The U.S. trade deficit narrowed slightly in April as a record surge in petroleum exports offset a massive increase in imports of artificial intelligence infrastructure equipment, leaving the underlying trade position little changed.
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CAIRO — Egypt’s petrochemicals sector is intensifying efforts to maximize production efficiency and secure feedstock supplies as authorities seek to strengthen export competitiveness and increase value-added industrial output. During a periodic production committee meeting hosted by Sidi Kerir Petrochemicals Company in Alexandria, Alaa El-Din Abdel Fattah reviewed production rates, operational…
Orascom Investment Holding is preparing to launch a specialised trade platform linking Egyptian manufacturers with buyers in Kenya, in a move that reflects growing efforts by Egypt’s private sector to deepen commercial ties with Africa and convert regional trade agreements into tangible business opportunities. The platform, branded “Outrovato”, is expected to begin operations next year […]
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China’s Angel Yeast, one of the world’s largest yeast and biotechnology producers with operations spanning more than 170 countries, plans to invest between $270 million and $300 million in Egypt between 2026 and 2028, reinforcing the country’s growing role as a manufacturing and export platform serving Europe, Africa and the Middle East. Mahmoud Samy, the […]
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Cairo — Egypt is undergoing a structural transformation in how it generates foreign exchange, with a growing mix of remittances, tourism revenues, logistics activity, exports and foreign direct investment helping strengthen the country’s external position and support the Egyptian pound despite a challenging regional environment. The US dollar fell to EGP 51.79 for buying and EGP […]
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Overall exports slumped by 16.6 percent to 2.1 billion Swiss francs, with American shipments weighing heavily.
India, one of the world’s largest sugar producers, has banned exports of the key commodity until the end of September to ensure enough domestic supplies and prevent prices from rising. The government prohibited exports “with immediate effect”, according to an order issued late Wednesday, other than limited exceptions, including consignments already in the pipeline. Exports […]
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MANILA — The Philippines posted a trade deficit of $4.5 billion in March, wider than the previous months’ gap of $3.7 billion, preliminary official data showed on Thursday. Exports rose 20.4% from a year earlier, while imports increased 12.3% over the same period. —Reporting by Karen Lema; Editing by Martin Petty
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Zelenskyy said he will ease restrictions on Ukrainian arms manufacturers, with regulations prioritizing the requirements of national forces first before exports are allowed.
In 2025, Kyiv rose to become the 4th largest importer of Italian military equipment, up from outside the top 10 the year prior, with exports reaching €349 million ($409 million).
When protests broke out in factories in the Noida area on Monday, several factory owners said they saw it coming.
Director Gene Seroka called the war in Iran and the Strait of Hormuz blockade “a concern, but not a worry,” for the L.A. port.
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India’s defence exports “skyrocketed” to an all-time high of more than $4 billion in the last fiscal year, as it looks to boost its arms manufacturing sector, the government said Thursday. The figures mark a rise of more than 60 percent from 2024, the defence ministry said, and provide a shot in the arm for […]
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MANILA — The Philippines posted a trade deficit of $3.68 billion in February, preliminary official data showed on Friday. Exports rose 8.0% from a year earlier, while imports increased 12.6% over the same period. —Reporting by Mikhail Flores and Nestor Corrales; Editing by John Mair
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A month after banning raw lithium exports, Zimbabwe is tightening its regulations and ramping up its crackdown on mineral smuggling in a major shake-up that is winning local praise even as it stirs concerns. The February 26 ban covered exports of all raw minerals but focused on raw lithium, a critical mineral of which Zimbabwe […]
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Over 90% of Polish imports have come from South Korea and the United States.
One company moved some manufacturing to the US from China, while another is moving it to Denmark. Both blame the tariffs.
Mushroom foraging provides an income for thousands of people in Bosnia and Herzegovina, but much of the industry remains in a grey zone, where foragers work without contracts and exporters dodge forestry fees.