Egypt, Chinese group discuss $2bn SCZONE complex
Egypt is in talks with a leading Chinese aluminium group over plans to invest up to $2 billion in an integrated…
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aluminium
Egyptian-Saudi Techno Bond plans $50 million aluminium plant in Suez Zone
Egyptian-Saudi joint venture Techno Bond plans to invest up to $50 million to establish a complex producing…
Egypt-Saudi trade hits $5.9b H1-2025: CAPMAS
Egypt’s trade with Saudi Arabia rose 21 per cent year-on-year to $5.9 billion in the first half of 2025, driven by…
Egypt, India explore expanding industrial, investment ties
Egypt’s Minister of Public Business Sector Mohamed Sheemy met on Tuesday with India’s Ambassador to Egypt Suresh…
Japan’s export growth slows in March
Japan’s exports rose 3.9 per cent year-on-year (YoY) in March, falling short of the 4.4 per cent forecast, as new…
UK raises export support amid trade pressures
Britain announced on Sunday it will boost its export finance support by £20 billion ($26 billion) to help…
EU freezes tariff countermeasures after Trump’s pause
European Commission President Ursula von der Leyen said on Thursday that the European Union will pause its planned…
EU’s Von der Leyen: Trump’s tariff pause a step towards stability
European Commission President Ursula von der Leyen on Thursday described US President Donald Trump’s unexpected…
Eurozone investor morale slumps to 18-m low – Sentix
Investor confidence in the eurozone plunged in April to its lowest level since October 2023, as new US tariffs…
Bitcoin recovers amid softer US inflation
Bitcoin rose 1.8 per cent to $83,511.6 on Thursday, recovering further from recent losses as softer-than-expected…
UAE’s non-oil exports reach record levels in H1 ’24
UAE's non-oil exports reached record levels in the first half of 2024, matching the total exports from 2019. The…
WTO questions China’s lack of transparency in industrial support
The World Trade Organisation (WTO) stated that it lacked transparency in understanding China's financial support.
Global commodity prices surge amid supply challenges – PMI
Global commodity prices surged to a 21-month high by the end of June 2024, driven by escalating supply chain…
EU, Egypt: strong ties amidst global challenges – EU official
EU-Egypt trade has quadrupled over the past 20 years, rising from €8.6 billion to €37.2 billion. Currently, the EU…
China steps up new regulations for carbon trading
China introduced on Sunday new regulations governing carbon emissions trading to combat CO2 data fraud as a part of…
Aussie aluminium plant buys solar energy to reduce emissions
Rio Tinto announced on Wednesday a deal to purchase power from a new solar farm in Queensland to make their…
Dollar draws relief from White House raising chance of tariff exemptions, euro awaits ECB
Dollar prices recovered ground on Thursday, drawing relief from positive labor market data and the White House…
China’s Goodsense to build $100 million aluminium factory in Egypt – minister
China's Guangzhou Goodsense Decorative Building Materials Co. Ltd. plans to establish a new factory in Ataqa in…
Egypt to export aluminum rods and bars to Italy with €4m
Egyptian Commercial Services Office in Milan concluded an agreement between one of largest Italian firms working in…
Egypt Cuts Natural Gas Subsidies to Factories
Egypt slashed its natural gas subsidies to several industries increasing gas prices by 30-75 percent, part of…