• Monday, 18 March 2019

    What we’re tracking on 18 March 2019

    It’s another quiet news day here at home — not that there’s anything wrong with that, as a brilliant show once suggested. The Arab African Youth Platform convened by President Abdel Fattah El Sisi wraps up today. El Sisi used...
  • Sunday, 17 March 2019

    FEI signs MoU with South African counterpart to boost trade

    Egypt, South Africa look to boost trade: The Federation Of Egyptian Industries (FEI) has signed a memorandum of understanding (MoU) with its South African counterpart to boost trade ties between the two countries, Al Masry Al Youm reported. No further...
  • Sunday, 17 March 2019

    Egypt to begin implementing new exports incentive program next fiscal year

    Gov’t to begin implementing new export incentive program next fiscal year: The government will begin implementing a new, flexible export incentive program next fiscal year, according to a Cabinet statement. The program will be implemented for a year as a...
  • Wednesday, 13 March 2019

    Banque du Caire inaugurates representative office in UAE

    Banque du Caire has opened a rep office in the UAE as part of its regional expansion drive, according to a statement picked up by Zawya. Chairman and CEO Tarek Fayed said that the UAE office will help spur trade...
  • Monday, 11 March 2019

    Japan considers establishing industrial zone in Suez Gulf area

    Japan is considering establishing an industrial zone in the Suez Canal area, the Industry and Trade Ministry said in a statement (pdf). Industry Minister Amr Nassar met a delegation of Japanese companies and investors and discussed ways and opportunities for...
  • Wednesday, 6 March 2019

    Upper Egypt to get first commercial and logistics zone with EGP 2 bn investments

    Head of the Supply Ministry’s Internal Trade Development Agency (ITDA) Ibrahim El Ashmawy and Qena Governor Abdel Hamid Al Hagan have signed off on the establishment of the first commercial and logistics zone in Upper Egypt with EGP 2 bn...
  • Wednesday, 6 March 2019

    US Soybean Council announces trade visit to Egypt

    The US Soybean Export Council (USSEC), a national group representing US soybean farmers, will visit Egypt to build trade relations and meet with investors, according to a statement issued by the council. Roughly 60% of US-grown soy is exported to...
  • Wednesday, 6 March 2019

    As Egypt’s rice production falls, Nigeria becomes Africa’s largest rice producer

    Egypt’s rice production has fallen almost 40% y-o-y in 2019, with Nigeria now overtaking us as Africa’s largest rice producer,Nigerian news outlet Naij.com reports. Egypt was previously producing 4.3 mn tonnes of rice a year but the government decided to...
  • Wednesday, 6 March 2019

    EM growth potential and the factors impacting it

    Global equities are currently risk-positive as inflows into risk assets remain low, investors remain long on cash and central banks hold off rate-hikes, Dwyfor Evans, Macro Strategist for State Street, argues on Bloomberg Radio (listen, runtime: 06:57). Evans highlights EM...

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