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Egypt’s strategic wheat reserve sufficient for 5 months: Supply Minister

Egypt's strategic reserve of wheat is currently sufficient for five months.

Updated 11/5/2024 9:42:00 AM
Egypt to receive 430,000 tons of Russian wheat by early November

Egypt is set to receive 430,000 tons of Russian wheat by early November, Minister of Supply and Internal Trade Sherif Farouk said.

Updated 10/29/2024 4:22:00 AM
Egypt's strategic wheat reserves hit 6.1 months

Egypt's strategic wheat reserves have reached a supply of 6.1 months, as announced by the Minister of Supply and Internal Trade Sherif Farouk.

Updated 9/15/2024 9:30:00 AM
Gold Reserves in Arab Central Banks

Updated 9/5/2024 9:53:00 AM
Egypt aims to boost strategic commodity reserves to last for 9 months

The Egyptian government is planning to scale up the country’s strategic reserve of basic commodities to be sufficient for nine months instead of six months.

Updated 7/17/2024 11:03:00 AM
Shell’s natural gas reserves in Egypt’s Mina West, Khufu fields hit 2T cubic feet

Shell Plc’s natural gas reserves from Mina West and Khufu oil fields at the Mediterranean Sea of Egypt have reached around 2 trillion cubic feet.

Updated 5/27/2024 3:43:00 AM
JP Morgan expects $16.2B increase in Egypt’s FX reserves in FY2024/25

JP Morgan expects an increase of $16.2 billion in Egypt’s foreign exchange (FX) reserves in the coming fiscal year (FY) 2024/2025 and $2.6 billion in FY 2025/2026.

Updated 5/4/2024 10:07:00 AM
GASC buys 35,250 tons of vegetable oil via tender

The Egyptian Ministry of Supply and Internal Trade, represented by the General Authority for Supply Commodities (GASC), has bought 35,250 tons of soybean and sunflower oil via an international tender.

Updated 3/31/2024 9:30:00 AM
Egypt’s wheat reserves sufficient for 3.5 months: Moselhy

Egypt’s strategic reserves of wheat are sufficient for 3.5 months.

Updated 2/26/2024 2:41:00 AM
NIR Increase by 3% in 2023

Updated 1/15/2024 1:44:00 PM
Egypt’s gold reserves hit 25M ounces: Official

Egypt’s gold reserves in local mines amount to at least 25 million ounces, Advisor to the Minister of Supply for Gold Affairs Nagi Farag said.

Updated 1/11/2024 8:58:00 AM
Centamin raises estimates for gold reserve from Egypt’s Sukari mine by 10%

Centamin PLC has raised its gold reserve estimates from its Sukari gold mine in Egypt by 10% to 5.8 million ounces.

Updated 12/19/2023 2:09:00 AM
Egypt’s gold reserves hit $8.098B in October

Gold reserves in Egypt rose to $8.098 billion in October from $7.644 billion in September, according to data released by the Central Bank of Egypt (CBE).

Updated 11/6/2023 9:55:00 AM
Egypt’s wheat reserves sufficient for 4.7 months: Moselhy

Egypt’s wheat reserves are sufficient for 4.7 months, Minister of Supply and Internal Trade Ali Moselhy said.

Updated 10/16/2023 9:04:00 AM
GASC imports 250,000 tons of rice to boost strategic reserves

Egypt’s General Authority for Supply Commodities (GASC) has imported 250,000 tons of white rice, to be delivered within six months as of date of the contract.

Updated 10/15/2023 2:12:00 AM
Egypt’s strategic reserve of basic commodities sufficient for 6 months: Moselhy

Egypt’s strategic reserve of basic commodities is sufficient for 6 months.

Updated 10/8/2023 9:22:00 AM
Egypt to “bleed” reserves unless it further devalues EGP: IMF Chief

Egypt will "bleed" valuable reserves if it does not devalue its currency once more, the International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said.

Updated 10/8/2023 3:07:00 AM
Egypt’s strategic wheat reserve sufficient for 4.7 months: Moselhy 

Egypt’s strategic reserve of wheat is sufficient for 4.7 months, Minister of Supply and Internal Trade Ali Moselhy stated.

Updated 8/15/2023 9:02:00 AM
Egypt’s gold reserves hit $7.97B in July

Gold reserves in Egypt rose to $7.974 billion in July from $7.738 billion in June.

Updated 8/7/2023 10:13:00 AM