{"id":612130,"date":"2023-12-18T00:00:00","date_gmt":"2023-12-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/on-onions-and-the-suez-canal\/"},"modified":"2023-12-18T00:00:00","modified_gmt":"2023-12-18T00:00:00","slug":"on-onions-and-the-suez-canal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/on-onions-and-the-suez-canal\/","title":{"rendered":"On onions and the Suez Canal"},"content":{"rendered":"

The nation\u2019s talking heads are concerned <\/strong>about onion prices and how the Suez Canal is coping amid growing tensions in the Red Sea. <\/p>\n

One <\/strong>commodity crisis<\/a><\/strong> at a time, please. <\/strong>Onion prices<\/a> have seen a dramatic jump in prices over the past few weeks, which saw it jump to EGP 40 per kilo from EGP 28 per kilo at the beginning of the month, but supply shortages are not to blame, the Agriculture Ministry\u2019s Mahmoud Atta told Kelma Akhira\u2019s Lamees El Hadidi (watch, runtime: 3:39<\/a>). <\/p>\n

Blame the wholesalers: <\/strong>\u201cThere is no crisis in the production of the goods themselves \u2014 the problem stems from traders hoarding the goods and selling them at higher prices,\u201d he said. The Agriculture Ministry found 31k tons of hoarded onions in two areas in Giza, the ministry's Mamdouh Sibai told Ala Mas\u2019ouleety (watch, runtime: 16:06<\/a>).<\/p>\n

Potatoes may be next: <\/strong>El Hadidi said that it looks like potatoes may be next in line and see an unusual surge in prices, calling on officials to tackle the problem before it even starts (watch, runtime: 0:25<\/a>).<\/p>\n

ELSEWHERE ON THE AIRWAVES- Suez Canal Authority (SCA) head Osama Rabie made <\/strong>the rounds<\/strong> to address concerns over the Suez Canal\u2019s operations amidst brewing tensions in the Red Sea.<\/p>\n

Don\u2019t sweat Suez Canal revenues just yet: <\/strong>\u201cThe earnings from the Suez Canal are not in danger. The canal is still the safest and shortest way for vessels moving north or south,\u201d he said during a phone-in with Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime: 3:02<\/a>). \u201cJust 2% of vessels have halted shipments through the Suez Canal. Vessels are still crossing the canal at higher-than-average rates,\u201d Rabie told El Hadidi (watch, runtime: 13:57<\/a>). <\/p>\n

Also giving the story some airtime: <\/strong>Al Hayah Al Youm (watch, runtime: 2:14<\/a>), El Hekaya (watch, runtime: 2:08<\/a>), and Masa\u2019a DMC (watch, runtime: 9:15<\/a>). <\/p>\n","protected":false},"excerpt":{"rendered":"

The nation\u2019s talking heads are concerned about onion prices and how the Suez Canal is coping amid growing tensions in the Red Sea. One commodity crisis at a time, please. Onion prices have seen a dramatic jump in prices over the past few weeks, which saw it jump to EGP 40 per kilo from EGP […]<\/p>\n","protected":false},"author":1,"featured_media":612131,"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":[7232],"tags":[317,72,106,7143,133],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-commodities","tag-enterpriseam","tag-last-nights-talk-shows","tag-osama-rabie","tag-suez-canal-authority","wpautop","entry"],"acf":{"mongo_id":"d27cbbe7-9b07-4ac6-9e43-54c685d3ddbe","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1163.jpg","photo_position":"above","homepage_title":"","full_issue_title":"On onions and the Suez Canal","related_issue":[612110],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.5705902b-97a8-4876-ae55-1ea9ee0a491d.mp3"},"yoast_head":"\nOn onions and the Suez Canal - 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\/2023\/12\/18\/on-onions-and-the-suez-canal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On onions and the Suez Canal\" \/>\n<meta property=\"og:description\" content=\"The nation\u2019s talking heads are concerned about onion prices and how the Suez Canal is coping amid growing tensions in the Red Sea. 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fruit will be stoned,\" Rabie said in response to criticism of the project","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","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\/2024\/3\/348.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597444,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/mixed-bag-of-nuts-on-egypts-airwaves-housing-suez-canal-exports-and-egp\/","url_meta":{"origin":612130,"position":2},"title":"Mixed bag of nuts on Egypt\u2019s airwaves: Housing, Suez Canal, exports and EGP","author":"enterpriseam admin","date":"28 July 2019","format":false,"excerpt":"It was a mixed bag of nuts on last night\u2019s talk shows, which covered everything from record-high Suez Canal revenues to social housing projects and export growth. 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The company posted a net profit of EGP 2.2 bn for the year, Hona Al Asema\u2019s Reham Ibrahim said (watch, runtime: 01:21). Port Saidis hit clinics\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595818,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/suez-canal-foreign-reserves-new-cities-and-chicken-kept-talking-heads-busy-last-night\/","url_meta":{"origin":612130,"position":5},"title":"Suez Canal, foreign reserves, new cities and chicken kept talking heads busy last night","author":"enterpriseam admin","date":"7 August 2019","format":false,"excerpt":"Egypt getting its money\u2019s worth in Suez Canal gains: A cabinet infographic showing a 5.4% jump y-o-y in Suez Canal revenues to USD 5.9 bn in FY2018-2019 was the main point of discussion on Al Hayah Al Youm with Khaled Abu Bakr (watch, runtime: 09:01). 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