Latest in Tag: Ministry of Supply Highlight
Latest in Tag: Ministry of Supply
Steel prices decline in July
Production in July marked 130,825 tonnes

GASC offers international tender to purchase 60,000 tonnes of wheat
The offers should be submitted on a Free On Board (FOB) basis with a separate freight offer

Jewellery stamping authority gain EGP 27m in revenues: Supply Ministry
Transfer of authority to a public economic entity has yet to be made, although it was announced by Minister of Supply last DecemberÂ

Emergency plan in place to offer subsidised food during Eid Al-Fitr
EGP 500m additional subsidy for commodities on ration cards offered during Ramadan

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

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

Petroleum, supply ministries cooperate to transform cooking oil into biodiesel
The programme will be applied in all governorates in Egypt, whereby ACPA will be responsible for the transformation process

Ministry of Supply studies listing FIHC in stock market
Ministry of Petroleum is also studying possibility of capital market listing

Commodity prices stable, prices drop: Minister of Supply
The minister pointed out that enough quantities of cooking oil have been contracted to suffice for consumption till the end of July – a total of 172,000 tonnes – with a value of EGP 1.5bn. A supply of Brazilian poultry, 23,300 tonnes, was also contracted.

Logistic centres to be set up for agricultural crops in governorates: Supply minister
Egyptian Sugar And Integrated Industries Company buys ton of sugar cane from farmers at EGP 400

Egypt Dairy to be re-operated: Hanafy
Re-operating Egypt Dairy is possible however investments and modern equipment are needed, says former company president

Wheat supply sufficient until April, 120m tons to arrive from Russia
Wheat and grains logistics centre will protect Egypt from wheat market fluctuations, says supply minister

No export restrictions from Russia on Egypt
GASC recently contracted to purchase 300,000 tons of wheat from France and Russia for subsidised bread

67,378 tons of expired food commodities caught in November
Minister of Supply stressed that inspections will continue to intensify control over markets

120% growth in jewellery stamping authority: Supply ministry
Presidential decree to be issued to separate the authority from the ministry to become public economic entity, says Khaled Hanafy

Russian firm to invest in Egypt’s global logistics centre project
Ministry of Supply says company has offered to supply all necessary equipment and machinery

Al-Sisi appoints Mehleb to head executive committee of global logistics centre
Minister of Supply says the project covers the construction of five investment and industrial zones for grains and food commodities with a total land use of 1.7m metres.

Exporting rice “harder” under new ministry guidelines: Vice Head of Rice Division
Head of Citizens Against Price Rises Association expected that rice prices in the local market will significantly increase

Sales at public business sector companies reach EGP 48m: Hanafy
The summer sale took place between August and the first week of October, the Minister told state television, having been extended for an additional month from the first week of September.

Masr El-Salam prepares for EGX listing next month
Chairman says company is “offering 20% of shares worth EGP 80m to construct first phase of the Salam Industrial Complex”

3 logistical centres to be constructed for EGP 13bn
20,000 jobs provided during construction and operation

Ration card commodities prices increased for quality improvement: Ministry of Supply spokesman
New ration card system provides citizens 20 privately and government-produced products including meat and chicken items, ministry says

Carrefour to fix basic food items’ prices until end of 2014: Executive Regional Director
The items in question include essential goods such as rice, oil, sugar and other commodities, Herve Majidier says

Egypt imports 60,000 tons of wheat from Ukraine
The wheat supplies will be imported starting on 20 June over a period of 10 days.

Ministry of Supply announces 30% reduction in food commodity prices over next 3 months
Ministry coordinating with armed forces to supply outlets with basic goods.

Ministries of Housing and Supply cooperate on development of services in new cities
New cities will be provided with markets, trade complexes, logistics areas and factory outlets, housing ministry says

Egypt imports 230,000 tons of wheat from Russia, Ukraine and Romania
Minister of Supply says current wheat supply is sufficient until mid-June

Egypt considers establishing first integrated commercial city
Minister of Supply says city would boost shopping tourism and generate job opportunities

Minister of Supply, Grocers Syndicate wrangle over pay
Municipal bakeries that make subsidised bread for Egypt’s poor have been working 13 months without pay

Negotiations over resumption of rice exports to begin within next two weeks
Minister of Supply to reconsider decision to suspend rice exports