• Thursday, 4 April 2019

    Relax non-tariff barriers if you want a trade agreement, US tells Egypt

    EXCLUSIVE- Relax non-tariff barriers if you want a trade agreement, US tells Egypt: There will be no free trade agreement with the US until Egypt relaxes non-tariff trade barriers, a US State Department official told reporters accompanying Amcham’s Doorknock lobbying...
  • Tuesday, 2 April 2019

    Emerging-market SMEs need to overcome these three challenges

    Emerging-market SMEs need to overcome these three challenges: difficulty accessing finance, a lack of specialist expertise and obstacles to international trade, Agility CEO Tarek Sultan writes in the FT. “In emerging markets, SMEs face a particularly harsh existence. Most have...
  • Sunday, 31 March 2019

    LG plans to invest USD 17 mn on three new production lines

    LG Electronics is planning to launch three new production lines to produce refrigerators, automatic washing machines and microwaves, with total investments of USD 17 mn, according to a ministry statement (pdf). The announcement came following a meeting between Trade Minister...
  • Wednesday, 27 March 2019

    ACA, Interior Ministry arrests 23 for illegal currency trading

    Message to folks speculating on the EGP: The Administrative Control Authority and Interior Ministry have arrested 23 people accused of illegal trade in foreign currencies, Ahram Online reports.
  • Sunday, 24 March 2019

    Egypt to export potatoes to Turkey

    Egypt began exporting potatoes to Turkey as of last Thursday, the Agriculture Ministry said in a statement. According to the ministry, Egypt has also been exporting onions to Turkey for the past three months.
  • Thursday, 21 March 2019

    Gov’t agrees to spend EGP 6 bn next year on export incentive program

    The government has agreed to spend EGP 6 bn, up from EGP 4 bn previously, in the coming fiscal year to fund its new export incentive program, export councils told Masrawy. The program will be implemented for a year as...
  • Thursday, 21 March 2019

    Egypt not looking to reduce gas prices for steel factories at present

    Trade and Industry Minister Amr Nassar has said that it would currently be difficult to reduce gas prices for steel factories to USD 5 per million British thermal units (MMBtu) from USD 7, the domestic press reported. Nassar said the...
  • Thursday, 21 March 2019

    Egyptian Business Council for International Cooperation explores business links with Latvia

    Talks with Latvia: Chairman of the Egyptian Business Council for International Cooperation Motaz Raslan met with Latvian Ambassador Iveta Šulca on Sunday to discuss ways of increasing business links between the two countries, according to an embassy statement. The Latvian...
  • Tuesday, 19 March 2019

    FEI delegation visits Zambia to explore investment opportunities

    A Federation of Egyptian Industries delegation led by Chairman of the African Cooperation Committee Sherif El Gabaly is visiting Zambia to explore investment opportunities, the Lusaka Times reports. Gabaly reportedly called Zambia a “priority country for investment,” and voiced intentions...

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