Food News
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GAFI calls for general assembly meeting of Pepsi Egypt in May
The first company carries out manufacturing operations, while the second company specializes in distribution operations.
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Egypt’s journey to achieve wheat self-sufficiency
The government subsidized the local consumption of wheat flour and bread with EGP 54 billion.
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Supply Ministry Prohibits Use of Local Wheat as Fodder for Fish, Animal Farms
It also warned the owners of fish and animal farms and those responsible for their management against acquiring or using local wheat.
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Egypt became the largest supplier of oranges from the Northern Hemisphere
Egypt continues to actively increase the export of oranges to the Southeast Asian region.
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Egypt allocates 45 billion EGP to purchase local wheat from farmers
Egypt has been suffering from a crisis of wheat supply from conflicting Russia and Ukraine, the two biggest wheat importers to Egypt.
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Abu Qir Fertilizers Egypt registers 86% higher profits in 9M-22/23
During the first half (H1) of FY22/23, the EGX-listed firm generated EGP 7.23 billion in net profit after tax.
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Egypt's agricultural exports exceed 2.5 mln tons in first months of 2023
Egypt’s top export crops during that period were citrus, potatoes, onions, sweet potatoes, strawberries, green beans, guava, garlic and pomegranates.
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Egypt's agricultural exports up by 10% exceeding 2.5M tons since Jan
Last week, The Egyptian Cabinet has announced a 20% increase to EGP 1,500 per ardeb in the local wheat procurement price for the 2023 harvest season.
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Egypt’s GASC seeks vegetable oils in tender
The deadline for offers is April 19 and traders should submit bids for payment at sight and 180-day letters of credit and GASC will choose.
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AFRICAEgypt begins offering maize on commodities exchange
In March, Egypt’s annual urban consumer inflation rate rose to 32.7% year on year, barely short of an all-time high.
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Food Africa and pacprocess MEA to launch in December with an even larger area
Following the success of Food Africa and pacprocess MEA last year, concrete plans to expand this year’s duo of trade fairs have begun.
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Gov’t dismisses news on use of internationally banned hormones in meat production
The cabinet media center dismissed as baseless news on the use of internationally-banned growth hormones in the production of meat.
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Senegal Harvests Experimental Homegrown Wheat
Three of the varieties are Egyptian and the fourth was developed by the institute.
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Egypt continuing support for agricultural and industrial production
Egypt is continuing to support domestic agricultural and industrial production despite harsh global economic challenges.
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President al-Sisi directs govt to speed up finalization of agricultural, food projects
The spokesperson noted that the meeting took up progress made in national projects to reclaim desert lands nationwide.
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Egypt released corn, soy fodder worth $97 mln last week
Egypt released from the country's ports a total of 210,000 tons of corn and soybean fodder worth around $97 million between 31 March and 6 April.
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Russian wheat cheapest on C&F basis in Egypt tender
The cheapest free on board offer was $272 per tonne for 60,000 tonnes of Ukrainian wheat, presented by Viterra.
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Supply Ministry Offers 110,000 Tons of Yellow Corn on Egyptian Mercantile Exchange
The Ministry of Supply aims to offer 110,000 tons of yellow corn, imported from Romania, on the Egyptian Mercantile Exchange (EMX).
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Egypt exported a record volume of potatoes to Southeast Asia in 2022
Indonesia remained the main destination for their supply, and exports more than doubled last year.
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Egypt's GASC buys 600,000 tonnes of Russian wheat in tender
The purchase comprised of 300,000 tonnes for shipment between May 10-20 and 300,000 tonnes for shipment between May 21-31, GASC said.