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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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World
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International
12/22/2023 6:17:16 PM
Japan loosened arms export controls Friday to enable it to sell domestically made Patriot missiles to the United States, which is seeking to stock up after sending the weapon systems to Ukraine.
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Business
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Economy
12/20/2023 4:53:36 PM
Egypt's General Authority for Supply Commodities (GASC) has imported 50,000 tons of raw sugar to be delivered in February 2024 amid an alarming price increase in the local market, according to a Cabinet statement on Wednesday.
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Business
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Economy
12/20/2023 1:52:10 PM
The attack against ships in the Red Sea and speculation regarding potential interest rate cuts by the Federal Reserve pushed oil prices higher after reaching the lowest level in six months, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.
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Business
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Economy
12/17/2023 2:53:57 PM
The Egyptian government's decision to rationalize spending will not affect crucial sectors such as health, supply goods, petroleum and gas supplies, as well as the solidarity and dignity initiative, said Minister of Finance Mohamed Maait, according to a statement on Saturday.
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Business
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Economy
12/14/2023 7:36:46 PM
The Egyptian Ministry of Trade and Industry extended a three-month ban on exporting all types of sugar per the decree published in the Official Gazette on Thursday.
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War on Gaza
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War on Gaza
12/13/2023 2:57:44 PM
The Palestinian health ministry in the Gaza Strip said Wednesday it had exhausted its supply of children's vaccines, warning of "catastrophic health repercussions".
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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
12/12/2023 3:22:55 PM
Egyptian Minister of Trade and Industry Ahmed Samir and Minister of Supply and Internal Trade Ali Moselhi opened the Food Africa 2023 and Pacprocess exhibitions, according to a statement on Tuesday.
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Business
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Economy
12/11/2023 6:51:37 PM
Egypt's Prime Minister Mostafa Madbouly has called for regular reports on sugar prices in markets, following the Ministry of Supply's distribution of thousands of tons of sugar across various governorates, according to a statement on Monday.
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Business
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Economy
12/7/2023 10:13:34 PM
Amidst great scarcity and inflated prices of sugar in many areas across Cairo, Fathy Mohamed, a 31-year-old Egyptian, wanders the capital as he struggles to bring a couple of kilos of sugar back to his family.
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Business
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Economy
12/7/2023 10:02:54 PM
The Egyptian Ministry of Supply and Internal Trade increases the rations of subsidized sugar to families, amid a shortage felt in the market, according to a Cabinet statement on Thursday.
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Egypt
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Society
12/5/2023 11:09:52 PM
Sugar companies, following government directives, have increased sugar production and distribution to mitigate the current shortage of sugar in Egypt, the Ministry of Food Supply and Internal Trade announced.
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Al-Ahram Weekly
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Egypt
12/5/2023 9:33:13 PM
More and more people will soon be able to buy bread from state bakeries at subsidised prices, reports Amira Hisham
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War on Gaza
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War on Gaza
12/4/2023 1:03:55 PM
A group of human rights organisations took the Dutch government to court on Monday, arguing its supply of parts for F-35 fighters contributes to violations of international law in Gaza.
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Business
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Energy
12/3/2023 5:34:07 PM
Egypt has signed a memorandum of understanding (MoU) with the Norwegian company Scatec ASA to supply ships with green fuel in East Port Said, with investments worth around $1.1 billion.
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Business
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Economy
12/1/2023 4:08:28 PM
Egypt's Minister of Supply and Internal Trade Ali Moselhi urged citizens to not buy kilograms of sugar for more than EGP 27, promising that the current crisis will be resolved next month.
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Business
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Economy
11/30/2023 6:29:06 PM
The Egyptian government is wrapping up an initiative to sell real estate units in foreign currency to foreigners and expats to boost real estate exports and secure more hard currency amid a severe shortage in the US dollar supply.
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Business
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Economy
11/30/2023 2:08:17 PM
Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy as they headed into virtual meetings Thursday in a bid to halt a continuous slump in prices.
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Business
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Economy
11/26/2023 4:23:11 PM
Egypt's Minister of Supply and Internal Trade Ali Moselhi revealed on Sunday that merchants would be given a ten-day period to regulate prices, or else the government may “resort to forced pricing measures.”
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