Section: Egypt
Russia’s take on Trump: glee gives way to frustration
The barely-disguised delight in Moscow that greeted Donald Trump’s victory on November 8 has gradually melted into a mixture of confusion and frustration.And that in turn has led to a cold-eyed reappraisal among Russian officials of what can be achieved with the Trump Administration.The reappraisal was crisply expressed by President...
British foreign minister to visit Russia to discuss differences on Syria, Ukraine
Britain’s foreign minister Boris Johnson will go to Moscow in the coming weeks to discuss the differences between the two countries over Syria and Ukraine, the Foreign Office said on Saturday, in the first such visit for five years.Britain backed sanctions against Russia in response to its annexation of Crimea in 2014, and the countries...
Herbs Maker targets EGP 100m of exports this year
Herbs Maker, a company for the production and export of herbs, spices, and grains, aims to achieve EGP 100m of exports in 2017. Chairperson of the company Ahmed Nagy said that the company aims to increase the size of its herbal products, spices, and cereals exports by 40% to reach EGP 100m, up from EGP 70m last year. He told Al Borsa that the...
US lawmakers push for answers on Trump team’s Russia ties
A crisis over the relationship between President Donald Trump’s aides and Russia deepened on Wednesday as a growing number of Trump’s fellow Republicans demanded expanded congressional inquiries into the matter.Trump sought to focus attention on what he called criminal intelligence leaks about his ousted national security adviser,...
Initial reconciliation between Flash Tour and the Ukranian company Join Up, sources
Sources at the Egyptian Travel Agents Association and the Ministry of Tourism revealed that the amount of money disputed between the Ukrainian company Join Up and the Egyptian company Flash Tour is roughly $2.7m. The sources said that the Ministry of Tourism has intervened to resolve the dispute in order to preserve the continuation of the work...
Agricultural crop companies offer prescription to increase exports after floatation
Leaders of a number of companies that will take part in the Fruit Logistica Exhibition called upon the government to intensify the role of trade representation offices at Egyptian embassies abroad to become a liaison between companies and importers. They said that companies should put together a strategy to set the prices and quantities that are...
Trump says media ‘doesn’t want to report’ extremist attacks
President Donald Trump on Monday accused the media of deliberately minimizing coverage of the threat posed by the Islamic State group, saying news outlets “have their reasons” for not reporting what he described as a “genocide” underway at the hands of the group.The president did not immediately offer evidence to support...
Nile Establishment for International Trade targets exporting 60,000 tonnes of oranges in 2017
The Nile Establishment for International Trade aims to export 60,000 tonnes of oranges worth $27m in 2017, up from 41,000 tonnes at $18.5m in 2016, with an average price of $450 per tonne. The head of exports and logistics, Nader Shanab, said that the company targets to hit an increase of 46%. He added that the decision to float the Egyptian...
Royal for International Trade to enter 5 markets, including Malaysia, Singapore, Bangladesh
Royal for International Trade intends to export 20,000 tonnes of citrus fruits in 2017, up from 16,700 tonnes last year, a target growth of 20%. The chairperson of the company, Shady El Adawy, said that Royal exports its products to 20 companies worldwide, with plans to penetrate five new markets in 2017 as part of its ambitious expansion plan....
Kremlin disagrees with Trump’s assessment of Iran
The Kremlin said on Monday it did not agree with US President Donald Trump’s assessment of Iran as “the number one terrorist state” and wanted to deepen what it described as already good ties with Tehran.The Kremlin was responding to comments Trump made to Fox News in an interview aired at the weekend in which he complained that...
