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Al-Ahram Weekly
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Economy
4/23/2024 9:47:25 PM
The easing dollar crisis is paving the way for a promising wheat season, reports Ahmed Abdel-Hafez
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Business
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Economy
4/23/2024 7:42:34 PM
Prime Minister Mostafa Madbouly affirmed on Tuesday that the banking system stands fully ready to secure the foreign currency necessary to increase the strategic reserves of essential commodities.
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Business
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Economy
4/16/2024 10:38:59 PM
Minister of Supply and Internal Trade Ali Moselhi announced on Tuesday that a higher committee will be formed in the upcoming days to monitor the prices of bread in light of changes in flour prices.
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Egypt
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Society
4/16/2024 6:16:40 PM
Governorates across Egypt started on Monday receiving local wheat from farmers, setting their sights on collecting 3.5 million tons of the staple crop during the 2024 wheat supply season.
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Al-Ahram Weekly
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Egypt
3/19/2024 9:20:26 PM
A promising wheat season is in the offing thanks to a decrease in international prices and an increase in procurement prices from local farmers, reports Ahmed Abdel-Hafez
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Egypt
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Society
3/14/2024 1:38:27 PM
Egypt’s cabinet has increased the local wheat procurement price by 25 percent from EGP 1,600 to EGP 2,000 per ardeb (1 ardeb = 150 kg) for the forthcoming harvest season.
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Business
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Economy
1/28/2024 2:56:07 PM
The Ministry of Supply and Internal Trade has suspended trading on wheat in the Egyptian Mercantile Exchange (EME) due to price speculation in the local market, said Minister Ali Moselhi on Saturday.
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Business
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Economy
1/7/2024 6:51:40 PM
Egypt’s wheat imports increased by over 14.5 percent to 11 million tons in 2023 compared to 9.6 million tons in 2022, Deputy Minister of Supply and Internal Trade Ibrahim Ashmawy said on Saturday.
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Business
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Economy
12/12/2023 4:39:19 PM
Egypt’s strategic sugar reserves can cover local consumption needs for nearly 7.8 months, Minister of Supply and Internal Trade Ali Moselhi revealed in a press conference on Tuesday.
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Business
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Economy
11/2/2023 8:10:22 PM
The Egyptian Cabinet increased the reference local wheat procurement price from EGP 1,500 to EGP 1,600 per ardeb (150 kg) for the new harvest season to incentivize farmers to supply to the state, according to a statement on Thursday.
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Al-Ahram Weekly
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Economy
10/24/2023 10:03:28 PM
The government is working to ensure that Egypt’s stocks of wheat remain topped up, reports Ahmed Abdel-Hafez
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World
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War in Ukraine
9/24/2023 10:34:27 AM
A second shipment of Ukrainian wheat reached Turkey via the Black Sea on Sunday, according to maritime traffic monitoring sites, despite Russian threats to attack boats heading to or from its neighbour and enemy.
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Egypt
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Foreign Affairs
9/23/2023 5:27:37 PM
After Kyiv announced sending 17,600 tons of grain to Egypt, Moscow said it had delivered more than eight million tons of wheat to Egypt over the past fiscal year.
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Egypt
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Foreign Affairs
9/22/2023 4:57:15 PM
A ship carrying wheat has left a Ukrainian port and was heading to Egypt, the second such trip since Russia reimposed its Black Sea blockade in July, Ukranian Infrastructure Minister said Friday.
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Business
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Economy
9/17/2023 6:07:05 PM
The Egyptian cabinet announced in a statement that the Ministry of Supply and Internal Trade purchased 3.8 million tons of wheat from the local farmers during this year's harvest season, which started in April and ended in September.
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World
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War in Ukraine
9/12/2023 5:15:50 PM
The Polish government on Tuesday agreed to extend a ban on Ukrainian grain imports unilaterally even if the current EU restrictions expire on September 15.
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Business
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Economy
9/11/2023 1:56:58 PM
Egypt's trade balance deficit dropped by 47.7 percent to $2.32 billion in June 2023, down from $4.43 billion in June 2922, reported the Central Agency for Public Mobilization and Statistics (CAMPAS) on Saturday.
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World
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War in Ukraine
9/5/2023 3:14:58 PM
Russian President Vladimir Putin said Monday that a landmark deal allowing Ukraine to export grain safely through the Black Sea amid the war won’t be restored until the West meets Moscow’s demands on its own agricultural exports.
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World
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International
9/5/2023 10:29:52 AM
Russia dominates the grain export market, with only a dozen nations supplying the world market with the key commodity to produce the most basic of staples for much of the world: bread.
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Egypt
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Society
8/27/2023 8:38:17 PM
Russia has denied US Secretary of State Antony Blinken’s recent claim that it has destroyed “another 13,000 tons of grain headed to feed people in Egypt and Romania,” describing them as "clumsy propaganda."
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