Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • العربية
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » Economy 🏙 » Egypt bans sugar exports for 3 months

Egypt bans sugar exports for 3 months

by Shams Abbas
March 22, 2023

The Clap
The Egyptian government has banned the export of sugar in all its forms for three months.

What
The decision aims to ensure Egypt’s sugar reserves are enough to meet local demand, something the Ministry of Supply & Internal Trade decides.

So What
Exporting sugar provides more lucrative returns to companies, especially with global sugar prices higher & the EGP’s devaluation.

Now What
Companies wishing to export sugar must get approval from the Ministry of Foreign Trade & Industry.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

State privatization program could pickup after Eid 👏
Economy 🏙

Will there be progress in the state privatization program before the IMF’s review?

by Shams Abbas
June 6, 2023
Economy 🏙

Egypt’s first-ever gold investment fund 15.3x oversubscribed

by Shams Abbas
June 6, 2023
مؤشر مديري المشتريات، ثاندر كلابس
Economy 🏙

Purchasing Manager’s Index inches up in May 2023

by Shams Abbas
June 5, 2023
Economy 🏙

Rumors of new USD-denominated CDs

by Shams Abbas
June 4, 2023
Economy 🏙

Where are electricity prices headed?

by Shams Abbas
May 29, 2023
Economy 🏙

Egypt’s parliament is exploring ways to increase tax-based revenues

by Shams Abbas
May 25, 2023

Leave a Reply Cancel reply

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • العربية

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)