Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s …
reserves
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Egypt News
Egypt procures 2.33 mln tonnes of wheat since start of harvest
by nada nasserby nada nasserEgypt, the world’s largest importer of wheat, has procured 2.33 tonnes of wheat from local farmers since …
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Real Estate
Egypt’s foreign reserves jump to $28.641 bln by end-April
by Yomna Yasserby Yomna YasserEgypt’s foreign reserves edged up to $28.641 billion at the end of April from $28.5 billion at …
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Egypt’s strategic supply of rice will cover more than six months’ worth of domestic consumption, state news …
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Egypt News
Egyptians protest subsidised bread lack after government decision to reduce bakeries quota
by Yomna Yasserby Yomna YasserHundreds of Egyptians took to the streets on Tuesday to protest the lack of subsidised bread in …
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Egypt’s petroleum ministry said it signed in 2015/16 eight agreements with six international and local companies to …
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The Central Bank of Egypt (CBE) said on Monday that the country’s foreign reserves reached $23 billion …
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Egyptian Prime Minister Sherif Ismail met Thursday with agriculture, trade, finance, supply, and public enterprise sector ministers …
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Industry & Trade
CBE allocates $1.8b to secure strategic goods reserves for 6 months
by Noha Gadby Noha GadEgypt’s central bank has allocated $1.8 billion to ensure six months of reserves in all strategic goods, …
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Egypt’s recent spike in purchase tenders for petroleum products is part of ongoing efforts to build strategic …