Has the oil really disappeared from the Welcome Ramadan exhibitions in Egypt?.. An official response

Economy Has the oil really disappeared from the “Welcome Ramadan” exhibitions in Egypt?.. An official response that was updated on Monday 1/9/2023 05:01 PM Abu Dhabi time. Some shelves dedicated to oil appeared in one of the “Welcome Ramadan” exhibitions empty in the Qalyubia Governorate, “Delta Egypt.” What sparked talk about the crisis of the disappearance of oil. Dr. Alaa Ezz, Secretary General of the Federation of Chambers of Commerce in Egypt, revealed the truth of the matter, saying that the appearance of the “Welcome Ramadan” exhibition in the Foundation in Shubra Al-Khaima, “west of Cairo”, was empty, due to the citizens’ desire to buy oil from the exhibition, while the merchants were re-supplying the shelves with goods. Ezz said that Egypt does not have an oil crisis at all, stressing that oil is available and there is no shortage in it, and that the Welcome Ramadan exhibitions are spread across all governorates of Egypt, and it was agreed with the governor of Qalyubia to provide another space in the Welcome Ramadan exhibition to pump more oil into it. Egypt’s foreign debt.. a dangerous adventure, who are its heroes? He stressed that the goods of the “Welcome Ramadan” exhibitions will be marked with the “Welcome Ramadan” logo on them and are not intended for sale, which allows preventing their circulation outside their context, especially since there are large discounts in most commodities of up to 30%, and some commodities were sold at cost such as oil, stressing that the citizen gets The quantity he needs from the exhibitions, Welcome Ramadan. The Secretary-General of the Federation of Chambers in Egypt revealed details of the prices of some commodities, saying: The exhibition includes commodities at very low prices, including eggs at 72 pounds, fresh meat 130 pounds per kilo, and a kilo of rice starts from 14 to 18 pounds, while the price of sugar is between 14 and 18 pounds. 16 pounds, oil 38 pounds, depending on the packaging, frozen poultry 65 pounds, and chilled Sudanese meat 115 pounds. Steps for reserving small residential lands for individuals, “Maskan” in Egypt. A few days ago, “Ahlan Ramadan” exhibitions were launched in many governorates of Egypt to provide commodities at reduced prices ranging between 25 and 30%, according to government data. The Egyptian Ministry of Supply continues to open “Welcome Ramadan” exhibitions and its outlets from consumer complexes in the governorates of Upper Egypt to offer food commodities, and to disburse the fifth batch of exceptional support for the most vulnerable families through outlets, consumer complexes and branches of companies affiliated with the Ministry of Supply. The Ministry of Supply, represented by the General Authority for Supply Commodities, concluded during the last period a contract to purchase 42,000 tons of imported bulk crude oil, including 30,000 tons of soybean oil and 12,000 tons of vegetable oil, to provide consumer goods and increase the strategic stock enough for a period of up to 6 months. .

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