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Wheat cultivation areas in Egypt fall by 13% in 2019
Egypt cultivated 2.7 mn feddans of wheat at the end of the official season, dropping 13% y-o-y and falling short…
Basic materials
FRA extends the deadline of Titan Group to present its MTO to one month
M&A WATCH- Market regulator grants one-month extension to Titan Group on MTO deadline for Alexandria Cement: The Financial Regulatory Authority…
Phosphate Misr inks USD 842 mn agreement with China’s CSCEC, Wengfu
Phosphate Misr signed an agreement with a consortium of the Chinese State Construction Engineering Corporation (CSCEC) and China’s Wengfu Group…
Edita launches Todo Max
Edita Food Industries launched its new product “Todo Max” with a retail price of EGP 2 per pack, according to…
Egyptian officials to inspect wheat shipments abroad
Agriculture Ministry officials will be allowed once again to travel abroad to inspect wheat shipments at the port of origin,…
Evergrow to receive USD 150 mn loan to restructure debts
Egyptian fertilizer manufacturer Evergrow has reached an agreement with four local banks for a USD 150 mn loan to restructure…
Agriculture Ministry to double Egypt’s soybean cultivation areas
The Agriculture Ministry aims to more than double the area used for soybean cultivation from 37k feddans to 80k feddans…
Egyptian cheesemaker Obourland plans to raise exports to USD 5 mn in 3 years
Dairy producer Obourland aims to bring its exports to USD 5 mn in three years,the companysaid in a statement (pdf).…
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