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December 17, 2024
The Iranian judiciary’s Mizan News Agency reported on Tuesday that Iran will auction off two seized oil tanks involved in oil smuggling. Mizan quoted a judiciary official saying that "Two oil tanks Sagha 2... and Ariana... would be sold at the auction".
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December 14, 2024
The Greek coastguard reported on Saturday that Greek authorities had recovered a body and rescued 39 migrants after their boat capsized in the Mediterranean off the southern island Gavdos. Witnesses report that many are still missing. The coastguard…
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November 25, 2024
European traders reported on Monday that the Algerian state agency ONAB had issued international tenders for up to 240,00 metric tons animal feed corn, and 70,000 metric tons soymeal. The deadline to submit price offers for the tenders is on Tuesday, November 26.
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December 8, 2024
Three sources who have direct knowledge of this matter said that the first shipment of Egypt's 430,000 metric ton purchase of Russian wheat started loading on Saturday after a delay of nearly three months. The shipment of 63,000 tonnes has been…
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November 28, 2024
Sources claim that Egypt's Mostakbal Misr Agency for Sustainable Development has not made any purchases of wheat or vegetable oil on Thursday. The agency was asked to provide more information on the terms of payment and purchasing by companies.
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November 26, 2024
Amr Hanafi of the Red Sea province said that rescuers were still looking for 13 people who were missing after a tourist vessel capsized near Egypt's Red Sea coastline on Tuesday. The Sea Story capsized near Sataya Reef on Monday, with 31 tourists and thirteen crew members on board.
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November 25, 2024
Red Sea Governorate released a statement Monday stating that 28 Egyptians were rescued after a tourist vessel sank near the Red Sea coast. The search for the remaining 17 passengers and crew members continues. According to a statement from the governorate…
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November 25, 2024
Three security sources said that the Egyptian authorities had rescued 16 passengers after a tourist vessel sank near its Red Sea coastline. Search operations were continuing for any remaining passengers or crew. According to a Red Sea Governorate statement…
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November 15, 2024
The stock markets of the United Arab Emirates rose Friday. Abu Dhabi's Index outperformed the other two due to a rise in shares by its largest listed company, International Holding Company. Abu Dhabi's benchmark Index settled 0.5% higher thanks…
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November 14, 2024
European traders reported on Thursday that the Algerian state agency ONAB did not purchase any animal feed corn in an auction which ended on Wednesday. The tender was for up to 240.000 metric tons of corn only sourced from Argentina and Brazil.
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November 13, 2024
Traders said that the European Union is increasingly focusing its wheat exports on the west side of Africa, after Russia dominated major markets in North Africa and Middle East. EU shipments of soft wheat or common wheat are 30 percent below their previous year's level.
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November 8, 2024
A small group of migrants on board an Italian navy vessel docked at an Albanian port Friday, as Rome attempted to salvage its plan to process asylum-seekers abroad after the first attempt was thwarted by legal obstacles. A reporter reported that the ship had arrived before 8 am (0700 GMT).
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November 3, 2024
Egypt's State Grain Buyer, the General Authority for Supply Commodities(GASC), announced on Sunday that it is seeking an unspecified quantity of wheat for an international buying tender for the First Time Since August. It said that the deadline for offers is November 4…
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October 29, 2024
Two Egyptian security sources reported that a dozen Egyptian migrants were believed dead when their boat capsized on Monday off the coast near the town of Tobruk in eastern Libya. One man was rescued. Sources said that the 13 men left for Italy on a people-smugglers boat Sunday night.
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October 28, 2024
Sherif Farouk, the Egyptian supply minister, said that Egypt expects to still receive a shipment of Russian grain in November after the initial consignment set for October was delayed. In September, Egypt's Supply Ministry announced that it had purchased 430…
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October 28, 2024
The national guard reported on Monday that the Tunisian coastguard had recovered 16 bodies from the sea off the coasts of Maloulech and Salakta. This is the latest boat tragedy in the Mediterranean. The bodies were discovered at the weekend, and then again on Monday.
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October 9, 2024
The Prime Minister Mostafa Mdbouly stated on Wednesday that Egypt has enough wheat reserves to last more than five-and-a half months. He also said Egypt was building reserves as a preventative measure, as tensions in the region escalate. He…
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October 4, 2024
In response to an earlier report this week regarding a direct contract for monthly wheat supplies, Egypt's state grain buyer stated on Friday that it is fully committed to disclosing all deals or tenders completed by the authority. The General…
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October 3, 2024
The Planning Ministry announced on Thursday that Egypt's GDP grew by 2.4% during the fourth quarter 2023/24, bringing its annual growth to 2.4%. This is down from the 3.8% growth rate a year ago. The Planning Ministry attributed this slowdown to geopolitical tensions…
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October 2, 2024
Two sources who have direct knowledge of this matter said that Egypt's state grain buyer had agreed to one of its largest direct wheat contracts for monthly supplies between November and April. One source said that the wheat would be delivered to the General Authority for Supply Commodities…
