New supply minister resumes wheat imports
The Egyptian government has so far imported 300,000 tonnes of wheat from…
Egypt, IMF in final stages of verifying economic programme
Loan delayed by inconsistent implementation of subsidy cuts and tax hikes
Pharmacist union predicts shortages of imported medicine to reach 90%
Shortages in coming year expected because of increases in the price of…
Egypt plans to import wheat from Kazakhstan
Wheat imports to Egypt from the central Asian nation have been halted…
US dollar soars to 8.25 Egyptian pounds on black market
New rate only weeks after hitting high at official exchange rates
ECS: Egypt exports to the US under GSP programme total $50m
Egyptian Commercial Service president Anwar Sahragti highlights benefit of trade programme
CAPMAS: Trade deficit jumps 28.8% year-on-year in November
Exports fell by 1.5%, while imports jumped 14.4% during the same period
Traders differ on impact of EGP devaluation
Exporters see an opportunity while importers see disaster in devaluation of currency
Delay of IMF deal presages economic deterioration
Anxiety due to possible downgrading of Egypt’s credit rating and the collapse…
