Egypt's commodities exchange plans to add propylene to its trading platform before the end of the current year, its chairman said on Monday.
Propylene, also known as propene gas or C3, is one of the major building blocks of the petrochemical (...)
A delegation of Italian food and agricultural institutions and business leaders will visit Egypt within this March, said Italian Ambassador to Cairo Michele Quaroni said on Monday.
Speaking at the first edition of Cairo Food Summit, Quaroni further (...)
Finance Minister Mohamed Maait said on Sunday Egypt hoped to receive the first tranche worth around $750 million out of a 46-month $3 billion loan programme with the International Monetary Fund (IMF) this December.
On October 27, Egypt reached a (...)
Egypt, the world's biggest importer of wheat, bought 660,000 tons of French, Romanian, Russian, and for the first time German wheat, Supply Minister Ali Moselhy said on Wednesday.
The minister further said in a phone interview with local TV channel (...)
Saudi Arabia's L'azurde Company for Jewellery is planning to increase production capacity in Egypt by 10-20 percent this year, executive general manager for Egypt said on Sunday.
Ihab Ibrahim told Amwal Al Ghad that the company's sales in Egypt (...)
Lafarge Egypt, a member of LafargeHolcim Group, plans to become a net zero carbon emissions company by 2030, its chief executive Solomon Baumgartner Aviles announced in a press conference on Wednesday.
Aviles said the company had recently signed an (...)
Egypt's retail and wholesale sector accounted for 14.5 percent or 850 million Egyptian pounds of the country's gross domestic product (GDP) during fiscal year 2019/2020, the First Assistant of the Minister of Supply and Internal Trade, Ibrahim (...)
The Egyptian Minister of Supply and Internal Trade, Ali El-Moselhy, will lay the cornerstone of a new logistics zone in El-Dakahlia with total investments of 2 billion Egyptian pounds.
Al-Moselhy explained that the logistics zone will include (...)
The Egyptian government offers subsidies worth 86 billion Egyptian pounds for commodities and food subsidies each year, the Minister of Supply and Internal Trade, Ali El-Moselhy, revealed.
The General Authority For Supply Commodities has disbursed (...)
Amwal Al Ghad on demonstrates the cement prices in Egypt as of Thursday, February 25, 2021.
The table below shows the prices of cement in Egyptian pound, according to a number of key cement companies in the country.
Company name Prices per (...)
Egypt's Internal Trade Development Authority (ITDA) launches eight new investment opportunities in five governorates with investments of more than 5 billion Egyptian pounds.
The investment opportunities, located in El-Qaliubya, Ismailia, South (...)
Egypt's strategic reserves of wheat are sufficient for five months in the light of preparations for the next season, Supply Minister Ali Moselhy said on Monday.
Moselhy made these remarks during a meeting with Prime Minister Moustafa Madbouli to (...)
A draft law for regulating the work of the Egyptian Commodities Exchange will be submitted to the next parliament, according to the Egyptian Minister of Supply and Internal Trade, Ali El-Moselhy.
He added that the newly set commodities exchange (...)
Egypt's strategic reserves of wheat are sufficient for 5.7 months, Supply Minister Ali Moselhy said on Saturday.
The country's strategic reserves for rice are sufficient for one year, and those for sugar for 5 months and vegetable oils for 5 months (...)
The African-Brazilian Chamber of Commerce has been launched on Tuesday on the sidelines of the Brazil & Arab Countries Economic Forum, taking place in Sao Paulo until next Thursday.
Brazilian President Jair Bolsonaro has inaugurated the Forum in the (...)
Gold prices today in Egypt steadied on Tuesday as the price of 21-carat gold, the most popular in the local market, neared 833 Egyptian pounds ($52.98).
The global prices of the yellow metal inched higher on Tuesday to $1,913.76 per ounce backed by (...)
The Egyptian Customs Authority collected 2.736 billion Egyptian pounds in taxes, customs duties, and other charges at Dekheila and Ain Sokhna ports during August 2020.
The total value of taxes and customs duties collected for imported goods at (...)
Egypt's Downtown Delta project in Tanta, first and biggest trade and logistics zone, has attracted investment of 6 billion Egyptian pounds, according to Minister of Supply Ali Moselhi.
The project is being implemented by the Internal Trade (...)
India's LuLu Group is planning to invest $500 million in Egypt over the next three years to build out its branch network, according to its Chairman & Managing Director, Yusuff Ali.
The group intends to open 11 hypermarkets and 4 mini markets in (...)
Egypt's Supply Ministry will announce very soon its joint venture with the country's stock exchange to manage a long-awaited commodities exchange for spot trading of commodities with large markets.
The launch could be made "before the Eid al-Adha (...)
Fresh Electric for Home Appliances has developed ventilators the new devices according to Mohamed El Mohandes, Chairman of the Chamber of Engineering Industries.
He also told Amwal Al Ghad that the company is carrying out medical tests on the (...)
Egypt, the world's largest wheat importer, has enough strategic reserves of the grain for 7 or 8 months, the supply minister said in a press conference on Thursday.
Strategic reserves for all basic commodities – including wheat – are enough for at (...)
Egypt and Italy signed an agreement to build a joint commercial centre, a senior official in the Federation of Egyptian Chambers of Commerce (FEDCOC) announced on Monday.
The two countries signed the deal during the Egyptian-Italian Economic Forum (...)
Iron prices has witnessed a 100 percent increase since the floatation of the Egyptian pound, Head of the Building Materials Division at the Cairo Chamber of Commerce Ahmed el-Zeiny.
He told Amwal Al Ghad that the prices of building materials during (...)
Coca-Cola Egypt has investments of $500 million to develop the infrastructure of its factories in Egypt during the last period, general manager of Coca-Cola East Africa.
These investments are part of the company's contribution in achieving (...)