{"id":580278,"date":"2022-12-18T13:28:30","date_gmt":"2022-12-18T13:28:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/18\/this-evening-el-moselhy-sets-up-task-force-to-impose-fair-price-for-commodities-were-about-to-settle-in-for-our-last-world-cup-match-until-2026\/"},"modified":"2022-12-18T13:28:30","modified_gmt":"2022-12-18T13:28:30","slug":"this-evening-el-moselhy-sets-up-task-force-to-impose-fair-price-for-commodities-were-about-to-settle-in-for-our-last-world-cup-match-until-2026","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/18\/this-evening-el-moselhy-sets-up-task-force-to-impose-fair-price-for-commodities-were-about-to-settle-in-for-our-last-world-cup-match-until-2026\/","title":{"rendered":"THIS EVENING: El Moselhy sets up task force to impose fair price for commodities + We\u2019re about to settle in for our last World Cup match until 2026"},"content":{"rendered":"<p><strong>Good afternoon, ladies and gents, and welcome to the start of a new week \u2014 and World<\/strong><strong> Cup Final Day.<\/strong> We\u2019re counting down the minutes until France and Argentina hit the field today, and we\u2019re also looking forward to watching Wegz performing on the last day of the championship. The singer\u2019s manager confirmed Wegz will be singing during halftime in a phone-in to El Hekaya\u2019s Amr Adib (<a href=\"https:\/\/www.facebook.com\/watch\/?v=1083429179002129&extid=NS-UNK-UNK-UNK-IOS_GK0T-GK1C&mibextid=2Rb1fB&ref=sharing\">watch, runtime: 4:46<\/a>).<\/p>\n<p><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>New task force to decide fair price of strategic commodities:<\/strong> The Supply Ministry is setting up a new committee that will be tasked with deciding on a compulsory fair price for rice, in addition to non-compulsory fair prices for up to 15 other strategy commodities, according to a ministry <a href=\"https:\/\/m.facebook.com\/story.php?story_fbid=pfbid02qtVK9kj2eT846iw4tHpX8ABM3cAV7FfVbWUxw8sTK95SiVpADkqzYxXP9p3VcJgQl&id=100066537065610&mibextid=Nif5oz\">statement<\/a>. These prices will factor in the cost of production and inputs, Minister Ali El Moselhy said.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><strong>It\u2019s a thoroughly mixed bag of nuts and bolts in the international business press this<\/strong><strong> afternoon.<\/strong> Among the stories making the rounds: China is still buckling under a massive outbreak of covid-19 after rolling back pandemic restrictions (<a href=\"https:\/\/www.ft.com\/content\/61aa61f1-9145-4308-97c5-52624c2d079c\">Financial Times<\/a> | <a href=\"https:\/\/www.reuters.com\/world\/china\/chinas-cities-battle-first-wave-covid-surge-wider-spread-looms-2022-12-18\/\">Reuters<\/a>); and former FTX CEO Sam Bankman-Fried is surrendering himself to extradition to the US (<a href=\"https:\/\/www.cnbc.com\/2022\/12\/17\/ftx-founder-sam-bankman-fried-will-not-contest-us-extradition-in-alleged-fraud-case-source-says.html\">CNBC<\/a>).<\/p>\n<hr class=\"grey-line\">\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>The IMF <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c374319e-e849-44f6-bf5a-8179fb41caf5\">has approved<\/a><\/strong><strong> a USD 3 bn loan for Egypt<\/strong>, which is expected to unlock bns of USD of vital funding as the country struggles amid global headwinds.<\/li>\n<li><strong>The Central Bank of Egypt <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f634c395-5dfb-40bf-a4fe-388c6fe8a1b5\">is likely to raise<\/a><\/strong><strong> interest rates<\/strong> when it meets on Thursday thanks to rising inflation, according to our interest rate poll.<\/li>\n<li><strong>valU to spend USD 25 mn on regional + product expansion:<\/strong> EFG Hermes\u2019 buy-now-pay-later platform valU <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4099d46a-e669-4f4d-a31a-8e470ff43c74\">expects to invest<\/a> some USD 25 mn to complete its expansion to Saudi Arabia and roll out new products in early 2023.<\/li>\n<\/ul>\n<p class='web-image-inner'><img data-recalc-dims=\"1\" style='display: block' src=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>*** It\u2019s Inside Industry day \u2014<\/strong> <strong>your weekly briefing of all things industrial in Egypt.<\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/p>\n<p><strong>In today\u2019s issue:<\/strong> 2022 was a year of ups and downs for Egypt\u2019s industrial players. We take a look at some of the big themes and trends that played out in the sector.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>EGX-listed Pachin will brief shareholders on acquisition offers it has received in its <\/strong><strong>ordinary general assembly on Tuesday<\/strong>, 20 December. Dubai-based National Paints Holdings has <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2bd16acf-0bc2-4e41-abb4-98ff04e3cb71\">offered to purchase 100% of the company<\/a> for EGP 29 per share, valuing it almost EGP 700 mn and far outbidding earlier offers from <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aa4253d1-4e21-484b-8dd5-c291322ebfa7\">Universal Building Materials and Chemicals<\/a> (Sipes) and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/282c2d10-3962-4fe7-9d62-eb7036227f7b\">Saybad Industrial Investment<\/a> that have since been withdrawn.<\/p>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>The mercury will rise to 25\u00b0C during the day tomorrow before falling to 13\u00b0C at night, our favorite weather app tells us.