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Egyptian PM: Supply of Products in Market Influences Pricing

Prime Minister Mostafa Madbouly said that the government exerts great efforts to ensure a reassuring stockpile of various commodities, in implementation of President Abdel Fattah al-Sisi’s directives. The premier’s remarks were made during a meeting to follow up on the stock of strategic commodities, with several senior officials attending. Madbouly added there is ongoing coordination …

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Egyptian government announces securing electricity supply for summer 2025

The Egyptian government announced on Saturday that it has secured the electricity supply for next summer, in cooperation between the Ministries of Electricity and Petroleum. The plan includes relying on new and renewable energy to avoid resorting to load shedding. This came during the attendance of Egyptian Prime Minister Mostafa Madbouly at the inauguration ceremony …

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Elon Musk wants to radically reshape who controls America’s money supply

New York CNN  —  President-elect Donald Trump’s return to the White House already carried the potential for sweeping changes to the Federal Reserve. But now a growing question is not how the central bank will operate under Trump but if it’ll continue to operate at all. Elon Musk, a key Trump backer who is expected …

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Floridians return home to clean up from two hurricanes with the gas and power they need in short supply

CNN  —  Surrounded by the damage left behind by hurricanes Helene and Milton, people across Florida are facing the daunting task of cleaning up, but many lack the electricity and fuel to do it. Hampered by roads blocked by fallen trees and flooding, fuel suppliers and power companies are working to get the infrastructure of …

The post Floridians return home to clean up from two hurricanes with the gas and power they need in short supply appeared first on Egypt Independent.

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Ukraine’s energy supply faces ‘sternest test yet’ as war grinds toward third winter

CNN  —  Ukraine’s electricity supply risks “severe disruptions” this winter, the International Energy Agency (IEA) has warned, urging Kyiv’s allies to help address the country’s energy security. Russia has repeatedly attacked Ukraine’s energy infrastructure with missiles and drones since its full-scale invasion in February 2022, but its bombardments have intensified recently, leaving the country in …

The post Ukraine’s energy supply faces ‘sternest test yet’ as war grinds toward third winter appeared first on Egypt Independent.

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New corruption case in the Egyptian Ministry of Supply and Internal Trade

Sources at the Ministry of Supply and Internal Trade revealed a new corruption case within the ministry involving “M.M,” the Undersecretary of the Ministry in one of the governorates of Upper Egypt. The incident boils down to the illegal disbursement of quantities of bran during January and February of 2023, from the Middle Egypt Flour …

The post New corruption case in the Ministry of Supply and Internal Trade appeared first on Egypt Independent.

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