International News S&P raises OPEC Fund rating after signing new $600mln financing Aya El Sayed Dec 21, 2023 0 S&P Global Ratings, an international ratings agency, raised the long-term issuer credit rating of the OPEC Fund…
Tech/AI International trade set to shrink 27% in Q2 after April ‘nosedive’: UNCTAD Amwal Al Ghad English Jun 11, 2020 0 International trade is set to plunge by 27 percent in the second quarter and by 20% for the year, as major sectors,…
Banks Banque Misr, EBRD sign $50 mln facility to foster foreign trade in Egypt mohamed Hamdy Oct 1, 2018 0 Egypt’s second-largest state bank, Banque Misr, signed a $50 million trade facility agreement with the European…
International News China’s international trade grows less than expected, surplus with US falls Yomna Yasser Aug 8, 2017 0 China said Tuesday that July exports rose 7.2 percent in dollar terms, while imports were up 11.0 percent in dollar…
Banks EBRD Lends $50mn to National Bank of Egypt to Support Int’l Trade Yomna Yasser Feb 20, 2014 0 The European Bank for Reconstruction and Development (EBRD) signed on Wednesday two agreements to provide a US$50…
Industry & Trade No intention to raise tariffs Amwal Al Ghad English Nov 11, 2013 0 International agreements cost the state LE11 bln annually, economic yields redress Tender of inspection devices…
Egypt News Trade Minister: International Trade Point To Be Set Up In Sinai Amwal Al Ghad English Sep 10, 2013 0 Minister of Trade and Industry Mounir Fakhry Abdel-Nour and North Sinai Governor Abdel-Fattah Harhour co-signed on…
Banks France and China to Set up Currency Swap Line – Hollande Administrator Jun 26, 2013 0 France is working on setting up a currency swap line with China to boost the yuan's presence in international…