Trade

Deficit in balance of trade down by 72% in September
Business

Deficit in balance of trade down by 72% in September

The deficit in the September 2013 trade balance declined by 28 percent to reach LE67.12 billion, compared to LE93.18 billion in…
Turkish deposit at CBE governed by 5-year agreement: government source
Business

Turkish deposit at CBE governed by 5-year agreement: government source

Federation of Egyptian Industries Chief Mohamed al-Seweidy said the federation will submit a request to the Trade and Industry Ministry…
Fahmy and EU’s Ashton discuss bilateral relations
Egypt

Fahmy and EU’s Ashton discuss bilateral relations

Foreign Minister Nabil Fahmy on Wednesday discussed a range of issues facing Egypt with EU foreign policy chief Catherine Ashton,…
Supply Minister examines ways to bolster trade ties with the US
Egypt

Supply Minister examines ways to bolster trade ties with the US

  Minister of Supply and Internal Trade Mohamed Abu Shady held a meeting with US Agriculture Secretary Plenipotentiary Ron Verdonk in…
Businessmen pressure Turkey to shift Egypt stance
Egypt

Businessmen pressure Turkey to shift Egypt stance

The Egyptian-Turkish Business Council said Turkish businessmen with businesses in Egypt will pressure the Turkish government to take less stringent…
Pound weakens to new record low
Business

Pound weakens to new record low

The Egyptian pound weakened to a  record low against the US dollar in interbank trade and slid further still on…
Part of British trade mission to Egypt declines visit
Business

Part of British trade mission to Egypt declines visit

Five companies that were supposed to be part of a British trade mission to Egypt to discuss investment opportunities have…
Suez Canal Authority contemplates fee increase
Business

Suez Canal Authority contemplates fee increase

The Suez Canal Authority is considering increasing fees next year up to five percent, an authority source said Thursday. The…
Shop owner strike paralyzes Port Said commerce
Egypt

Shop owner strike paralyzes Port Said commerce

Shop owners in Port Said went on strike by closing their shops Sunday, to defy the government’s decision to only…
Egypt seeks to double trade with Turkey
Egypt

Egypt seeks to double trade with Turkey

Egyptian and Turkish officials are scheduled to discuss a number of issues related to increasing the volume of Turkish investments…
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