Latest in Tag: trade Highlight

Latest in Tag: trade

China logs solid growth despite trade row

China’s economic expansion has held steady in the first months of the year amid a worsening trade dispute with the United States. Growth was primarily driven by strong e-commerce and factory output.China’s economy grew more than expected in the first quarter as it withstood headwinds from Beijing’s campaign against financial risk and trade tensions with …

Deutsche Welle

Poland to close its trade promotion office in Egypt

The Polish government decided to liquidate its trade and investment promotion section at its embassy in Cairo starting from 1 February 2018, said head of the office Tomasz Przygoda. “30 April is the last working day in Egypt then the office will be closed,” added Przygoda noting, that the liquidation decision includes many other Polish …

Hagar Omran

Haguer Magdi, trade attaché at the Embassy of Belgium in Cairo

Belgian trade mission to Egypt in March 2018

In line with the continuous efforts to foster and enhance the economic and trade relations between the Kingdom of Belgium and the Arab Republic of Egypt, a Belgian trade mission will visit Egypt from 4 to 8 March 2018. The delegation includes representatives from over 25 Belgian companies to provide assistance to Egyptian companies in …

Daily News Egypt

26% decrease in trade deficit in 11M 2017

Minister of Trade and Industry Tarek Kabil said that the trade balance deficit has decreased significantly, by 26%, during the first 11 months (11M) of 2017, versus 13% in 2016. He added that the trade balance deficit has reached $12bn, explaining that $10bn decline in imports and $2bn increase in exports in the first 11 …

Nehal Samir

Canada cautions Boeing amid trade row

Amid a trade row with the US, Canada announces it is looking to buy 88 military jets. The news comes after the government said it would rather buy used fighter jets from Australia than new ones from Boeing.Canada launched a much anticipated process to replace its ageing fleet of CF-18 Hornet fighter jets Tuesday, announcing …

Deutsche Welle

New EU-Mexico trade deal edges closer

The EU and Mexico have had a free trade agreement for 17 years, but have been negotiating a new one for the past 18 months. Following the most recent round of talks, hopes are high that a deal can be concluded next week.The EU and Mexico hope to conclude a new trade agreement by the …

Deutsche Welle

Trade deficit down 26.7% in August 2017

The trade balance deficit decreased in August to $3.31bn, down from $4.52bn during the same month last year, marking a drop of 26.7%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The report noted that the value of exports increased by 17.0%, as it reached $2.17bn during August 2017 versus $1.86bn in …

Daily News Egypt

Meeting international standards would enhance Egyptian exports, facilitate trade: agricultural counsellor of US embassy

Linking farmers to processors and creating business opportunities in the agro-industrial value chain will encourage small and medium enterprises to invest in the agricultural sector Egyptian extra-long and long staple varieties are facing some challenges in world markets. Ali Abdi, the agricultural counsellor of the US embassy, highlighted in an interview with Daily News Egypt …

Daily News Egypt

Kabil discusses with French ambassador boosting trade, investment relations between Egypt, France

Minister of Trade and Industry Tarek Kabil held a meeting on Wednesday with Stefan Roumtier, the French ambassador to Egypt, to discuss the joint economic cooperation between the two countries, as well as increasing bilateral trade and investments, especially during the upcoming period. Kabil and Roumtier discussed the future and nature of the expected cooperation …

Reem Hosam El-din