A Saudi delegation is expected in Cairo by early March to inspect quality control measures on Egypt’s agricultural products and discuss the possibility of lifting the kingdom’s ban on their imports, Al Mal reports. Saudi Arabia had banned imports of Egyptian strawberries and peppers over concerns of residual pesticides, prompting several other GCC countries to follow suit. The Agriculture Ministry later moved to impose stricter regulations on agricultural exports to the GCC after the successive bans. Trade and Industry Minister Tarek Kabil and Agriculture Minister Abdel Moneim El Banna had been expected to lead a delegation to KSA soon to discuss the bans, as we noted earlier this month.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
EGX30 erases March losses with 14.2% April surge
The rally piled on roughly EGP 433 bn in market…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…