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Trade relations between Egypt African countries must improve: Talaat

At the American Chamber of Commerce in Egypt, country general manager of IBM Amr Talaat said that trade relations between Egypt and African countries need to improve. He said that African countries receive almost 3% of Egyptian exports, which is a small amount that must be increased. He added that so far, large economies in …

Hisham Salah

Trade balance deficit decreased by 19.9% in October 2016: CAPMAS

The value of Egypt’s trade balance deficit reached EGP 27.83bn during October 2016, as opposed to EGP 34.75bn in the same month of the previous year—a decrease of 19.9%, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS) on foreign trade statistics. The value of exports increased by 21.4%, as …

Hossam Mounir

Trade balance deficit down by 27.1% in September: CAPMAS

The trade balance deficit dropped by 27.1% in September 2016 to EGP 22.66bn, compared to EGP 31.08bn in September 2015, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) monthly bulletin on foreign trade statistics. In a statement issued on Tuesday, CAPMAS noted that the deceleration happened because the value of exports increased …

Hossam Mounir

Deficit in trade balance down by 3.1% in August: CAPMAS

During August, the deficit in the trade balance recorded EGP 37.8bn, compared to EGP 38.9bn in August 2015, a decrease of 3.1%, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) monthly bulletin on foreign trade statistics. In a statement issued on Monday, CAPMAS noted that the deceleration happened because the value of …

Hisham Salah

Deficit in trade balance down by 13.1% in July: CAPMAS

The deficit in the trade balance dropped by 13.1% in July to EGP 30.9bn, compared to EGP 35.6bn in July 2015, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) monthly bulletin of foreign trade statistics. In a statement issued on Wednesday, CAPMAS noted that the deceleration happened because the value of exports …

Hisham Salah

India and Africa rekindle trade ties

Until she travelled abroad when she started college, Zara Mwanzia had thought that chapati—the delicious bread she ate while growing up, which most Kenyans still eat—was a local delicacy. “I was surprised to find out that chapati actually originated from India,” she said, musing at how she had been wrong all those years. Zara could …

Pavithra Rao

China and Japan take a trip to Cuba

In the next few days, the prime ministers of Japan and China will visit Havana to talk about trade and investment. The two countries hope to gain a foothold in a market that is still off- limits to US companies.

Deutsche Welle