Food News
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Italy installs six grain storage silos after cancelling $100 mln in debt owed by Egypt
Quaroni explained that $75 million was allocated for a program to develop six advanced technological silos for storing grain in Egypt.
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Agriculture Min.: Food Security in Arab World Requires New Mechanisms to Boost Productivity
He pointed out that the meeting of Arab agricultural ministers is discussing ways to activate joint Arab agricultural action.
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Egypt postpones onion export ban to 1 October
Egypt's Ministry of Trade and Industry announced on Saturday that the Cabinet's decision to ban onion exports.
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Egyptian Onions Expelled from European Market
Egyptian onion exports that were thriving all over have been ousted from the European markets due to the recent recovery of domestic production. Declining supply worldwide had favored exports, which have now exceeded 324 thousand tons.
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Exclusive: Egypt in talks for Emirati funding to buy Kazakh wheat, traders say
Egypt is in talks with an Abu Dhabi-based bank for a loan facility that would finance wheat purchases from Kazakhstan, three traders told Reuters.
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Egypt mulls importing 500,000 tons of wheat from France, Bulgaria
This came after Russia halted supplying wheat, objecting to the pricing of a mega-deal, the sources added.
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Egypt Regains Top Spot as Largest Mango Exporter to Saudi Arabia in 2022
Egypt has reclaimed its status as the top mango exporter to Saudi Arabia in 2022, setting a new record in shipments and maintaining high export levels in H1.
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Egypt's GASC Bids to Purchase 120,000 Tons of Romanian Wheat
GASC said on Wednesday it bought 120,000 metric tons of Romanian wheat in an international tender.
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Egypt: Edita secures $12.60mln loans to finance new investments
The EGX-listed firm will use the proceeds of the facility to finance 50% of the acquisition amount related to Fancy Foods.
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Egypt purchased 3.8 million tons of wheat from local farmers this season
The Egyptian cabinet announced in a statement that the Ministry of Supply and Internal Trade purchased 3.8 million tons of wheat from local farmers.
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Egypt signs MoU with China to boost mango exports
Egypt signed a memorandum of understanding (MoU) with China to open the Chinese market to Egyptian mangoes.
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EBRD grants a $20M loan to edible oil manufacturer Afia
The loan will provide approximately 15 percent of its total annual needs in order to support the company to diversify its financing sources.
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First grain ships arrive in Ukraine using new route
The vessels will deliver the wheat to Egypt and Israel, according to Ukraine's agricultural ministry.
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Egypt continues to strengthen its position in the US frozen strawberry market
From January to July 2023, Egypt exported a record high of 9,100 tonnes of frozen strawberries to the US.
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EBRD strengthens Egypt’s agribusiness sector
Since 2012 the EBRD has invested €10.4 billion in 167 projects in Egypt, with almost 57 per cent of its portfolio in private sector projects.
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Egyptian pomegranate campaign to start with lower volumes than last season
The Egyptian pomegranate campaign starts soon, with yields lower than last season, Egypt's usual export volumes are around 250 thousand tonnes.
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Things you should know about Egyptian oranges
Egypt is the world's largest exporter of citrus fruits. Egyptian citrus exports surged by 21% in 2023, reaching 1.6 mio tonnes valued at USD 976 mio.
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Egypt’s food subsidies surges by 42% in the FY 2023/24
The cost of annual food subsidies in Egypt has reached EGP 127.7 billion ($4.13 billion) for the fiscal year (FY) 2023/2024.
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Egypt, Equatorial Guinea Review Enhancing Agricultural Cooperation
El-Quseir reviewed the development witnessed by the agricultural sector in Egypt during the past ten years.
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Egypt: New Sina to invest $32mln in food, beverage market in 1Q 2024
The new investments would be used to restart factories and develop production lines in Gamasa Industrial City and Sadat City: Ahmed Hammouda