Glimpse into dynamics of post-pandemic oil industry

Thu, 21 Jan 2021 - 04:46 GMT

The sector has begun recovery paving the way for figuring out demand levels, and hence, estimating supply and investments in the sector.

Egypt's planning min. praises joint work with International Islamic Trade Finance Corporation

Sat, 28 Nov 2020 - 05:34 GMT

That was in the closing ceremonial activities of the staff capacity building program at the Ministry of Supply and the General Authority for Supply Commodities in cooperation with the International Islamic Trade Finance Corporation.

Producers propose solutions to Egypt's cement oversupply crisis

Sun, 08 Nov 2020 - 02:34 GMT

Production is double the market need.

Local, Italian companies partner up to establish food retail chain in Egypt

Sun, 13 Sep 2020 - 12:15 GMT

The Egyptian company GRG and the Italian Sopria Holding Company – owner of Crai Retail Modeling – signed an MoU Sunday.

Egypt suspends white sugar imports for another 3 months

Tue, 08 Sep 2020 - 11:44 GMT

Minister of Industry and Trade Nevine Gamea issued Tuesday a decree suspending white sugar imports for another three months.

State-sponsored charity initiative to be replicated after sales worth LE1.5M

Sat, 16 May 2020 - 02:50 GMT

The Ministry of Supply and Internal Trade will replicate a charity initiative that took place on April 23-May 11.

Supply Ministry offers alcohol-intensive sanitizers, eau de cologne

Mon, 23 Mar 2020 - 01:50 GMT

They are made available at reduced prices.

Egypt affirms availability of goods, food for months amid Coronavirus crises

Wed, 18 Mar 2020 - 06:24 GMT

Egypt's Ministry of Supply and Internal Trade affirmed, Wednesday, the availability of all food commodities at markets, affirming that there is no need to panic regarding goods amid the crises of Coronavirus (Covid-19).

210 Gameaty outlets distributing in-kind subsidies inaugurated

Sun, 22 Dec 2019 - 11:05 GMT

The third phase of Gameaty outlets project consists of 1,800 outlets.

Government to launch mobile grocery trucks project worth LE160M

Sun, 17 Nov 2019 - 04:19 GMT

A number of trucks will be designed to sell frozen food.

Supply ministry moves to stop embezzlement, random supply

Sun, 20 Oct 2019 - 12:50 GMT

The Ministry of Supply and Internal Trade started to electronically link the outlets selling subsidized goods with warehouses to inhibit embezzlement and random supply.

No increase in subsidized bread price- Ministry

Fri, 05 Jul 2019 - 12:47 GMT

As per the subsidy system, the government should produce more than 11.4 billion loaves of bread monthly for about 76.4 million people who are eligible for the bread subsidy.

Modernization of offices serving ration card holders to end in 2 years

Tue, 02 Jul 2019 - 11:33 GMT

Those offices are being equipped with computers, photocopiers, scanners, fax machines, AC, waiting halls, and queue number machines.

Tenders to import rice aimed at increasing supply

Tue, 12 Mar 2019 - 01:19 GMT

The General Authority for Supply Commodities (GASC) announced on Tuesday it will invite a third tender to import white short and medium grain rice.

Ministry reviews in-kind subsidies recipients' database

Tue, 05 Mar 2019 - 12:49 GMT

That is the second phase of an initiative that targets to limit granting in-kind subsidies to citizens who are really in need.

Biggest fish market complex in Middle East inaugurated

Sun, 27 Jan 2019 - 02:29 GMT

The minister told media that internal trade would be transformed in 2019.

Brent oil rises after deal to cut supply, but 2019 outlook weakens

Mon, 10 Dec 2018 - 09:34 GMT

The shutdown of the 315,000-bpd El Sharara oilfield in Libya also helped push up Brent, traders said.

Oil surges 5% on trade truce and expected supply cuts

Mon, 03 Dec 2018 - 09:37 GMT

The trade war between the world’s two biggest economies has weighed heavily on global trade, sparking concerns of an economic slowdown.

Oil climbs 1% on prospect of OPEC, Russia supply cut

Mon, 19 Nov 2018 - 09:54 GMT

Front-month Brent crude oil futures were at $67.41 per barrel at 0746 GMT, up 65 cents, or 1 percent, from their last close.

Oversupply fears cloud outlook for U.S. crude in 2019

Thu, 15 Nov 2018 - 10:07 GMT

U.S. crude futures CLc1 plunged 7 percent on Tuesday, to settle at $55.69, their lowest level this year, down from a four-year high only a month ago.