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, ladies and gents, and welcome to the start of a new week \u2014 and World Cup Final Day. We\u2019re counting down the minutes until France and Argentina hit the field today, and we\u2019re also looking forward to watching Wegz performing on the last day of the championship. The singer\u2019s manager confirmed Wegz will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":580279,"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":[7213],"tags":[317,633,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-580278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-commodities","tag-enterprisepm","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"a38a1586-4745-4ea1-88b0-644b54261f5d","order":"0","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2022\/12\/730.jpg","photo_position":"above","related_issue":[580276],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS EVENING: El Moselhy sets up task force to impose fair price for commodities + We\u2019re about to settle in for our last World Cup match until 2026 - 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\/12\/18\/this-evening-el-moselhy-sets-up-task-force-to-impose-fair-price-for-commodities-were-about-to-settle-in-for-our-last-world-cup-match-until-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: El Moselhy sets up task force to impose fair price for commodities + We\u2019re about to settle in for our last World Cup match until 2026\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, ladies and gents, and welcome to the start of a new week \u2014 and World Cup Final Day. We\u2019re counting down the minutes until France and Argentina hit the field today, and we\u2019re also looking forward to watching Wegz performing on the last day of the championship. 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Representatives from the Consumer Protection Agency, the Federation of Egyptian Industries, and the Federation of Egyptian Chambers of Commerce will decide prices for between 10\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/384.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580307,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/this-evening-chimera-is-acquiring-45-of-gb-lease-twitter-users-really-dont-want-musk-to-stick-around\/","url_meta":{"origin":580278,"position":1},"title":"THIS EVENING: Chimera is acquiring 45% of GB Lease + Twitter users really don\u2019t want Musk to stick around","author":"enterpriseam admin","date":"19 December 2022","format":false,"excerpt":"Good afternoon, friends. It appears we\u2019re still some ways away from that end-of-year news slowdown, even though the number of OOO auto-responders we\u2019re getting in our inbox keeps rising by the day.*** Would the real Enterprise Fantasy World Cup winner please stand up? We\u2019re ready to announce the top finisher\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/742.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580462,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/this-evening-we-exported-usd-8-4-bn-of-natural-gas-this-year-the-supply-ministry-is-about-to-release-its-price-list-for-strategic-commodities\/","url_meta":{"origin":580278,"position":2},"title":"THIS EVENING: We exported USD 8.4 bn of natural gas this year + The Supply Ministry is about to release its price list for strategic commodities","author":"enterpriseam admin","date":"28 December 2022","format":false,"excerpt":"Good afternoon, wonderful people, and welcome to the last Enterprise issue of 2022. It\u2019s been quite a year for The Enterprise Company, for Egypt, and for the whole world. We\u2019re thankful for each and every one of you for reading us every morning and afternoon.REMINDER- EnterpriseAM and EnterprisePM will be\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/804.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580857,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/23\/this-evening-new-licensing-requirements-for-social-media-platforms-in-egypt-were-halfway-through-the-work-week\/","url_meta":{"origin":580278,"position":3},"title":"THIS EVENING: New licensing requirements for social media platforms in Egypt? + We\u2019re halfway through the work week","author":"enterpriseam admin","date":"23 January 2023","format":false,"excerpt":"Good afternoon, ladies and gents. We\u2019ve made it halfway through this shortened work week, with Thursday confirmed to be a day off for all of us. The EGX will be closed this Thursday, 26 January, in observance of Police Day \/ the 25 January revolution anniversary, according to a statement\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/723.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578198,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/talking-heads-celebrate-argentinas-world-cup-victory\/","url_meta":{"origin":580278,"position":4},"title":"Talking heads celebrate Argentina\u2019s World Cup victory","author":"enterpriseam admin","date":"19 December 2022","format":false,"excerpt":"Viva Argentina, Viva Messi: The nation\u2019s talking heads spent most of the night discussing the dramatic denouement to the 2022 World Cup, which saw Argentina clinch the trophy in a penalty shoot-out following a rollercoaster 120 minutes.Lots of love for Messi: Star player Lionel Messi got some love for his\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/391.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545192,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/10\/this-evening-annual-urban-inflation-rose-to-highest-since-mid-2019-trade-ministry-bans-exports-of-key-food-commodities-hopes-for-russia-ukraine-ceasefire-dashed\/","url_meta":{"origin":580278,"position":5},"title":"THIS EVENING: Annual urban inflation rose to highest since mid-2019 + Trade Ministry bans exports of key food commodities + Hopes for Russia-Ukraine ceasefire dashed","author":"enterpriseam admin","date":"10 March 2022","format":false,"excerpt":"Happy Thursday, wonderful people. We hope the howling winds and thoroughly brown view from our windows aren\u2019t putting too much of a damper on this final day of the workweek.THE BIG STORIES TODAY Annual urban inflation rose in February to 8.8% \u2014 its highest since mid-2019 \u2014 from 7.3% in\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=580278"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580278\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/580276"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/580279"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=580278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=580278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=580278"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=580278"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=580278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}