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"commodity"

68 results

Business - Economy
2/20/2024 5:45:18 PM
Egypt's commodity exports witnessed substantial growth in January, surpassing $3 billion, a significant rise from the $2.8 billion recorded in January 2023, resulting in a decline in trade deficit, Minister of Trade and Industry Ahmed Samir said on Tuesday.

Business - Economy
2/7/2024 10:12:26 AM
Minister of Trade and Industry Ahmed Samir said on Tuesday that Egypt has managed to increase its exports of commodities in a tangible way despite economic crises in the region and the world.

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
1/10/2024 3:41:25 PM
The Egyptian government plans to develop an AI-based system to predict crises in the local marjet, especially hikes in the prices of commodities and staples, Osama El-Gohary, assistant Prime Minister and head of the Cabinet’s Information and Decision Support Centre (IDSC), said on Wednesday.

Opinion -
12/20/2023 3:58:43 PM
For decades, Africa has been the world’s most commodity-dependent continent. At the same time, it has become overly reliant on imports from the rest of the world.

Egypt - Society
12/11/2023 9:19:07 PM
Egypt's Prime Minister Mostafa Madbouly extended a ban on onion exports until 30 March 2024, during a Monday meeting with relevant ministers on efforts to control commodity prices.

Business - Economy
10/30/2023 2:56:30 PM
The escalation of the war in Gaza is expected to have various implications for oil and other commodity markets, initially triggering a surge in oil prices and subsequently causing disruptions in other commodity sectors.

World - 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.

Business - Economy
8/27/2023 3:05:37 PM
Minister of Supply and Internal Trade Ali Moselhi has laid the cornerstone for a new warehouse for strategic commodities in Luxor, which will be built on 10 feddans at a cost EGP 1.5 billion ($48.52 million).

Al-Ahram Weekly - Economy
2/9/2023 10:28:00 AM
Al-Ahram Weekly reviews how the release of commodities held in Egypt’s ports has been stabilising prices in domestic markets.

Egypt - Politics
11/23/2022 4:33:31 PM
Egypt's House of Representatives approved on Tuesday a $6 billion loan agreement with the International Islamic Trade Finance Corporation to help the country meets it basic food commodity needs of imported wheat, fuel products, and petroleum derivatives.

Egypt - Society
11/17/2022 4:43:12 PM
Egypt's cabinet issued a decree that will remain in effect for three months penalising vendors who monopolise or stock up on rice with at least one year in prison and hefty fines to prevent any shortages in the strategic commodity in the market.

COP27 - Focus
11/11/2022 1:38:00 PM
From a distance, the endless landscape of solar panels stretching toward the horizon can easily be mistaken for crops nearing harvest. But here in the desert in southern Egypt, workers have been cultivating another precious commodity: electricity.

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.

War in Ukraine - Economy
6/14/2022 2:11:28 PM
Bedevilled by high fuel and fertiliser costs, along with a labour crisis driven by Covid-19 restrictions, China risks a smaller autumn harvest that could supercharge demand for commodities just as the world can afford it least.

Business - Economy
5/16/2022 12:43:34 PM
Wheat prices surged to a new record high in European trading on Monday after India decided to ban exports of the commodity as a heatwave hit production.

Business - Economy
3/28/2022 2:09:04 PM
The United Arab Emirates' energy minister doubled down Monday on an oil alliance with Russia that's helped buoy crude prices to their highest in years as Moscow's war on Ukraine rattles markets and sends energy and commodity prices soaring.

Egypt - Politics
3/27/2022 8:51:17 PM
President Abdel-Fattah El-Sisi met with government officials on Sunday, directing them to ensure the availability of basic commodities and petroleum products ahead of Ramadan.

Egypt - Society
3/23/2022 6:02:44 PM
President Abdel-Fattah El-Sisi said on Wednesday that Egyptians should rationalise food consumption during the upcoming holy month of Ramadan, which is usually characterised by increased consumption.

Al-Ahram Weekly - Egypt
3/23/2022 10:00:00 AM
On Saturday, Minister of Supply and Internal Trade Ali Moselhi said commodity prices in the local market had not yet been affected by the Russian-Ukrainian war, and blamed recent price hikes on coronavirus pandemic-led global inflation.

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