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Egypt’s imported rice reserves suffice through the first week of February
Egypt has sufficient imported rice reserves to cover demand through the first week of February, