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" Trade"

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Business - Economy
12/14/2023 7:36:46 PM
The Egyptian Ministry of Trade and Industry extended a three-month ban on exporting all types of sugar per the decree published in the Official Gazette on Thursday.

Business - Economy
12/14/2023 2:05:05 PM
Global trade is projected to decline by 4.5 percent year-on-year (YoY), or $1.5 trillion, by the end of 2023, to reach $31 trillion, according to the United Nations Conference on Trade and Development (UNCTAD).

Business - Economy
12/12/2023 4:39:19 PM
Egypt’s strategic sugar reserves can cover local consumption needs for nearly 7.8 months, Minister of Supply and Internal Trade Ali Moselhi revealed in a press conference on Tuesday.

Business - Economy
12/12/2023 3:22:55 PM
Egyptian Minister of Trade and Industry Ahmed Samir and Minister of Supply and Internal Trade Ali Moselhi opened the Food Africa 2023 and Pacprocess exhibitions, according to a statement on Tuesday.

Business - Economy
12/7/2023 10:02:54 PM
The Egyptian Ministry of Supply and Internal Trade increases the rations of subsidized sugar to families, amid a shortage felt in the market, according to a Cabinet statement on Thursday.

Business - Markets & Companies
12/6/2023 5:18:27 PM
Global physically backed gold exchange-traded funds (ETFs) declined by $920 million, or nine tons, month-on-month, in November, to 3,236 tons, despite the latest gains in gold prices, according to a report by the World Gold Council, (WGC).

Business - Economy
12/6/2023 1:13:03 PM
Egypt’s trade deficit increased by 10.3 percent to reach $3.24 billion in September compared to $2.84 billion in the same month last year, according to the data released by the Central Agency for Public Mobilization and Statistics (CAMPAS) on Wednesday.

Egypt - Society
12/5/2023 11:09:52 PM
Sugar companies, following government directives, have increased sugar production and distribution to mitigate the current shortage of sugar in Egypt, the Ministry of Food Supply and Internal Trade announced.

Business - Markets & Companies
12/4/2023 8:20:32 PM
The Board of Directors of the Egyptian Mercantile Exchange (EMX) appointed Hossam El-Garrahy as CEO and Managing Director, according to a statement on Monday.

Business - Economy
12/3/2023 11:10:39 AM
The African Development Bank (AfDB) announced a financial package of $148 million to support the Commercial International Bank of Egypt (CIB) in its endeavors to strengthen small and medium enterprises (SMEs) and facilitate trade.

Business - Economy
12/1/2023 4:08:28 PM
Egypt's Minister of Supply and Internal Trade Ali Moselhi urged citizens to not buy kilograms of sugar for more than EGP 27, promising that the current crisis will be resolved next month.

Business - Economy
11/26/2023 4:23:11 PM
Egypt's Minister of Supply and Internal Trade Ali Moselhi revealed on Sunday that merchants would be given a ten-day period to regulate prices, or else the government may “resort to forced pricing measures.”

Business - Economy
11/24/2023 10:18:53 PM
Egypt and Bahrain agreed on 15 cooperation initiatives and 13 MoUs on areas including consumer protection, fighting monopoly, and industrial partnership, according to a Cabinet statement on Thursday.

War on Gaza - War on Gaza
11/23/2023 2:47:15 PM
Iran's Foreign Minister Hossein Amir-Abdollahian has met with Hassan Nasrallah, the leader of Hezbollah which has traded deadly cross-border fire with Israel since the start of the Gaza war, the Lebanese movement said Thursday.

Business - Economy
11/22/2023 7:53:21 PM
Saudi Arabia is seeking to increase mutual trade with Egypt to $100 billion, said Second Vice Chairman of the Federation of Saudi Chambers, Fayez Alharbi, according to CNBC Arabia.

Business - Energy
11/22/2023 7:42:27 PM
Oil prices slumped Wednesday as traders took a delay to an OPEC+ summit meeting as a sign of possible discord, while European and US stocks rose on hopes of an end to the US Federal Reserve's interest rate-hiking cycle.

Business - Economy
11/22/2023 3:05:40 PM
Egypt's Minister of Trade and Industry Ahmed Samir opened on Wednesday the first Gulf-Egyptian Business Forum at the Federation of Egyptian Chambers of Commerce (FEDCOC) in Cairo.

Business - Economy
11/21/2023 5:43:40 PM
The Saudi Batterjee Holding Group has unveiled its plans to acquire a pharmaceutical company listed on the Egyptian Exchange (EGX) within the next six months, Mazen Batterjee, Chairman of the group, said on Tuesday.

Business - Economy
11/20/2023 2:34:55 PM
Egypt and Saudi Arabia are considering the use of local currencies in trade exchange, said Yehia El-Watheq Bellah, head of the Egyptian Commercial Service (ECS).

Business - Economy
11/19/2023 4:19:21 PM
Saudi investments in Egypt reached $6.3 billion in 7,444 projects in sectors such as industry, construction, tourism, services, and telecommunications, among others, said Minister of Trade and Industry Ahmed Samir.

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