URGENT: Trump unveils 90-day tariff pause, excluding China
US President Donald Trump announced on Wednesday that he has authorised a 90-day pause on certain tariffs, while…
URGENT: Trump hikes tariffs on China to 125%
US President Donald Trump announced on Wednesday via Truth Social that he is immediately raising tariffs on China…
Egypt’s QIZ talks to cut Israeli input on pause after Gaza war outbreak –official
Negotiations between Egypt and the United States to cut the required Israeli input in exports under the Qualified…
Trump tariffs to hit Egypt’s QIZ exports with 10% – trade official
Egyptian exports under the Qualified Industrial Zones (QIZ) agreement will now face a 10 per cent tariff under new…
Egypt must fast-track reforms to offset US tariff shock, says ECES
Egypt must implement urgent and sweeping institutional reforms to protect its exports and investment climate in the…
Shifting iPhone production to US may add 90% to costs, BofA warns
Shifting iPhone production to the US could significantly raise costs for Apple, according to a note from Bank of…
Egypt’s FM, EU Commissioner discuss migration support and cooperation
Egypt’s Foreign Minister, Badr Abdel-Aty, expressed appreciation for the continued European support for…
Sterling slides as tariff fears, global volatility weigh on markets
The pound sterling fell to a one-year low against the euro and a seven-month low against the yen on Wednesday,…
EGX sees broad losses, foreign investors lead sell-off on April 9
The Egyptian Exchange (EGX) closed in the red on Wednesday, with all major indices experiencing losses.
URGENT: EU approves 1st set of countermeasures against US tariffs
The European Union (EU) member states on Wednesday voted in favour of the European Commission’s proposal to…