Egypt plans to invest EGP 9.7b in Suez governorate
Egypt’s Ministry of Planning and Economic Development allocates a total of 9.7 billion Egyptian pounds for 189…
Egypt-Arab trade volume drops to $26b in ’23 – CAPMAS
The trade volume between Egypt and Arab countries reached $26 billion in 2023, down from $29.5 billion in 2022.…
Venezuela’s Maduro imposes 9% tax for pensions
Venezuela’s President Nicolas Maduro has issued a verdict implementing 9 per cent tax on private companies, aiming…
China fines businesses including KFC for refusing cash payments
China's central bank fined seven businesses, including a KFC franchise, for refusing cash payments, with penalties…
EGP stays stable vs. USD as Sunday market opens
The Egyptian Pound (EGP) remained stable against the US Dollar (USD) at the market opening on Sunday, May 19, 2024.
China probes chemical dumping by EU, US, Japan, Taiwan
China is investigating potential dumping of POM copolymers from theEuropean Union, United States, Japan, and…
Egypt’s c. bank issues EGP 55b in T-bills
The Central Bank of Egypt (CBE) is offering 55 billion Egyptian pounds in treasury bills (T-bills) on Sunday, in…
Stricter penalties urged on FX real estate purchases
This past week was filled with a wide range of events, situations, and emotions, from uplifting and inspirational…
Indian steel braces for Chinese influx after US tariffs
India's steel industry is preparing for a possible increase in Chinese steel imports due to US tariffs on Chinese…
China’s iron ore demand stabilises, focus shifts to decarbonisation
China's demand for imported iron ore may have reached its peak, but the types of imports are expected to change as…
