The New Development Bank (NDB) has approved Colombia and Uzbekistan as new members, its president Dilma Rousseff said, as the lender focuses on expanding its membership and increasing financing in local currencies for sustainable development in the (...)
Egypt has been selected as one of seven countries to benefit from the Climate Investment Funds' (CIF) $1bn Industrial Decarbonisation Programme, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat announced on (...)
Al Baraka Group has stepped up efforts to bolster cross-border trade among its banking units, organising strategic trade finance events and launching enhancements to its integrated platform to support clients' access to global markets, the (...)
Egypt is set to host the seventh edition of Big 5 Construct Egypt from June 17 to 19 in Cairo, with a strong focus on sustainable building, digital transformation, and regional infrastructure development. The event, co-located with the third edition (...)
The Climate Investment Fund (CIF) selected Egypt among seven countries to benefit from its $1 billion programme aimed at cutting emissions in the industrial sector of developing economies, as per a Cabinet statement.
The initiative, the first global (...)
Egypt's trade with BRICS nations rose 19.5 per cent in 2024 to $50.8 billion, up from $42.5 billion in 2023, according to data released by the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Sunday.
Egypt officially joined the (...)
US President Donald Trump warned that the US will impose an additional 10 per cent tariff on any country aligning with BRICS, as the bloc of developing nations launched its summit in Brazil on Sunday. The move followed a joint BRICS statement (...)
Trade volume between Egypt and African Union countries reached $9.8 billion in 2024 against $9.2 billion in 2023, a 6.5 per cent increase, according to recent figures published by Egypt's state statistics agency, CAPMAS.
Egyptian exports to African (...)
The European Commission adopted its first list of 13 Strategic Projects on critical raw materials outside the EU, aiming to diversify supply sources and boost economic security, the Commission announced on Wednesday.
These projects, located in (...)
A team representing Egypt's petroleum sector clinched first place at the BRICS+ League of Young Professionals of the CASE-IN® Championship, held in Moscow from May 26 to 31, with a pioneering project for smart biogas production units powered by (...)
Egypt, with an overall score of 49.91 out of 100, has secured a position within the top three best-performing countries in Africa, alongside Morocco (49.17), in a new exclusive ranking by Jeune Afrique. South Africa leads the list of 20 nations with (...)
The African Development Bank (AfDB) will elect a new president this week during its annual summit in Abidjan, as the institution faces a looming $555 million funding cut by the United States.
Five candidates from South Africa, Senegal, Zambia, Chad (...)
Trade volume between Egypt and African Union countries reached $9.8 billion in 2024 against $9.2 billion in 2023, a 6.5 per cent increase from 2024, according to recent figures published by Egypt's state statistics agency, CAPMAS.
Egyptian exports (...)
يشهد عالم الأزياء والموضة تحولا جذريا تقوده تقنيات الذكاء الاصطناعي، التي باتت تقتحم مختلف جوانب هذه الصناعة، من تصميم الأزياء إلى عرضها، مرورا بالتصوير والترويج, ففي السنوات الأخيرة، أصبح من الممكن تنفيذ حملات دعائية وعروض أزياء متكاملة دون الحاجة (...)
Trade between Egypt and African Union (AU) countries reached $9.8bn in 2024, up from $9.2bn in 2023, marking a 6.5% year-on-year increase, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The announcement coincides (...)
Egypt's National Food Safety Authority (NFSA) head Tarek El-Houby met with a delegation from the South African Bureau of Standards (SABA) in Pretoria as part of the trade mission organised by the Egyptian Food Export Council (FEC) to South (...)
South Africa recorded a budget deficit of 13.11 billion rand ($704 million) in March, according to data released by the National Treasury on Wednesday. This marks a sharp reversal from the 3.36 billion rand surplus registered in the same month last (...)
Egypt officially assumed the presidency of the African Continental Free Trade Area (AfCFTA) Council of Ministers, succeeding Tanzania at the body's 16th session in Kinshasa, capital of the Democratic Republic of the Congo.
According to a government (...)
Egypt's central bank governor Hassan Abdalla called for stronger global policy coordination to support emerging markets hit by trade wars, supply chain disruptions, and volatile investment flows.
Speaking at the G20 finance ministers and central (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the second meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG), held on 23–24 April 2025. The meeting took place on the sidelines of the Spring Meetings (...)
Amr Talaat, Egypt's Minister of Communications and Information Technology, held a high-level meeting with Shameel Joosub, CEO of Vodacom Group, Mohamed Kamal Abdallah, CEO and Managing Director of Vodafone Egypt, and a visiting delegation from South (...)
South Africa's presidency responded to new US tariffs on Thursday, calling for the negotiation of a new trade deal to ensure long-term trade certainty. US President Donald Trump's announcement on Wednesday included global reciprocal tariffs, with a (...)
The China Civil Engineering Construction Corporation (CCECC) will invest $1.4 billion under a 30-year concession to upgrade the Tanzania-Zambia railway (TAZARA), the line's operator announced Thursday.
TAZARA serves as a crucial export route for (...)
AliExpress, the global online retail marketplace, has announced a major expansion in its payment options for shoppers across Africa, including Egypt, South Africa, Algeria, Ethiopia, Morocco, and Tanzania. This initiative, launched in March, aims to (...)
Afghanistan's Ministry of Commerce and Industry reported on Sunday that the country's international trade in goods amounted to $295 million in the Persian calendar year 1403.
From March 20, 2024, to March 20, 2025, the country exported goods valued (...)
