Latest in Tag: Khaled Hanafy Highlight
Latest in Tag: Khaled Hanafy

Egyptâs subsidy system: questionable corruption, unending problems
At the beginning of the 20th century, when the world was plagued by famines and world wars, governments enlisted food subsidy programmes to feed their citizenry in these desperate times. Such programmes are still used by governmentâs all over the world in order to combat poverty and hunger. However, many countries across the world have …

Cabinet accepts Minister of Supplyâs resignation
Reports about a limited cabinet reshuffle next week allegedly include the ministers of education, health, transportation, and investment

Minister of Supply resigns from his position
This comes a day after the publishing of the Fact Finding Committee’s report on corruption in wheat imports

New technological project connects consumers to retail outlets: Khaled Hanafy
Internal trade sector attracts more than EGP 5bn in foreign investment

Supply Ministry receives 350,000 tonnes of wheat from local suppliers
Armed Forces Engineering Authority built 17 silos this year with UAE economic assistance

Egypt purchases wheat from France at higher prices
New contract agrees to purchase of 60,000 tonnes of wheat from France at $189.2 per tonne, in comparison to $185.4 per tonne agreement last month

Prices of food items âincreasedâ, minister promises control
Food prices will not increase following dollar rise, Hanafy says

GASC purchases 300,000 tonnes of wheat, reserves safe until June
Wheat quantities to be supplied in March from France, Romania, Ukraine, and Argentine

Egyptâs wheat reserves in question
Last May, wheat reserves were reported to be 165,000 tonnes

Microsoft to electronically link Ministry of Supplyâs wholesale, retail outlets
The project costs approximately EGP 150m, says official

Egypt takes steps to launch commodity exchange in 2016
Legislative amendments on public business sector law to offer increases of holding companies’ capitals in EGX

Strategic wheat stock sufficient until mid-May: Minister of SupplyÂ
Date of next tender has yet to be scheduled, says HanafyÂ

State to adjust prices of 10 basic commodities: Supply ministry
A logistics zone was opened in Obour market to sort and package vegetables and fruit for consumer complexes, says Hanafy

Egyptâs commodities reserves sufficient until April
New logistics system improves storage of commodities, says Supply Minister

FIHC 7 cooking oil companies record EGP 950m in Q1 FY 15/16
The revenues of these companies in the first quarter of current FY 2015/2016 have recorded EGP 950m.

7 FIHC subsidiaries record EGP 15bn revenues in FY 2014/2015
FIHC aims to launch stock market issuances to increase capital

FEDCOC submits memo to Minister of Supply to cancel deposit maximum: Sources
CBE decreased EGP exchange rate against the dollar by 10 piasters on Thursday

Supply minister meets with 3 companies to establish logistic zones
The three companies are Dia Corporate, Arma Group and Alsaeed Trading CompanyÂ

Largest consumer complex in Upper Egypt inaugurated in Qena
The ministry is negotiating to buy 105,000 tonnes of Sudanese meat at a price of EGP 40 per kilo

Wheat reserves sufficient until March 2016
GASC contracts to buy 23,000 tonnes of wheat from Europe

National project to build 60 silos to be completed in January 2016
Arab, foreign investors welcome participation in Global Logistics Centre for Grain project

Ministry of Supply to negotiate with NBE Khartoum branch to import Sudanese meat
International companies welcome investing in Global Logistics Centre for Grain Handling and shopping project in Damietta, says El-Meseiri

Imported wheat ratio increased to 25% in milling operations
Imports of large quantities of Sudanese cattle are being negotiated, according to supply minister
Steel prices decline in July
Production in July marked 130,825 tonnes

Charity foundation gives EGP 75m for commodities for low-income families: Supply Ministry
Ministry supports charity organisationsâ efforts by delivering aid through largest sales network across the country, says Hanafy

Plan to reduce wheat unloading duration to save hard currency: Supply Ministry
Decrease of wheat unloading times from ships helps save hard currency paid for docking ships in ports, says Hanafy

Egyptâs average wheat self-sufficiency reaches 54.9% over 10 years
Egyptâs wheat production reached 9.5m tonnes in 2012/2013, imports record 6.8m tonnes, consumption at 16.7m tonnes, says study

Egyptian families spend minimum of EGP 2,000 on food in Ramadan
Ministry of Supply offers food exhibitions to sell products at low prices

Egypt buys 3.9m tonnes of local wheat since April, finance ministry to step in: Supply minister
Local and imported wheat stock necessary to ensure supplies of subsidised bread are enough until 22 October, says Hanafy

EGP 37bn to support food commodities in current FY: Supply minister
Volume of imported wheat in this fiscal year drops 40% to 4.6m tonnes, compared to 6.4m tonnes last year