FEDCOC: Strategic stock of commodities sufficient for local needs' until after holy month Ramadan

Sun, 14 Mar 2021 - 01:37 GMT

In a press release, he added that this comes as commodities are available in stores, ports, also were shipped during the past period or other shipments expected to arrive in the upcoming period.

Egypt's foreign reserves covers about 8 months of commodity imports

Thu, 11 Mar 2021 - 01:32 GMT

El-Said clarified in a statement that there is a strategic stockpile of goods available.

Egypt's exports of top 20 non-oil commodities hit $242 mln in Sept.

Mon, 19 Oct 2020 - 07:22 GMT

Soya bean exports topped the list of the 20 most exported commodities, followed by sugarcane, fresh fruits and cheese, the report added.

How will commodity stock exchange company help Egyptian consumers?

Sat, 12 Sep 2020 - 02:06 GMT

Egypt announced establishing its first commodity exchange company as part of the country’s plan to develop its internal trade, as the commodities exchange will provide protection to small farmers and producers.

PM directs to secure provision of foodstuff commodities, medicines

Sat, 28 Mar 2020 - 03:42 GMT

The meeting was attended by Minster of Trade and Industry Nevin Gamea and head of the Federation for Egyptian Industries (FEI) Mohamed el Sewedi.

Egypt signs agreement with ITFC to support commodities by $1.1B

Wed, 04 Dec 2019 - 12:41 GMT

This comes as part of the agreement worth $3 billion signed in January 2018 between the Ministry of Investment and the International Islamic Trade Finance Corporation.

Cabinet denies shortage of commodities at consumer complexes

Fri, 18 Jan 2019 - 11:26 GMT

In a report, the center said that it contacted the Ministry of Supply which denied the reports.

China trade shock rattles European stocks, commodities

Mon, 14 Jan 2019 - 09:52 GMT

“We believe trade growth next year will slow significantly on huge uncertainty and high base,” Citi analysts wrote in a note, predicting China’s exports and imports to fall 5.1 percent and 6.8 percent respectively this year.

Egypt’s annual inflation drops to 13.1% in March

Tue, 10 Apr 2018 - 08:37 GMT

On a monthly basis, inflation increased 1 percent in March to record 269.8 points.

Egypt’s annual inflation falls to 14.3% in February

Thu, 08 Mar 2018 - 08:53 GMT

On a monthly basis, inflation increased 0.3 percent in February to record 267 points, compared to 266.3 points in January.

Trade deficit balance increases 13.8% in December 2017

Sun, 04 Mar 2018 - 11:35 GMT

Exports rose 23 percent, reaching $2.47 billion in December 2017, compared to $2.01 billion in the same month of the previous year.

Global mining deals jump 15% by value in 2017: EY

Tue, 20 Feb 2018 - 07:57 GMT

The value of global mining and metals deals hit a four-year high in 2017, according to accountancy firm EY.

Egypt looks forward to an investment base for Oman in Africa: Min.

Tue, 06 Feb 2018 - 12:25 GMT

The Trade Minister said Egypt is seeking to establish a base for the Omani investments in Africa through pumping more investments by Omani businessmen in Egypt.

Supply commodities imports recede to $10.6B in 2017: Authority

Sat, 03 Feb 2018 - 03:03 GMT

The import bill of the strategic supply commodities have shrunk by 3 percent in 2017, a report said.

Petroleum exports increase 16.8% in Q1 of FY 2017/18

Sun, 10 Dec 2017 - 04:19 GMT

Petroleum exports amounted to $1.8 billion in the first quarter (July-September), compared to $1.5 billion at the same period last year.

Commodity imports drop 15.7% in 8 months

Wed, 18 Oct 2017 - 02:58 GMT

Supply commodities include 15 food items, representing 16 percent of Egypt’s non-oil imports.

Inspection battle threatens Egypt's wheat supply

Tue, 17 Oct 2017 - 09:49 GMT

Those trips, funded by exporters, have been cancelled as part of Egypt’s efforts to streamline imports worth more than $1 billion a year.

Bourse head discusses establishing commodities exchange

Sat, 09 Sep 2017 - 02:20 GMT

Head of the Egyptian exchange discusses the possibility of establishing a “commodities and contracts” exchange in Egypt.

Sugar prices reduced on sufficient stocks

Thu, 31 Aug 2017 - 10:24 GMT

The price of subsidized sugar will be reduced from LE 10 to LE 9.5 per kilo as of September.

China factory growth unexpectedly speeds up in August

Thu, 31 Aug 2017 - 08:09 GMT

China’s official factory readings indicated the global economy remains on solid footing for now, despite concerns that growth may begin to fade in coming months.