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Egypt halts cotton trading system and mulls bringing back subsidies to support the sector
A dip in global cotton prices and a higher guaranteed price has made Egyptian cotton unable to compete in local…
Al Mashat meets with EU delegation to discuss unlocking EUR 1.8 bn investment guarantee mechanism
The investment guarantees were first announced back in March as part of the bloc’s EUR 7.4 bn aid package for…
China to launch 1 mn feddan New Valley integrated farming zone
The project will prioritize cultivating high-value crops such as medicinal and aromatic plants
UAE’s Al Dahra looks to invest USD 230 mn to purchase up to 90k feddans, fund reclamation
The company has invested around USD 250 mn to reclaim and cultivate 40k feddans
Al Safy to invest USD 80 mn to develop its television, smartphone production lines. PLUS: Exeed, Mineral Resources Authority, Raya Holding + Helios, ICT Misr, Orange Egypt
The firm plans to expand the factory’s product range to include smartwatches, routers, advanced cameras, and speakers moving forwards
Kazyon to fuel Morocco expansion plans with USD 30 mn from the IFC
The supermarket chain tapped into the Saudi market in February with a 50% stake purchase of discount retailer Dukan
Companies line up to revive Delta Fertilizers
The company has been inactive and racking up losses over the last four years
Too much water, or not enough? Rising sea levels and water scarcity’s effect on Egypt's soil fertility
The Nile Delta has ranked among the IPCC’s top three most vulnerable regions worldwide since the 2000s
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