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GASC buys 120K tonnes of French wheat
GASC bought 120K tonnes of French wheat, amid a 535K tonne tender order on Wednesday. The purchase has apparently driven…
Basic materials
Philip Morris settles with Eastern Company, future payments to be in EGP equivalent
Eastern Company announced it reached an agreement with Philip Morris International to get it “to pay back outstanding debt and…
GASC launches wheat tender on Tuesday
GASC launched a wheat tender on Tuesday for 60K tonnes of wheat for delivery on 1-10 April, Reuters reports.
Increasing cotton area under cultivation on Agriculture Ministry’s agenda
The Agriculture Ministry is looking to increase the areas where cotton is grown to 250K feddans this season from 131K…
House Industry Committee forces PMI to repay Eastern Company’s arrears in USD
Philip Morris International (PMI) will be forced to pay the Eastern Company for tobacco seven months of arrears worth USD…
Grain traders to increase investment in Alexandria after nixing logistics project in Damietta
Grain traders Cargill, Louis Dreyfus, and ADM Medsofts are all planning on increasing their investments in Alexandria ports of Abu…
Egyptian stone fruit season to kick off end of March
Egypt‘s stone fruit season will begin at the end of March, two weeks before the Spanish season, giving Egypt an…
Aton begins diamond drilling at Hamama deposit
Aton Resources has launched diamond drilling operations (deep-drilling that leaves rocks intact) at its Hamama gold deposit at the Abu…
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