Tariffs

Verofax facilitates Egyptian EU Export with CBAM Compliance and Lifecycle Assessment Solutions

  Egyptian Businessmen's Association (EBA) convenes export symposium on February 9 CAIRO, Feb 15, 2024 - (ACN Newswire) - The Egyptian Businessmen's Association (EBA) convened a symposium on February 9, chaired by Engineer Majd al-Din al-Manzalawi, Secretary-General and Chairman of the Association’s Industry and Scientific Research Committee, to address the challenges and opportunities presented by the Carbon Border Adjustment Mechanism (CBAM), a law governing manufacturing standards for Egyptian exporters. [caption id="attachment_1874375" align="alignnone" width="780"] The Egyptian Businessmen's Association (EBA) convened to discuss the importance of technology in keeping factories compliant with export

Beyond the Dollar

The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

India’s next Olympian from esports

India has taken a shine to esports – this was particularly true in the lockdown necessitated by the pandemic. The country’s gaming industry has climbed the number one spot in the world with mobile users being the largest followed by PC users and tablet users. The low data tariffs, high-speed 4G internet and access to affordable smartphones have helped accelerate the number of mobile users. Industry experts are of the opinion that esports will dominate the Indian gaming scenario in 2021. India’s online gaming space currently stands at $290 million, however,

Xbox Series X Still On Track To Launch This Holiday, Despite COVID-19, But Questions Remain

The outbreak of COVID-19, which has been declared a global pandemic, is impacting and interrupting a number of businesses and industries. This includes gaming, as development teams move to a work-from-home structure and global tournaments decide to postpone or cancel. 2020 is a massive year for gaming because both Microsoft and Sony are launching next-generation consoles this holiday.Since these consoles are assembled in China, which is where COVID-19 originated and has seen thousands of cases, many are wondering if these new consoles will be able to launch on schedule. For