Search Result
" Strategic Reserves"

20 results

Business - 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.

Business - Economy
12/24/2023 5:27:46 PM
Egypt’s rice production can cover local consumption needs for nine months, Ragab Shehata, head of the Rice Division at the Federation of Egyptian Chambers of Commerce, said on Saturday.

Business - 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.

Business - Economy
10/16/2023 3:32:21 PM
Egypt’s Ministry of Supply and Internal Trade announced it has purchased 250,000 tons of rice to support Egypt’s strategic rice reserves for six months, read a ministry statement on Sunday.

Business - Economy
8/3/2023 4:06:13 PM
Egypt's General Authority For Supply Commodities (GASC) has sealed a deal to import 360,000 tons of wheat, read a statement by the Ministry of Supply and Internal Trade on Thursday.

Egypt - Society
12/18/2022 9:26:16 PM
Egypt’s strategic reserves of each of wheat, sugar, corn, oil, and rice are sufficient for four to six months, Minister of Supply and Internal Trade Ali Moselhi told President Abdel-Fattah El-Sisi in a meeting on Sunday.

World - International
12/17/2022 1:06:05 PM
The Biden administration said Friday it is buying 3 million barrels of oil to begin to replenish U.S. strategic reserves that officials drained earlier this year in a bid to stop gasoline prices from rising amid production cuts by OPEC and a ban on Russian oil imports.

Egypt - Society
11/13/2022 9:08:47 PM
Egypt has enough strategic reserves of basic commodities, including wheat, to cover the country’s needs for months to come, Minister of Supply and Internal Trade Ali Moselhi said on Sunday.

Egypt - Politics
10/30/2022 11:03:48 PM
Egypt’s President Abdel-Fattah El-Sisi has directed maintaining the strategic reserves of basic commodities and monitoring their market prices to ensure the stability of the country’s food security status.

World - War in Ukraine
10/19/2022 7:17:24 PM
President Joe Biden plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan to cut production.

World - International
10/19/2022 11:24:40 AM
President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations, and he will say more oil sales are possible this winter, as his administration rushes to be seen as pulling out all the stops ahead of next month's midterm elections.

Egypt - Politics
3/15/2022 11:26:00 PM
The Egyptian wheat supply season will start by 1 April, instead of mid-April, to shore up the country's strategic reserves of the grain amid disruption of supply lines and global price hikes resulting from the Russian-Ukrainian war.

Al-Ahram Weekly - Egypt
3/11/2022 6:46:00 PM
Thanks to Egypt’s strategic reserves, the international hike in corn prices will not affect the country in the short term.

War in Ukraine - Economy
3/1/2022 7:03:13 PM
All 31 member countries of the International Energy Agency have agreed to release 60 million barrels of oil from their strategic reserves ``to send a strong message to oil markets'' that there will be ``no shortfall in supplies'' as a result of Russia's invasion of Ukraine, the group said Tuesday.

Egypt - Politics
2/27/2022 8:08:54 PM
Egypt’s strategic reserves of basic food commodities – including wheat, rice, meat and poultry – will last for months, Egypt’s Minister of Supply and Internal Trade Ali Moselhi has affirmed to President Abdel-Fattah El-Sisi.

Egypt - Politics
4/5/2021 11:08:52 AM
Minister Ali Moselhi added that 'Egypt is looking to procure 4 million tonnes of local wheat from farmers this season'

Egypt - Politics
8/12/2020 4:27:15 PM
The shipment was sent to support Lebanon’s strategic reserves of wheat and to ensure steady bread production

Business - Economy
7/13/2016 7:17:14 PM
Egypt has strategic reserves of wheat capable of lasting until mid-January 2017

Business - Economy
11/26/2015 1:17:55 PM

Business - Economy
6/21/2013 8:38:42 PM
Citing Petroleum Minister Sherif Haddara, Turkish news agency Anadulo reports that Egypt's strategic reserves of three vital fuel products will run out by end of June