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Egypt
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Society
3/15/2022 2:41:37 PM
A crisis committee to confront the impact of the current global crisis on strategic food commodities convened its first meeting on Monday chaired by Prime Minister Mostafa Madbouly, ensuring that food prices will remain stable ahead of Ramadan, according to a statement by the Cabinet on Monday.
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War in Ukraine
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Economy
3/15/2022 7:00:00 AM
The United Nations chief warned Monday that Russia's war on Ukraine is holding ‘a sword of Damocles’ over the global economy, especially poor developing countries that face skyrocketing food, fuel and fertilizer prices and are now seeing their breadbasket ‘being bombed’.
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Business
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Economy
3/14/2022 1:19:16 PM
Households across North Africa are rushing to stock up on flour, semolina and other staples as food prices rise following Russia's invasion of Ukraine, both key wheat exporters to the region.
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Al-Ahram Weekly
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Egypt
3/14/2022 12:44:00 PM
The government says it will clamp down on traders who use the war in Ukraine to raise prices of basic commodities.
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Egypt
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Society
3/13/2022 10:05:50 PM
Egypt’s President Abdel-Fattah El-Sisi called on the government on Sunday to offer farmers additional incentives to encourage them to deliver the largest possible amount of wheat during this agricultural season.
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Business
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Economy
3/13/2022 3:30:00 PM
Egypt is set to receive a total amount of 189,000 tonnes of wheat from Russia, Ukraine and Romania in the coming days, a statement by the Ministry of Supply and Internal Trade said on Sunday.
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Business
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Economy
3/12/2022 3:02:01 PM
Egypt has imposed an export ban on cooking oil, corn, and all kinds of cracked green wheat (fereek) for three months, Minister of Trade and Industry Nevine Gamea announced on Saturday, according to Ahram Arabic news website.
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Al-Ahram Weekly
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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.
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Business
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Economy
3/10/2022 11:37:48 PM
Egypt's Ministry of Trade and Industry has banned the export of wheat, fava beans, lentils, pasta, and all kinds of flour for the next three months, according to Al-Ahram Arabic news website.
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World
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Region
3/9/2022 6:45:18 PM
Tunisian President Kais Saied declared war Wednesday on food speculators amid a shortage of products such as wheat and semolina -- key staples in a country already mired in a political-economic crisis.
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Egypt
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Society
3/9/2022 6:23:06 PM
The Egyptian Cabinet has issued statements meant to reassure citizens about the prices of wheat-based products and other basic commodities as well as meat and poultry amid the crisis in Ukraine.
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War in Ukraine
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Economy
3/9/2022 5:07:51 PM
Ukraine's government has banned the export of wheat, oats and other staples that are crucial for global food supplies as authorities try to ensure they can feed people during Russia's intensifying war.
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Business
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Economy
3/8/2022 1:48:00 PM
Egypt will have enough wheat reserves to cover eight months of the domestic market’s needs after the local harvest is delivered and the government will import wheat from alternative markets to deal with the current exceptional circumstances caused by the Russian invasion of Ukraine, said Minister of Finance Mohamed Maait.
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Egypt
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Society
3/6/2022 5:29:32 PM
The spike of wheat prices in international markets is expected to increase the cost of the country's imports of such strategic commodity by around EGP 12 to 15 billion surcharge, Egypt's Minister of Finance Mohamed Maait told Bloomberg Asharq on Sunday.
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Egypt
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Foreign Affairs
3/5/2022 10:51:34 PM
Nearly 4,000 Ukrainian tourists have left Egypt for countries neighbouring Ukraine in the past few days, Egyptian Cabinet Spokesperson Nader Saad said on Saturday.
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Al-Ahram Weekly
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Egypt
3/1/2022 10:57:07 PM
Niveen Wahish and Sherine Abdel-Razek assess the financial fallout of the Russia-Ukraine conflict on Egypt
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Egypt
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Foreign Affairs
3/1/2022 5:43:46 PM
Egyptian farmers are expected to supply 5.5 million tonnes of wheat during the next season – 2 million tonnes more than they supplied in 2021 – according to Minister of Supply and Internal Trade Mohamed Moselhi.
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Egypt
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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.
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War in Ukraine
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Economy
2/25/2022 12:54:53 AM
The government of economically-battered Syria decided Thursday to cut spending in an effort to reduce the impact of Russia's invasion of Ukraine, concerned that oil and wheat prices could sharply increase, the state-owned news agency said.
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Al-Ahram Weekly
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Egypt
2/24/2022 3:05:00 PM
Egypt’s wheat import bill will likely be inflated on the back of the tensions between Russia and Ukraine.
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