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Eastern Company sees sales up by EGP 300 mn in FY2017-18
The Eastern Tobacco Company expects to see its revenues climb by additional EGP 300 mn to EGP 12.2 bn in…
Basic materials
Rice export ban drives down prices
Rice prices dropped EGP 600 to EGP 3,900 per tonne due to the ban on rice exports currently in place,…
Chemicals and fertilizers exports up 36% y-o-y in 1H2017
Exports of chemicals and fertilizers increased 36% y-o-y to USD 2.07 bn in 1H2017, the Chemicals and Fertilizers Export Council…
Drop in demand, purchasing power drives food companies to spend more on marketing
The drop in consumer demand and purchasing power due to rising prices is causing food and beverage producers to increase…
GASC issues global wheat tender
The General Authority for Supply Commodities (GASC) issued a global tender yesterday for an unspecified amount of soft and milling…
4.02 mn feddans of rice, corn and other summer crops cultivated
4.02 mn feddans were used to cultivate summer crops including corn, rice, and nuts nationwide, according to an Agriculture Ministry…
Supply Ministry issues regulations to monitor rice storage
The Supply Ministry has issued new regulations requiring farmers and companies to store their rice stocks at public and registered…
Centamin paid EMRA USD 11 mn of Sukari gold mine profits in June -Egypt GM
Centamin paid the Egyptian Mineral Resources Authority (EMRA) USD 11 mn of what it owes it in profits from the…
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