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Business
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Economy
9/27/2023 11:00:40 PM
Egypt's Minister of Supply and Internal Trade Ali Moselhi announced Wednesday the import of 200,000 tons of raw sugar, adding that the shipment is expected to arrive soon.
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World
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War in Ukraine
9/25/2023 7:45:13 PM
At his family farm, Wieslaw Gryn voiced support for Poland's ban on Ukrainian grain imports, but said it had not reversed a price drop that threatens his livelihood and those of other European farmers.
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Egypt
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Foreign Affairs
9/23/2023 5:27:37 PM
After Kyiv announced sending 17,600 tons of grain to Egypt, Moscow said it had delivered more than eight million tons of wheat to Egypt over the past fiscal year.
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World
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War in Ukraine
9/18/2023 10:20:47 PM
Kyiv on Monday said it had filed lawsuits at the World Trade Organisation (WTO) against its three EU neighbours, Poland, Slovakia and Hungary, over their bans on Ukrainian grain imports.
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Business
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Economy
9/18/2023 4:05:14 PM
The trade exchange between Egypt and G20 countries reached $88 billion in 2022, up 10 percent from $80.1 billion in 2021, reported on Sunday by the Central Agency of Public Mobilization and Statistics (CAPMAS).
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Business
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Economy
9/14/2023 7:37:59 PM
The Egyptian Cabinet issued a draft law to relaunch the zero-customs car import initiative for expats for three months, according to a statement on Thursday.
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World
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War in Ukraine
9/12/2023 5:15:50 PM
The Polish government on Tuesday agreed to extend a ban on Ukrainian grain imports unilaterally even if the current EU restrictions expire on September 15.
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Business
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Energy
9/11/2023 6:22:36 PM
Russia's share of total Czech oil imports grew in the first half of this year despite EU restrictions, an oil transit company said on Monday.
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Business
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Economy
9/11/2023 1:56:58 PM
Egypt's trade balance deficit dropped by 47.7 percent to $2.32 billion in June 2023, down from $4.43 billion in June 2922, reported the Central Agency for Public Mobilization and Statistics (CAMPAS) on Saturday.
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Business
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Economy
9/7/2023 11:00:58 AM
China's exports and imports both fell in August from a year earlier, reflecting tepid global demand that is adding to pressures on its slowing economy.
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Business
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Economy
9/6/2023 3:02:57 PM
The National Bank of Egypt (NBE) has sealed a deal to secure $100 million from the Abu Dhabi foreign aid agency to fund Egyptian exports from the UAE, read a press release on Wednesday.
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Egypt
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Society
8/27/2023 8:38:17 PM
Russia has denied US Secretary of State Antony Blinken’s recent claim that it has destroyed “another 13,000 tons of grain headed to feed people in Egypt and Romania,” describing them as "clumsy propaganda."
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Business
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Economy
8/27/2023 4:02:53 PM
A tough market has seen vehicle sales in Egypt in the first half of 2023 plummet by 69.8 percent compared to the same period last year, according to a report by the Automotive Information Council (AMIC).
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World
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International
8/24/2023 11:39:22 AM
Japan began releasing wastewater from the crippled Fukushima nuclear plant into the Pacific Ocean on Thursday, prompting a furious China to ban all seafood imports from its neighbour.
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Business
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Economy
8/17/2023 11:01:30 AM
The Egyptian Mercantile Exchange (EME) said it is adding sugar to its list of traded commodities starting Thursday, read a statement on the EME website.
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World
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International
8/16/2023 9:28:57 PM
World Trade Organization experts ruled Wednesday that tariffs imposed by China on billions' worth of US imports in retaliation for Washington's steel and aluminium tariffs violated international trade rules.
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Business
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Economy
8/15/2023 2:45:02 PM
The Ministry of Finance has inked a $500 million five-year financing agreement with the Abu Dhabi Exports Office (ADEX), a financial arm of the Abu Dhabi Fund for Development (ADFD), to finance wheat imports.
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Business
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Economy
8/13/2023 5:21:50 PM
The Egyptian government announced that they would repay participants who applied for the tax-free car import initiative and paid the full amount, after slashing costs by 70 percent in May.
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Egypt
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Society
8/11/2023 6:27:24 PM
Minister of Emigration and Expatriates Affairs Soha Gendy said those who previously registered for the initiative enabling Egyptians living abroad to import a tax-free car into Egypt can still benefit from it even after it officially expired in May.
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Business
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Economy
8/8/2023 3:42:11 PM
Egypt's trade deficit grew by 4.3 percent to $3.74 billion in May 2023, compared to $3.57 billion in the same month last year, owing to a plunge in natural gas exports and a surge in wheat imports.
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