The US embassy’s Office of Agricultural Affairs has criticized a decision by the Egyptian authorities to reduce the number of halal meat accreditation centers for imports of US meat from eight centers to just one, the local press reports. The office said that the decision would disrupt the market, cause confusion among traders, and lead to an increase in the price of accreditation and consequently imported meat prices.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…