Food News
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Egypt's agricultural exports reach 4.4 mln tons
Egypt’s agricultural exports reached 4.4 million tons from January till 24 August 2022, Minister of Agriculture El-Sayed El-Quseir announced.
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Oil prices won’t affect bread price
GASC reassures Egyptian citizens that it will bear the difference in the cost of bread, prices remain the same to consumers.
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Cost of imported wheat and oil burdens state’s budget
The prices of imported wheat and oil have hiked, which poses a burden on the state’s finances and budget, Minister of Finance Mohamed Maait said.
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Egypt exports 3.5 million tons of agricultural products
The numbers are between January and June. Citrus and potatoes are on the top of the exports list.
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India and Egypt in talks to exchange wheat for fertiliser
Egypt's supply minister said he met with the Indian ambassador to go over a possible deal for 500,000 tons of wheat.
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Egypt says government purchases exempted from India's wheat exports ban
India said it would still allow exports backed by letters of credit that were already issued, and sales to countries that request supplies.
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Egypt's food exports increase by 5% in 1Q of 2022
Exports of the Egyptian food industry increased by 5 percent in the first quarter of 2022, recording $1.04 billion against $996 million in 2021.
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Egypt to restore wheat supply to local bakeries
The Ministry of Supply and Internal Trade announced on Monday that it would reverse its decision to cut by 10 percent its supply of local wheat.
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The Food Lab, an Egyptian cloud kitchen provider, raises $4.5M pre-seed for expansion
Following two years of bootstrapping, the company has raised $4.5 million in pre-seed financing — its first venture round.
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Egypt approves India as wheat supplier
There is a sharp decline in availability of wheat in the global markets due to the ongoing conflict between Russia and Ukraine.
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ABE completes preparations ahead of wheat harvest season
The bank is also facilitating supply operations from farmers and receiving all wheat supplied from them.
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India may be the new wheat exporter to Egypt
Egypt is one of the biggest wheat importers in the world and has received offers from about 15 countries regarding its wheat needs.
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Egypt eyes more fruit imports from Kenya
Kenya mainly sells tobacco, paper and paperboard, fruits and vegetable textile fibers to Egypt, with the value of imports growing 8.67%.
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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 ranks #1 in fish farming in Africa
Egyptian Minister of Agriculture: Egypt ranks first in fish farming within Africa, sixth globally and third globally in the production of tilapia.
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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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