Food News
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Egypt, Russia to increase trade exchange in agriculture
Elkoseir noted that the Egyptian-Russian relations have witnessed intensive coordination and exchange of views.
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Vietnam, Egypt look to beef up trade, investment ties
Vietnamese Ambassador Tran Thanh Cong led a delegation to visit Damietta with the aim to promote cooperation in economy, trade, investment and culture
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Prime Minister urges need for agricultural water reuse
New proposal to reuse agricultural water that aims to save about 2 billion cubic meters.
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Egypt’s Environment Ministry provides 5000 fruit trees to Fayoum
24 awareness and training activities were carried out on reuse, recycling and rooftop cultivation.
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Egypt's agricultural exports hit nearly 5 million tonnes
Egypt's agricultural exports reached nearly 5 million tonnes over the past ten months of this year, recording a rise of 600,000 tonnes.
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Egypt's supply minister says new price for bread "will take time"
The subsidised loaf has been sold since then for 5 Egyptian piasters ($0.0032). The prices of commodities have been increasing since January.
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Global inflationary pressures push Edita to raise product prices
This trend towards increasing the average selling prices is justified by the inflationary pressures prevailing in the global economic scene.
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Agricultural Bank aims to reach 35mln customers
ABE to complete development of 1,000 branches nationwide by late 2022, more branches to come in villages and remote areas.
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Egypt’s ILLA raises $2M to diversify its offerings to FMCG value chain
ILLA is an Egyptian startup that provides full-stack delivery solutions to corporates and small businesses in the FMCG sector
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MaxAB raises $40m for expansion
Founded in November 2018 by Belal El-Megharbel and Mohamed Ben Halim, MaxAB’s platform manages procurement and grocery delivery to shops in Egypt.
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Digital agriculture competition launches in Egypt
Digital agriculture can help with major issues in agriculture like water usage and production limitations for Egypt's agriculture sector.
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Egypt lifts price of subsidised vegetable oils
Egypt's strategic supplies of vegetable oils were sufficient to last five months, the ministry said in a statement.
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Egypt’s GASC seeks soyoil, sunflower oil
The arrival period for the local vegetable oils would be July 16-August 5.
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Restaurant market in Egypt estimated at $17bn annually
Company aims to provide its restaurant management solutions to 2,000 clients in Egypt by 2021 end.
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There's a market in Brazil for garlic from Egypt
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.
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United Grain Company to supply 120,000 tonnes of wheat to Egypt
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.
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Egypt's GASC seeking wheat for Feb. 1-15 shipment
Tenders should reach GASC by noon (1000 GMT) on Tuesday.
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Egypt extends ban on sugar imports for additional 3 months
Egypt's sugar reserves are estimated at 1.4 million tons of sugar, which is sufficient for consumption for more than six months.
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Egypt's parliament approves suspending tax on agricultural land for two years
The government decided to extend the suspension for two years as an incentive for farmers and farming businesses to boost agricultural production.
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Egypt, ITFC sign $100 million deal to secure staple imports
The amount will be used to purchase 240,000 tons of wheat and 100,000 tons of sugar.