There is a sharp decline in availability of wheat in the global markets due to the ongoing conflict between Russia and Ukraine.
The bank is also facilitating supply operations from farmers and receiving all wheat supplied from them.
Egypt is one of the biggest wheat importers in the world and has received offers from about 15 countries regarding its wheat needs.
Kenya mainly sells tobacco, paper and paperboard, fruits and vegetable textile fibers to Egypt, with the value of imports growing 8.67%.
Elkoseir noted that the Egyptian-Russian relations have witnessed intensive coordination and exchange of views.
Vietnamese Ambassador Tran Thanh Cong led a delegation to visit Damietta with the aim to promote cooperation in economy, trade, investment and culture
New proposal to reuse agricultural water that aims to save about 2 billion cubic meters.
24 awareness and training activities were carried out on reuse, recycling and rooftop cultivation.
Egypt's agricultural exports reached nearly 5 million tonnes over the past ten months of this year, recording a rise of 600,000 tonnes.
The subsidised loaf has been sold since then for 5 Egyptian piasters ($0.0032). The prices of commodities have been increasing since January.
This trend towards increasing the average selling prices is justified by the inflationary pressures prevailing in the global economic scene.
ABE to complete development of 1,000 branches nationwide by late 2022, more branches to come in villages and remote areas.
ILLA is an Egyptian startup that provides full-stack delivery solutions to corporates and small businesses in the FMCG sector
Founded in November 2018 by Belal El-Megharbel and Mohamed Ben Halim, MaxAB’s platform manages procurement and grocery delivery to shops in Egypt.
Digital agriculture can help with major issues in agriculture like water usage and production limitations for Egypt's agriculture sector.
Egypt's strategic supplies of vegetable oils were sufficient to last five months, the ministry said in a statement.
The arrival period for the local vegetable oils would be July 16-August 5.
Company aims to provide its restaurant management solutions to 2,000 clients in Egypt by 2021 end.
The product Egyptian exporters have the best chance to sell more of to Brazil right now is garlic, said Brazil's agricultural attaché in Cairo.
This is the first tender won by Grainexport SA in 2021 and the first tender in the company’s history won with wheat of non-Russian origin.