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Supply Ministry downplays potential for bread subsidy cuts as global wheat prices rise
Bread prices may rise, but it will “take time”: The government is playing down the likelihood of an imminent increase…
France offers EUR 100 mn in funding for wholesale market
Egypt has secured EUR 100 mn funding from France to establish a wholesale market in Borg El Arab, the Supply…
ITFC could triple the funding it gives Egypt for food commodities
The International Islamic Trade Finance Corporation (ITFC) could triple the funding it gives Egypt for food commodities, Supply Minister Aly…
The second rail accident in the same number of days leads the talk shows on 23 June 2021
Most of the talking heads were focused yesterday on the nation’s second rail accident in 24 hours after two trains…
Also on our Radar on 21 April 2021
Egypt and Sudan are setting up an investment JV that will aptly be called the Egyptian-Sudanese Company, Amwal Al Ghad…
Also on our radar on 3 February 2021
New construction timeline for Dabaa? A pandemic-induced slowdown in the construction of the Dabaa nuclear power plant has led Egypt…
GRG, Italy’s Sopria to launch Italian supermarket chain in early 2021
Supply Ministry-affiliated Global Retail Gate (GRG) is planning to begin opening branches of an unnamed Italian supermarket chain in Egypt…
Ibrahim Ashmawy appointed chairman of forthcoming commodity exchange
Egypt’s new commodity exchange just got a new chairman as we inch closer to launch: Internal Trade Development Authority Chairman…
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