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BUSINESSSep 5China expands currency swap with Egypt as trade ties reach new heightsEgypt’s expanded currency swap with China may help bring the yuan into wider use in trade and investment, but experts say any reduced reliance on the US dollar will not happen in a hurry. Chinese President Xi Jinping and his Egyptian counterpart Abdel-Fattah el-Sisi this week backed greater use of their currencies, while linking closer financial ties to plans for new factories, energy projects and digital infrastructure. A joint statement released on Wednesday during Xi’s state visit to Cairo...South China Morning Post

BUSINESSSep 2Egypt: Cairo and Beijing sign deals on economy, technologyOn Wednesday, Xi Jinping and his Egyptian counterpart, president Abdel Fatah el-Sissi, oversaw the signing of a series of deals, including on technology, economic co operation and the digital economy.Africanews [en]

BUSINESSJul 24Hong Kong’s TDC to open Egypt office as it eyes African, Nordic marketsHong Kong’s trade promotion body will set up a new office in Egypt within the next nine months to expand its footprint in Africa, while recalibrating resources for Nordic countries through its European bases as traditional markets face slower growth. Hong Kong Trade Development Council chairman Frederick Ma Si-hang said on Friday that the organisation had revamped its corporate structure to better help companies in six new industry clusters develop promotional strategies. Ma, a former commerce...South China Morning Post