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Egypt’s food + fiscal insecurity is getting attention in the foreign press
The global economic crisis and its impact on Egypt is in focus in the foreign press this morning: Egypt’s balance…
We’re getting another USD 3 bn for wheat imports from the ITFC
We’re getting an additional USD 3 bn from ITFC to help us through the commodities crunch: The International Islamic Trade…
El Moselhy denies wheat disruptions are a problem
On the airwaves last night: Supply Minister Ali El Moselhy denied that Egypt is working through delayed wheat shipments, telling…
Maait warns of global food crisis, says talks with IMF going “very well” –FT interview
Surging food prices on the back of the crisis in Ukraine could put “mns” at risk around the world, Finance…
CBE goes for 200-bps rate hike to tamp-down inflation
The Central Bank of Egypt (CBE) raised interest rates for the second time since March as it looks to rein-in…
The local wheat harvest isn’t costing as much as we expected
We’re spending less on local wheat than previously thought: The government has so far paid EGP 8.5 bn for some…
A new bipolar world order in a deglobalizing world?
What’s next for the global world order? Bipolarity may be in the offing — with the two poles being the…
Egypt to receive 500k tons of Indian wheat despite export ban
FROM THE DEPT. OF GOOD NEWS- We’ve locked in 500k tons of Indian wheat ahead of New Delhi's export ban:…
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