The brokerage’s current forecast gives a 6% ‘upside’ potential by the end of the year for the benchmark index, which is used to gauge the broader global equity market performance

The MSCI EM equities index fell 1.6%, having dropped as much as 1.9% earlier in the session. The benchmark was set for its biggest percentage drop since April 16

The industrial sector, which is represented by 4,702 companies promoting the employment of 534,000 people, contributes 90% to exports, or 50 billion dinars/year, said Minister of Industry, Mines and Energy, Fatma Thabet.

The trade exchange between Egypt and Hungary rose by 16.9% year on year (YoY) to $379 million in 2023, compared to $324 million, Minister of Trade and Industry Ahmed Samir stated.

Over the past years, the government has actively worked on developing the tax system by implementing various projects and initiatives aimed at simplifying procedures and stimulating the investment environment

The amendment of the free trade agreement signed by Tunisia and Turkey helped increase Tunisian exports (+7.3%) and cut imports (-5%) in the first fourth months of 2024, said Head of Cooperation with Europe at the Trade and Export Development Ministry Nabil Arfaoui.