Egypt's central bank governor met with a senior Chinese delegation in Cairo on Tuesday as the two countries look to deepen economic and financial collaboration under China's Belt and Road Initiative.
Hassan Abdalla, Governor of the Central Bank of (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), received a high-level delegation from Beijing, led by Sun Shuo, Deputy Mayor of the Chinese capital, during a meeting held at the CBE headquarters in Cairo. The visit comes as part of the (...)
Oil prices were little changed on Monday as investors weighed the uncertain outlook for US-China trade talks against expectations of increased supply from OPEC+.
Brent crude futures slipped 13 cents to $66.74 a barrel, while US West Texas (...)
Egypt's Minister of Housing, Utilities and Urban Communities Sherif El Sherbiny has met with Chinese Minister of Housing and Urban-Rural Development Ni Hong in Beijing to expand bilateral cooperation in housing and infrastructure. During the (...)
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny met with Zheng Xuexuan, Chairperson of China State Construction Engineering Corporation (CSCEC), at the company's headquarters in Beijing to discuss ongoing and future (...)
Egypt's Minister of Housing, Utilities and Urban Communities Sherif El Sherbiny met on Tuesday in Beijing with Chairman of China State Construction Engineering Corporation (CSCEC) Zheng Xuexuan, the Egyptian Cabinet reported. The meeting tackled the (...)
شهد مؤتمر التعاون التجاري والاقتصادي بين مصر وشينزن ، والذي تستضيفه القاهرة اليوم الأحد ، توقيع 9 مذكرات تفاهم بين مؤسسات مصرية وصينية، وذلك ضمن فعاليات المؤتمر التعاون بحضور السفير الصيني بالقاهرة وممثلي القطاع العام والخاص من البلدين.
مجالات (...)
شهدت العاصمة الصينية بكين حدثًا فريدًا من نوعه، حيث أُقيم أول سباق نصف ماراثون يجمع بين البشر والروبوتات، في عرض مبهر يجسد التقدم التكنولوجي في مجال الروبوتات البشرية. وشارك في السباق نحو 20 روبوتًا ثنائي الأقدام إلى جانب أكثر من 10 آلاف عدّاء بشري، (...)
Fitch Ratings has lowered its growth forecast for China to under 4 per cent for both 2025 and 2026, citing escalating tariffs and deflationary pressures that are expected to stall the country's recent momentum, it said in a special update to its (...)
The director of the United Nations' trade agency warned on Friday that retaliatory tariffs and countermeasures could have a "catastrophic impact" on developing countries, potentially worse than cuts to foreign aid.
The International Trade Centre (...)
Chinese stock exchanges have introduced daily restrictions on net share sales by hedge funds and large retail investors, four sources with knowledge told Reuters on Friday. Beijing ramps up efforts to stabilise its markets amid an escalating trade (...)
China raised its tariffs on US imports to 125 per cent, its Finance Ministry announced on Friday, escalating the trade war after President Trump's decision to increase US tariffs on Chinese goods to 145 per cent. The move intensifies a trade dispute (...)
The White House clarified on Thursday that China now faces a minimum tariff rate of 145 per cent on all imports to the United States.
This follows President Trump's comments on Wednesday about increasing tariffs to 125 per cent after Beijing (...)
China will raise tariffs on US goods to 84 per cent starting Thursday, up from the previously announced 34 per cent, its finance ministry said on Wednesday, intensifying a global trade war triggered by US President Donald Trump's sweeping (...)
Oil prices plunged to four-year lows on Wednesday, with Brent crude falling $4.02, or 6.40 per cent, to $58.80 a barrel and US West Texas Intermediate (WTI) dropping $4.03, or 6.76 per cent, to $55.55, after China announced steep new tariffs on US (...)
US Treasury Secretary Scott Bessent criticised China's decision to impose 84 per cent retaliatory tariffs on American imports, describing it as unfortunate and a losing proposition for Beijing.
"I think it's unfortunate that the Chinese actually (...)
Global stock markets rebounded on Tuesday after three days of sharp losses wiped trillions of dollars off share valuations, as hopes emerged that Washington may be open to trade negotiations. However, investor sentiment remained fragile amid (...)
Chinese buyers of US liquefied natural gas (LNG) are increasingly reselling cargoes to Europe as tariffs imposed by Beijing drive up import costs. The trend is expected to intensify with new multi-year supply deals and weaker domestic demand in (...)
China's Ministry of Commerce has announced on Friday new export restrictions on certain rare earth materials, a move that further intensifies trade tensions with the United States.
Effective April 4, the controls apply to the export of medium and (...)
US President Donald Trump's 25 per cent tariff on steel and aluminium imports took effect on Wednesday, expanding to downstream products and prompting swift global backlash.
The European Union (EU) condemned the move as "unjustified" and announced (...)
Chinese electric vehicle maker BYD is selling its Hong Kong shares to raise up to $5.2 billion through an accelerated book-building process, as per a deal term sheet seen by Reuters on Monday.
The company has established a price range of (...)
Egypt and China's Sinoway Forest Technology Co., a wholly-owned subsidiary of Sinoway Holdings (Beijing) Co., Ltd. are exploring collaboration on afforestation and forest restoration projects in the North African country, as per a Cabinet statement (...)
Egypt's Minister of Foreign Affairs, Badr Abdelatty, held a phone call with his Chinese counterpart, Wang Yi, to discuss the strengthening of bilateral relations and the latest developments in the Middle East.
According to a statement from Ministry (...)
China will provide foreign financial institutions with equal treatment to domestic ones in offering new financial services in select free trade zones, the central bank announced on Wednesday.
The country will also assist in the transfer of funds for (...)
Hong Kong plans to introduce a new yuan trade finance scheme and expand its Bond Connect programme for Chinese investors, said Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), on Monday.
China's central bank governor made (...)
