Food News
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Egypt Annual Country Report 2023 - Country Strategic Plan 2023 - 2028
In the second half of 2023, WFP assisted 720,000 people in the most underprivileged areas, including over 200,000 refugees.
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Egypt to cut poultry, eggs prices by up to 15% with private sector involvement
Egyptian markets are preparing for a considerable decrease in prices of poultry and eggs starting Tuesday.
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Edita has expressed interest in acquiring Egypt’s Bisco Misr
Edita is yet to submit an official offer or take any tangible steps towards acquiring the company.
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Egypt aims to procure 3.5 million tonnes of local wheat in 2024
Egypt imported about 12 million metric tonnes of wheat every year from 2017 to 2021: a 2022 report by the United States Department of Agriculture.
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Egypt announces LE 120B soft financing for agricultural, industrial production
The allocated funds will be divided into two categories: LE 105 billion for working capital and LE 15 billion for the acquisition of machinery...etc.
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Are you a foreigner who wants to buy land in Egypt? here's what you should know
Egypt has embarked on a groundbreaking initiative to open up designated plots of land to foreign businesses, allowing transactions in US dollars.
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Egypt inks agreement to establish LE 1.6B silo factory in East Port Said
According to the agreement, Feerum Egypt will establish a factory in the industrial zone in East Port Said, covering an area of 51,950 square meters.
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Water & food security projects top economic & social development plan in Egypt FY2024/25 budget
The government intends to construct 471 drinking water stations and 248 sewage treatment stations and increase housing units to 337,000 residentials.
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Egypt maintains unsubsidized bread prices without increase
This decision was influenced by a drop in flour prices of 40 percent in March. The cost of flour decreased from EGP 26,000 to EGP 16,000.
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Ministry of Agriculture denies news of deadly virus affecting poultry
In a statement Monday, the media center said it had contacted the Ministry of Agriculture, which dismissed the news as baseless.
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Egypt takes measures for strategic reserve of essential goods to regulate markets: PM
There is a directive for several state entities to take responsibility for providing a strategic stock of essential goods.
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Egypt’s pressure on the potato markets fueled by the sharp devaluation of pound
Potatoes are one of the Egypt’s main export crops, and in Europe potato prices are breaking records, the devaluation for this market was timely.
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Egypt's agricultural export strategy focuses on farmer support
Al-Quseir noted a record increase in fresh agricultural exports in 2023, reaching approximately 7.4 million tons.
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Egypt to allocate $2.66bln for bread subsidies in FY 2024/2025 budget
A finance ministry statement said on Tuesday citing Finance Minister Mohamed Mait.
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Egyptian Cabinet Extends Sugar Export Ban for Additional Three Months
The cabinet had previously approved the importation of one million metric tons of sugar this year.
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Gov’t plans massive sugar production in current season to resolve months-long sugar crisis
The ministry aims to receive nearly 1 million tons of sugar beet throughout the current season, which extends until August.
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Agricultural produce is second-largest source of foreign income for Egypt
The ministry said this was due to the “significant efforts” it has made in recent years, in collaboration with other state institutions.
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Egypt: Lotus for Agricultural Investments’ profits up 82% YoY in 2023
Lotus for Agricultural Investments and Development’s net profits after tax increased 82.2% year on year (YoY) in 2023 to EGP 22.384 million.
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In Egypt, FAO leads an evaluation of the national food control system
The project aims to assist Egypt in adhering to international standards, fostering greater harmonization and trade within the region.
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Egypt breaks record in exports of fruits and vegetables to Germany
Egyptian exports to the German market consisted mainly of five products – potatoes, frozen strawberries, grapes, onions, and oranges.