Ministry of Supply and Internal Trade

PM emphasizes government’s commitment to ensuring goods availability, price control

Thu, 04 Jul 2024 - 01:01 GMT

During the meeting, Madbouly delegated the task of devising a plan to ensure the availability of goods and price control to Minister of Supply and Internal Trade, Sherif Farouk.

Egypt’s cooking oil prices drops by 20% to reach LE 80: Supply Minister

Tue, 05 Mar 2024 - 02:41 GMT

Furthermore, he anticipated a forthcoming decrease in the prices of essential food commodities, projecting a potential reduction of up to 25 percent in the coming weeks.

Wheat trading on mercantile exchange suspended amid price speculations

Sun, 28 Jan 2024 - 05:50 GMT

Minister Moselhi emphasized that Egypt’s strategic reserves of wheat can sufficiently cover Egyptians’ needs for 4 and a half months

Egypt to increase sugar on ration cards by up to 2 KGs in January 2024

Thu, 28 Dec 2023 - 11:55 GMT

Under the new measures, individuals holding ration cards will be entitled to an additional kilogram of sugar, extending the allowance for up to three people

Egypt closes deal on 50k tons of imported sugar in response to rising prices

Thu, 21 Dec 2023 - 12:20 GMT

In the past few weeks, consumers have witnessed a significant surge in sugar prices, leading to LE 50 per kilo in certain locations, worsened by stockpiling. Some merchants decided to hoard sugar in anticipation of potential government price hikes

Egypt launches its first gold bar ATM machine

Sun, 26 Nov 2023 - 04:11 GMT

Al Moselhi revealed that the government is actively working towards positioning Egypt as a prominent exporter of gold to Gulf countries, Italy, and Africa.

Egypt to establish 17 logistics centers as part of new Green Food Hub initiative

Tue, 24 Oct 2023 - 11:25 GMT

The hubs will provide facilities for the refrigeration, packing, and sorting of food products for local market distribution and exports

Egypt to import wheat from UAE’s Al Dahra in a $500M agreement

Tue, 15 Aug 2023 - 10:57 GMT

Through the 5-year agreement, Egypt will import milling wheat worth $100 million per year.

Egypt to announce establishing commodity exchange management company next week

Wed, 19 Aug 2020 - 03:16 GMT

The final touches are being put in place for the Commodity Exchange Management Company for both the legal and the administrative aspects of the company.

265 tons of rice seized before being sold in black market

Wed, 10 Oct 2018 - 09:34 GMT

Inspection campaigns were launched in six governorates.

Ministry of Supply receives wheat from farmers at LE 600/Irdabb

Sun, 15 Apr 2018 - 09:02 GMT

Ministry of Supply and Internal Trade will start receiving the local wheat crop from farmers starting Sunday, April 15.

474 retailers infringe on regulations for promotional season

Sun, 10 Sep 2017 - 02:35 GMT

The 474 infringements occurred mainly in the form of market manipulation.

Egypt to import 90,000 tons of cooking oil

Thu, 23 Feb 2017 - 12:03 GMT

Egypt has signed deals to import 60,000 tons of sunflower oil and 30,000 tons of soybean oil, Minister of Supply and Internal Trade Ali El-Sayed Ali El-Moselhi said, according to state-owned Al-Ahram.