It’s about damn time: The Ismail government is planning to reduce the amount of land used for the cultivation of water-intensive crops including sugarcane, banana and rice, Agriculture Ministry sources tell Al Masry Al Youm. Irrigation and Water Resources Ministry spokesman Hossam El Emam had said last month that the government had decided to cut down the maximum area for cultivating rice to 724k feddans, from 1.076 mn feddans last year. The ministry is also planning to promote the cultivation of other crops that consume less water and remain profitable for farmers, as well as develop irrigation methods to reduce water consumption.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…