basic commodities

CBE provides US$100 million to help provide basic commodities
Egypt

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

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

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

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

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

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

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

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

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

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…
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