forex news Oil prices fall as White House proposes US oil reserve sales Yomna Yasser May 23, 2017 0 Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil…
Egypt News Egypt procures 2.33 mln tonnes of wheat since start of harvest nada nasser May 21, 2017 0 Egypt, the world's largest importer of wheat, has procured 2.33 tonnes of wheat from local farmers since its…
Real Estate Egypt’s foreign reserves jump to $28.641 bln by end-April Yomna Yasser May 4, 2017 0 Egypt's foreign reserves edged up to $28.641 billion at the end of April from $28.5 billion at the end of March,…
Egypt News Egypt’s rice reserves enough for six months Yomna Yasser Apr 8, 2017 0 Egypt's strategic supply of rice will cover more than six months' worth of domestic consumption, state news agency…
Egypt News Egyptians protest subsidised bread lack after government decision to reduce bakeries quota Yomna Yasser Mar 8, 2017 0 Hundreds of Egyptians took to the streets on Tuesday to protest the lack of subsidised bread in several…
Industry & Trade Egypt signed 8 deals to find energy reserves in FY2015-16 Noha Gad Dec 26, 2016 0 Egypt's petroleum ministry said it signed in 2015/16 eight agreements with six international and local companies to…
Banks Foreign reserves rise by $4 bln in November: Egypt’s CBE Noha Gad Dec 6, 2016 0 The Central Bank of Egypt (CBE) said on Monday that the country's foreign reserves reached $23 billion by the end…
Industry & Trade Sugar reserve sufficient until February : Egypt’s Cabinet Noha Gad Nov 17, 2016 0 Egyptian Prime Minister Sherif Ismail met Thursday with agriculture, trade, finance, supply, and public enterprise…
Industry & Trade CBE allocates $1.8b to secure strategic goods reserves for 6 months Noha Gad Oct 19, 2016 0 Egypt's central bank has allocated $1.8 billion to ensure six months of reserves in all strategic goods, Supply…
Industry & Trade Egypt to increase oil tenders to raise reserves Noha Gad Oct 10, 2016 0 Egypt's recent spike in purchase tenders for petroleum products is part of ongoing efforts to build strategic…