• Monday, 10 August 2020

    Diplomacy + Foreign Trade on 10 August 2020

    Sudan says it’s boycotting new GERD talks over Ethiopian unilateralism — will Egypt follow suit? Sudan will not attend a new round of talks over the Grand Ethiopian Renaissance Dam (GERD) slated for today, citing Ethiopia’s refusal to commit to...
  • Sunday, 19 July 2020

    Al Gioshy Steel postpones expansion, blames new import tariffs

    Al Gioshy Steel has postponed plans to add a production line to its steel rebar production facility, citing the Trade Ministry’s tariffs on imports of steel and iron billet as a major reason, CEO Tarek Al Gioshy tells Al Mal....
  • Sunday, 5 July 2020

    Suez Canal revenues flat in FY2019-2020

    Suez Canal annual revenues were effectively unchanged in FY2019-2020 despite falling towards the end of the year due to the covid-19 pandemic, Reuters reports. Revenues for the year came in at USD 5.72 bn, down only slightly from USD 5.75...
  • Thursday, 25 June 2020

    IMF forecasts deeper recession, slower recovery as virus fears linger

    YOUR DAILY DOSE OF GLOOM- IMF forecasts deeper global recession, slower recovery as virus fears linger: The global economy will suffer a deeper recession than previously expected as the pandemic continues to intensify in some parts of the world, and...
  • Thursday, 11 June 2020

    Egypt in the News on 11 June 2020

    Egypt’s efforts to reopen its tourist sector is getting ink this morning: AFP covers the health and safety measures put into place in hotels, and the reopening of archaeological sites and beaches. Regeni investigation weighs on Italian warship sale: Italy...
  • Wednesday, 3 June 2020

    Agriculture Ministry aims to export additional products to five markets

    The Agriculture Ministry is hoping to increase commodity exports to five foreign markets: The Agriculture Ministry has opened talks with the Philippines, Thailand, Vietnam, Canada and the US to start exporting grapes, potatoes, citrus, tomatoes and onions, Agricultural Quarantine Authority...
  • Thursday, 21 May 2020

    Will the coronavirus spell the end for globalization?

    Will the coronavirus spell the end for globalization? Globalization and the preeminence of free trade has repeatedly come in waves since the height of the Roman Empire which should give us reason to trust that global trade for the most...
  • Tuesday, 19 May 2020

    Wheat tender will go on despite reduced Romanian crop

    Good news on the food security front: Romania is still interested in selling wheat to Egypt: A prolonged drought is expected to send Romanian wheat production plunging this season, but farmers and experts tell Reuters that the country should still...
  • Sunday, 17 May 2020

    Egypt was the world’s biggest frozen strawberry exporter in 2019

    Egypt was the world’s biggest frozen strawberry exporter in 2019, accounting for 20% of global exports with 140k tonnes exported, according to the local press. Germany imported 24% of Egypt’s total frozen strawberry exports, making it the world’s biggest market...

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