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Tuk-tuk replacement still undecided + ABB to open train component plant in Egypt
The Madbouly government is in talks with an international automaker to produce vehicles to replace tuk-tuks, Public Enterprises Minister Hisham…
Importers are still pushing back on the CBE’s new L/C system
Leading industry figures are still pushing back on the CBE’s requirement that importers open L/Cs: Legislators and industry reps are…
Gov’t to pay more overdue subsidies back to exporters in April + Russia moves forward on Dabaa
Exporters to get more of their overdue subsidies back in April: Exporters in the fourth phase of the government’s program…
Trade Ministry explains export suspensions
Companies barred from importing their products didn’t submit their documents on time, says Trade Ministry: The decision to temporarily suspend…
Nafeza will be rolled out to the nation’s airports in October
Authorities will begin trials of the ACI digital customs tracker for air freight in mid-May ahead of a full rollout…
US sanctions on Russia could cause blowback for the USD
Are US sanctions on Russia harming USD supremacy? Ever since the US announced its unprecedented package of financial sanctions on…
Dubai utilities firm makes USD 6 bn debut + Surprise: War in Europe is bad for global trade
DEWA pulls off one of the biggest IPOs since Aramco: Dubai’s main utilities firm DEWA has raised USD 6.1 bn…
Trade Ministry streamlines import registration procedures
Fast-tracked registration procedures for exporters to Egypt: The Trade Ministry has announced changes to streamline its import registration procedures in…
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