MED-Amin network

(Ahram Online) "As Egypt seeks to import more wheat to safeguard its strategic reserves, experts explain the economic forces governing the grain trade."

On the anniversary of the deadly port explosion, Ammoula embraces local products and cuisine as the way to survive.

Soaring food prices have become an issue in many parts of the world. Lebanon, which relies heavily on imports, is one of the region’s most vulnerable countries. Food prices shot up 400% in December, according to government data, and more than half of the nation’s population has plunged into poverty since the economic crisis commenced in August 2019 and was compounded by the Covid-19 pandemic and the port explosion.

Middle East and North Africa economies are set to expand at their fastest pace since 2016, but growth will be uneven as oil-importing countries continue to overcome the impact of the pandemic and the shock of soaring energy and food prices exacerbated by the outbreak of the Ukraine war, coupled with rising interest rates, according to the World Bank.