Egypt, Japan to form joint trade group: Trade and Industry Minister Amr Nassar yesterday agreed with a Japanese trade delegation to set up a joint working group to promote trade between the two countries, according to a ministry statement. The group will be headed by the chair of the Egyptian Commercial Representation Authority, and feature representatives of Egyptian export councils and the Egyptian trade office in Tokyo. A number of Japanese companies expressed interest in expanding investments in Egypt during the recent Tokyo International Conference on African Development, and plans have been floated for a Japanese industrial zone in the Suez Canal area.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
EGX30 gained 2.79% in 3Q, but September gave back most of its July-August run, with mid-caps falling the hardest
Small- and mid-cap indices widened their lead over the benchmark…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…