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Egypt - Society
2/19/2024 3:48:47 PM
Egypt has initiated its annual Welcome Ramadan (Ahlan Ramadan in Arabic) fairs to address the crisis of soaring prices, with Minister of Supply and Internal Trade Ali Moselhi encountering obstacles during the opening of the initial outlet on Saturday in Qalyubia governorate, due to overwhelming crowds and escalating tensions.

World - Region
2/14/2024 12:40:38 PM
Two explosions struck gas pipelines in Iran early Wednesday in an act of "terrorism and sabotage" that disputed gas supplies in three of the country's provinces, state media reported.

Egypt - Society
2/6/2024 5:47:09 PM
The winter sale season in Egypt has begun, featuring enticing discounts of up to 50 percent on goods like clothes, shoewear, furniture, and devices at hundreds of participating shops across the nation. But don’t wait, because the sale only lasts one month.

Egypt - Defence
2/4/2024 11:24:40 PM
Turkey has agreed to provide combat drones to Egypt, Turkish Minister of Foreign Affairs Hakan Fidan said on Sunday, as both countries move forward normalizing ties after a decade of rapture.

Business - Energy
2/4/2024 8:08:48 PM
European countries show growing interest in Egypt's significant potential in renewable energy. Hence, Egypt can play a crucial role in supplying European markets with renewable electricity, contributing to environmental improvement, creating new job opportunities, and boosting economic growth and trade.

Business - Economy
1/28/2024 5:15:47 PM
Egypt's recent gold market crisis could be attributed to a significant disparity between supply and demand, fueled by an overwhelming demand for profit, said Ihab Wassef, head of the Gold and Precious Ores Division at the Federation of Egyptian Industries.

Business - 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.

Business - Economy
1/24/2024 3:58:52 PM
Crude oil prices are expected to fluctuate in 2024 as geopolitical tensions and supply factors pull the market in different directions, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.

Al-Ahram Weekly - Egypt
1/23/2024 10:38:06 PM
Minister of Supply and Internal Trade Ali Moselhi defended himself against attacks from MPs

Egypt - Foreign Affairs
1/23/2024 3:54:08 PM
The Egyptian Red Crescent (ERC) has embarked on a mission to supply 50 thousand meals to Gaza daily, with meals being prepared and packaged on the Egyptian side for distribution through the Rafah crossing.

Egypt - Society
1/23/2024 1:59:16 PM
Egypt's total seafood production has reached about 2.1 million tons in 2023, with around 85 percent self-sufficiency rate, according to the Lakes and Fish Resources Protection and Development Agency, with efforts to bridge the supply and demand gap through importing high-quality seafood from countries like Norway.

Egypt - Society
1/17/2024 11:39:50 AM
In response to parliamentary requests to auction the prices of raw materials supplied to the ministry such as sugarcane, Minister of Supply and Internal Trade Ali Moselhi cautioned that this would further raise commodity prices.

Business - Economy
1/15/2024 6:01:43 PM
The historic Abu Qurqas Sugar Factory decided to halt cane sugar production after 155 years, due to a sharp reduction in sugar cane supply to the factory, Issam El-Din El-Badawi, head of the Egyptian Sugar and Integrated Industries Company (ESIIC) affiliated with the Ministry of Supply and Internal Trade, said on Sunday.

Business - Markets & Companies
1/10/2024 5:05:13 PM
The amount of gold remaining in Egyptian mines amounts to at least 25 million ounces (or over 781 tons), said Nagi Farag, advisor to the minister of supply for gold affairs, during an interview with the Ala Masouliati TV show on Tuesday.

Business - 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.

World - 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.

Business - 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.

Business - 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.

Business - 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.

Business - 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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