basic commodities
CBE provides US$100 million to help provide basic commodities
Egypt
February 19, 2024
CBE provides US$100 million to help provide basic commodities
Egyptian Prime Minister Mostafa Madbouly held a meeting on Sunday to follow up on efforts to provide basic commodities in…
Egypt’s annual inflation rises to 32.7% in May
Egypt
June 11, 2023
Egypt’s annual inflation rises to 32.7% in May
The annual inflation rate in Egypt rose to 32.7 percent in May, from 30.6 percent in April, according to data…
Egypt needs $100 bln over 7 years to bridge import gap: Sisi
Economy
February 9, 2023
Egypt needs $100 bln over 7 years to bridge import gap: Sisi
“We need US$100 billion over seven years to bridge the import gap, which amounts to about $30 billion annually,” President…
Egypt’s US dollar exchange rate to ease further in the coming weeks: Economist
Business
January 17, 2023
Egypt’s US dollar exchange rate to ease further in the coming weeks: Economist
Professor of Finance and Investment Hisham Ibrahim said that the stability of the US dollar price came after the release…
Egypt announces compulsory pricing of about 15 basic commodities
Egypt
December 19, 2022
Egypt announces compulsory pricing of about 15 basic commodities
Assistant Minister of Supply and Internal Trade in Egypt Ibrahim Ashmawy announced the compulsory pricing of about 15 strategic and…
Egypt’s wheat reserves cover 5 months: minister
Egypt
November 14, 2022
Egypt’s wheat reserves cover 5 months: minister
The Egyptian Minister of Supply and Domestic Trade, Ali al-Moselhi, announced that Egypt has a safe strategic reserve of various…
Ban on rice export continues in Egypt to cover local needs
Business
October 21, 2022
Ban on rice export continues in Egypt to cover local needs
The Egyptian government announced the continuation of the ban on the export of rice abroad in order to secure the…
Egypt has wheat reserves enough for 6.6 months: Minister
Egypt
October 11, 2022
Egypt has wheat reserves enough for 6.6 months: Minister
The Minister of Supply and Internal Trade, Aly al-Moselhy, assured on Monday that Egypt has a reserve of wheat sufficient…
Egypt to achieve self-sufficiency of sugar by 2023: minister
Business
April 21, 2022
Egypt to achieve self-sufficiency of sugar by 2023: minister
Minister of Supply and Internal Trade, Ali Moselhy, stressed on Thursday that Egypt currently enjoys an abundance of all basic…
Egypt takes strict measures to stop the repercussions of inflation
Business
March 13, 2022
Egypt takes strict measures to stop the repercussions of inflation
Egypt took strict measures to control the repercussions of inflation and price increases impacted by the Russian-Ukrainian war. The government…