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Gov’t action to stall soaring food prices may be in sight
Authorities will attempt to get the prices of nine basic commodities under control by flooding the market
El Sisi and the election dominate the airwaves
Did someone say there’s an election on? Last night’s talk shows featured wall-to-wall coverage of President Abdel Fattah El Sisi’s…
Big Russia wheat buy?
Moscow blocked a 480k-ton wheat shipment earlier this month
Egypt is looking to Abu Dhabi again to finance wheat imports
GASC is negotiating to buy Kazakh wheat at the lowest price
OPEC Fund to help Egypt fund commodities imports. PLUS: AUC receives USAID grant
The fund is contributing to the ITFC’s USD 200 mn loan to fund commodity imports
Egypt signs USD 500 mn financing agreement to purchase wheat from UAE’s Al Dahra
The Abu Dhabi Exports Office is providing low-cost financing
Washington Post asks: Where did all the green go?
Plus: AP talks to Cairenes about food concerns following Russia’s suspension of the Black sea grain pact
El Sisi urges Putin to restore Black Sea grain pact
El Sisi held direct talks with Russian president Vladimir Putin during the summit last week
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