• Wednesday, 9 October 2019

    What we’re tracking on 9 October 2019

    Prime Minister Moustafa Madbouly’s statement to the House yesterday didn’t quite have the intended effect. MPs stepped up their criticism of the government’s reform program, despite Madbouly painting a positive picture of the macroeconomy. One by one, MPs took turns...
  • Tuesday, 8 October 2019

    26 new Egyptian companies join QIZ agreement with the US

    Twenty-six Egyptian companies qualified for inclusion in the Qualified Industrial Zones (QIZ) export agreement with the US and Israel between January August, bringing the total number of companies under the agreement to 1,030, a Trade Ministry source told the local...
  • Thursday, 3 October 2019

    Long-delayed steel tariffs ruling takes its toll on local steelmakers

    Long-delayed steel tariffs ruling takes its toll on local steelmakers: Egyptian steel companies have slashed prices as they struggle to cope with the uncertainty caused by the delayed ruling on the government’s imposition of tariffs on rebar and iron billets,...
  • Tuesday, 1 October 2019

    Egypt, EAEU to hold new round of trade talks this month

    New round of EAEU trade agreement talks: Egypt and the Eurasian Economic Union (EAEU) will resume on Saturday talks over a trade agreement that would also see the creation of freetrade zones in Egypt, head of the Egyptian Commercial Service...
  • Sunday, 29 September 2019

    Egypt moves closer to setting up risk assurance company to protect Africa exporters

    A proposal to set up a risk assurance company to protect exporters doing business in Africa has been completed and will be presented to the central bank’s board of directors in the coming days, CBE African affairs advisor Naglaa El...
  • Sunday, 29 September 2019

    China aims to more than double investments in Egypt to USD 15 bn

    China is looking to more than double its investments in Egypt to USD 15 bn from USD 7 bn currently, Chinese Ambassador to Cairo Liao Liqiang said on the sidelines of the China Trade Fair in Cairo. Liqiang did not...
  • Sunday, 29 September 2019

    Egypt moves closer to setting up risk assurance company to protect Africa exporters

    A proposal to set up a risk assurance company to protect exporters doing business in Africa has been completed and will be presented to the central bank’s board of directors in the coming days, CBE African affairs advisor Naglaa El...
  • Sunday, 29 September 2019

    China aims to more than double investments in Egypt to USD 15 bn

    China is looking to more than double its investments in Egypt to USD 15 bn from USD 7 bn currently, Chinese Ambassador to Cairo Liao Liqiang said on the sidelines of the China Trade Fair in Cairo. Liqiang did not...
  • Sunday, 22 September 2019

    Egypt signs first settlement in new export subsidy framework

    Exporter sees first settlement under long-anticipated export subsidy program: The finance and trade ministries have signed a settlement agreement with Sumitomo Tires that will see the company receive overdue subsidies in less than five years as part of the government’s...

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