{"id":544730,"date":"2022-03-17T04:00:22","date_gmt":"2022-03-17T04:00:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/panic-buying-soaring-prices-and-vanishing-supplies-in-the-middle-east\/"},"modified":"2022-03-17T04:00:22","modified_gmt":"2022-03-17T04:00:22","slug":"panic-buying-soaring-prices-and-vanishing-supplies-in-the-middle-east","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/panic-buying-soaring-prices-and-vanishing-supplies-in-the-middle-east\/","title":{"rendered":"Panic buying, soaring prices, and vanishing supplies in the Middle East"},"content":{"rendered":"

This morning in the foreign press: Panic buying, soaring prices, and vanishing <\/strong>supplies in the Middle East.<\/strong> Egypt is one of several countries in the region that rely heavily on Ukraine and Russia for commodity staples such as wheat. The Washington Post<\/a> reports on how our markets and consumers are reacting to supply squeezes and surging costs.<\/p>\n","protected":false},"excerpt":{"rendered":"

This morning in the foreign press: Panic buying, soaring prices, and vanishing supplies in the Middle East. Egypt is one of several countries in the region that rely heavily on Ukraine and Russia for commodity staples such as wheat. The Washington Post reports on how our markets and consumers are reacting to supply squeezes and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[317,72,182],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544730","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-commodities","tag-enterpriseam","tag-inflation","wpautop","entry"],"acf":{"mongo_id":"3d56e31c-0358-45bb-9a7f-2af5b3fc1577","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[544708],"teaser":"","voice_url":""},"yoast_head":"\nPanic buying, soaring prices, and vanishing supplies in the Middle East - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/panic-buying-soaring-prices-and-vanishing-supplies-in-the-middle-east\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Panic buying, soaring prices, and vanishing supplies in the Middle East\" \/>\n<meta property=\"og:description\" content=\"This morning in the foreign press: Panic buying, soaring prices, and vanishing supplies in the Middle East. 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The low water levels\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/539.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578404,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/27\/soaring-food-prices-at-home-are-continuing-to-get-attention-overseas\/","url_meta":{"origin":544730,"position":2},"title":"Soaring food prices at home are continuing to get attention overseas","author":"enterpriseam admin","date":"27 December 2022","format":false,"excerpt":"Food price inflation is getting more digital ink in the foreign press: The WashingtonPost is out with a story about how koshary \u2014 a typically low-cost meal \u2014 is becoming increasingly expensive amid surging inflation, while the National is taking note of remarks from President Abdel Fattah El Sisi that\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/551.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645195,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/supply-ministry-to-set-regulations-to-keep-rice-prices-from-soaring-too-high-in-upcoming-season\/","url_meta":{"origin":544730,"position":3},"title":"Supply Ministry to set regulations to keep rice prices from soaring too high in upcoming season","author":"enterpriseam admin","date":"13 July 2017","format":false,"excerpt":"The Supply Ministry will be setting strict regulations to keep the price of rice from soaring too high during the upcoming marketing season, sources with knowledge of the matter tell Al Shorouk. The remarks come in response to a statement on Tuesday saying that rice prices will be liberalized and\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":609048,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/30\/gaza-escalation-fears-continue-to-shape-global-markets-but-not-so-much-in-the-middle-east\/","url_meta":{"origin":544730,"position":4},"title":"Gaza escalation fears continue to shape global markets, but not so much in the Middle East","author":"enterpriseam admin","date":"30 October 2023","format":false,"excerpt":"Some traders are entering into options contracts wagering USD 100 a barrel oil","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1418.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544907,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/27\/soaring-food-prices-is-continuing-the-dominate-proceedings-in-the-foreign-press\/","url_meta":{"origin":544730,"position":5},"title":"Soaring food prices is continuing the dominate proceedings in the foreign press","author":"enterpriseam admin","date":"27 March 2022","format":false,"excerpt":"The foreign press are still focusing on how the conflict in Ukraine is impacting us here at home: Bloomberg, CNN and Deutsche Welle are out with pieces looking at how ordinary Egyptians are struggling with rising food prices ahead of Ramadan.Why is the UAE investing that USD 2 bn? 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