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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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Egypt
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Society
8/22/2023 8:55:49 PM
Egypt's grain buyer, the General Authority for Supply Commodities (GASC), has bought 60,000 tons of Romanian wheat in an international tender.
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Business
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Economy
8/21/2023 10:14:49 AM
Francis Ndege isn’t sure if his customers in Africa’s largest slum can afford to keep buying rice from him.
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Business
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Economy
8/15/2023 2:45:02 PM
The Ministry of Finance has inked a $500 million five-year financing agreement with the Abu Dhabi Exports Office (ADEX), a financial arm of the Abu Dhabi Fund for Development (ADFD), to finance wheat imports.
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Business
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Economy
8/8/2023 3:42:11 PM
Egypt's trade deficit grew by 4.3 percent to $3.74 billion in May 2023, compared to $3.57 billion in the same month last year, owing to a plunge in natural gas exports and a surge in wheat imports.
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Business
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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.
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Al-Ahram Weekly
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Egypt
7/25/2023 8:10:45 PM
The Russian pull-out from the Black Sea grain deal could be worrying for Egypt, reports Niveen Wahish
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Business
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Economy
7/20/2023 12:00:00 AM
Egypt is currently in talks with the United Arab Emirates to secure a total of $500 million in funding to import wheat, Bloomberg quoted Minister of Supply and Internal Trade Ali El-Moselhi as saying on Thursday.
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Business
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Economy
6/22/2023 9:07:21 PM
Egypt is expected to import 12 million tons of wheat during the fiscal year 2023/2024, up from 11.6 million tons in 2022/2023, to reclaim its position as the world's top wheat importer, according to a report by the Food and Agriculture Organization of the United Nations (FAO).
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Business
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Economy
6/18/2023 12:29:56 PM
Egypt's trade deficit dropped by 49.6 percent in March compared to the same month last year, as wheat imports plunged by 41.9 percent.
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Business
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Economy
6/14/2023 6:01:54 PM
Wheat prices are declining globally despite the conflict that impacts the exports of the two major producers, Russia and Ukraine, with economists attributing the decline to sluggish global growth and warning against counter effects.
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World
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War in Ukraine
6/6/2023 9:02:41 PM
The collapse of a major dam in southern Ukraine sent global prices of wheat and corn higher early Tuesday.
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Business
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Economy
6/6/2023 1:25:15 PM
Egypt's General Authority For Supply Commodities (GASC) announced on Monday an international tender for wheat, according to an official statement.
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