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German exports to Egypt register an increase of 33%
While the volume of Egyptian fruits and vegetables exported to Germany rose by 13% last year to reach 124m.
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Asian shares mixed as attacks in Egypt add to uncertainties
Asian shares were wavering Monday after attacks by suicide bombers on churches in Egypt added to uncertainties in the Middle East.
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Morocco-Egypt trade exchange accounts for $700mln in 2016
Egypt’s exports to Morocco stood at $425 million approximately and is expected to grow exponentially this year.
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Trump welcomes Sisi in landmark visit, praises ‘fantastic job’ in Egypt
The visit is the first from an Egyptian president in almost a decade as President Obama never extended an invitation.
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Saudi King Salman invites Egypt's Sisi to visit
KSA agreed in April l2016 to provide Egypt with 700,000 tonnes of refined oil products a month for five years, but the cargoes stopped in October.
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Catalyst targets business volume of $16m in Middle East in 2017
Catalyst Business Solutions is a technology consulting company that provides Oracle solutions, cloud computing services, and Internet of Things.
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Greece revives Egypt’s sluggish economy with $1B investment
The volume of Greek investments in Egypt is about one billion euros for the last fiscal year.
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Pakistan-Egypt trade exchange hit $182mln in 10 months
Pakistan’s exports to Egypt amounted to $83 million during the period from January until October of 2016.
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Egypt: open to investment
Foreign investors will be glad to hear that Egypt is taking serious measures to integrate new investment legislation and policy to attract investors.
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Global Brake Calipers Sales Market Type, Manufacturers, Regions, World Trends and Forecast To 2017
The Global Brake Calipers Sales 2016 Market Research Report is a professional and in-depth study on the current state of the Brake Calipers market
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SWIFT announces Business Forum Egypt to discuss issues of financial sector
Under the patronage of CBE, the event brings together Tarek Fayed, sub-governor of the CBE, and senior representatives from Cairo’s financial industry
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Al-Qadi heads to US to promote business in Egypt
The visit includes meetings with Oracle, Cisco, and IDC to activate strategic Egyptian-American partnerships in the field of advanced technologies.