Al Nouran Sugar is due to start operations at its new plant in Sharkia by May, VP for sugar production Ahmed Abdel Moneim told Reuters. The facility will have an annual production capacity of over 600k tonnes divided into 280k tonnes from sugar beet and around 350k tonnes from raw sugar, he added. 30% of production is earmarked for export, he said.
More from Enterprise
CIB’s 3Q net income falls 17% y-o-y, 9M core earnings grow 18%
Here are the stories driving the day, both at home…
Africa’s own credit rating agency plans its first rating by March 2027, and our central bank has long backed it
Its early value lies in 22 sovereigns nobody rates, and…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…