Latest news and articles about supply from NEX English
The Egyptian Ministry of Supply has announced an increase in wheat supply prices to <strong>2500 EGP</strong> per ardeb, aimed at supporting farmers and boosting local production. This decision follows a series of meetings addressing the challenges faced by farmers amid current economic conditions.
Oil prices have seen a significant rise, nearing <strong>$150</strong> per barrel, surpassing futures prices. This increase comes amid global supply fears, according to data from <strong>LSEG</strong>.
Inspection campaigns by the Supply Directorate in Aswan resulted in the issuance of <strong>32 reports</strong> against local bakeries, aimed at ensuring the quality of bread. This initiative is part of ongoing efforts to enhance oversight and improve service levels for citizens.
The Egyptian government has announced an increase in the local wheat supply price to <strong>2500 pounds</strong> per ton, aimed at supporting farmers and boosting local production amid economic challenges.
The Undersecretary of the Ministry of Supply in Luxor discussed wheat supply mechanisms with the Ministry of Agriculture, aiming to enhance local production and ensure market needs. This meeting is part of the Egyptian government's efforts to achieve self-sufficiency in strategic crops.