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" Trade"

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Business - Economy
1/7/2024 6:52:01 PM
Egypt’s Suez Canal revenues jumped by around 19.4 percent to $2.4 billion in the third quarter of 2023 (July-September) compared to $2 billion in the corresponding quarter in 2022, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
1/7/2024 6:51:40 PM
Egypt’s wheat imports increased by over 14.5 percent to 11 million tons in 2023 compared to 9.6 million tons in 2022, Deputy Minister of Supply and Internal Trade Ibrahim Ashmawy said on Saturday.

Business - Economy
1/6/2024 7:05:33 PM
Egypt’s current account deficit decreased by 12.1 percent to $2.8 billion during the period between July and September 2023, compared to $3.2 billion a year prior, according to the data released by the Central Bank of Egypt (CBE) on Thursday.

Business - Economy
1/5/2024 1:37:36 PM
Egypt’s membership in the BRICS bloc officially came into effect in a landmark move this January, aligning itself with five other new members, heralding a wave of anticipated benefits for the country.

War on Gaza - War on Gaza
1/4/2024 9:18:40 AM
The United States called on the U.N. Security Council Wednesday to take urgent action against Yemen’s Houthi rebels for attacking ships in the key Red Sea trade route, while Russia attributes the situation it to Israel's violence in Gaza.

War on Gaza - War on Gaza
12/31/2023 10:51:00 AM
Yemen’s Houthi rebels show no signs of ending their “reckless” attacks on commercial ships in the Red Sea, the top commander of U.S. naval forces in the Middle East said late Saturday, even as more nations join the international maritime mission to protect vessels in the vital waterway and trade traffic begins to pick up.

Business - Economy
12/27/2023 5:35:55 PM
Egypt is set to host the fourth edition of the Pakistan Africa Trade Development Conference (PATDC) and Single Country Exhibition (SCE) from 9 to 11 January, according to a statement by Pakistan on Wednesday.

Business - Economy
12/26/2023 8:12:09 PM
The United States again extended tariff exemptions for hundreds of Chinese products once hit by punitive duties, US trade officials announced Tuesday.

Egypt - Foreign Affairs
12/26/2023 3:51:02 PM
Egypt's Foreign Minister Sameh Shoukry and his Jordanian counterpart Ayman Safadi discussed on Tuesday the security of navigation in the Red Sea, in light of its significance to international trade and its integral role in Egyptian and Jordanian national security.

War on Gaza - War on Gaza
12/26/2023 3:33:55 PM
Explosions were heard and missiles were sighted near a vessel transiting the Red Sea on Tuesday, the United Kingdom Maritime Trade Operations (UKMTO) said.

Business - Economy
12/26/2023 3:22:48 PM
TradeHub, an Egyptian startup, has launched a digital platform to simplify exports and trade operations for local manufacturers, according to a company statement released on Tuesday.

Business - Economy
12/26/2023 11:01:15 AM
Asian markets were steady in holiday-thinned trading on Tuesday, with some markets in the region closed for holidays.

Egypt - Urban & Transport
12/25/2023 11:51:21 PM
Egypt, Iraq and Jordan are putting in place an execution plan to start operations on the first stage of the Arab Trade Line, which is the first-ever shipping/logistics line connecting several countries from the Arab Gulf to Egypt on the way to European and American ports.

Business - Economy
12/24/2023 4:40:16 PM
Egypt’s exports dropped 22 percent year-on-year (YoY) to $30.8 billion during the first nine months of 2023, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.

Business - Economy
12/21/2023 9:11:41 PM
The current disruption of the movement of shipping vessels through the Suez Canal -- due to the conflict in the Bab al-Mandab Strait -- poses a threat to the canal’s revenues and to global trade.

Heritage - Heritage special
12/19/2023 10:17:40 PM
In the second article of our series Masters of the Craft, we highlight the women behind one of Egypt's most colorful and joyful rural embroidery.

Business - Economy
12/18/2023 1:17:07 PM
Egypt’s non-oil trade deficit shrank by 15 percent to record $9.1 billion during the third quarter of 2023, compared to $10.7 billion in the corresponding quarter of 2022, according to data released by the cabinet’s Information and Decision Support Centre (IDSC) on Monday.

Business - Economy
12/17/2023 6:27:30 PM
Egypt’s petroleum imports, including crude oil and oil products, dropped 11.4 percent to $1.06 billion in September from $1.2 billion in August, according to data released by the state-run statistics agency, CAPMAS.

Business - Economy
12/17/2023 6:26:59 PM
Egypt’s exports to Africa surged 13 percent year-on-year (YoY) to $6 billion between January and October, Minister of Trade and Industry Ahmed Samir stated on Sunday.

War on Gaza - War on Gaza
12/16/2023 9:22:33 PM
Two more major shipping firms, Mediterranean Shipping Company (MSC) and CMA CGM, said on Saturday they were suspending passage through a Red Sea strait vital for global trade, after Yemeni rebel attacks in the area.

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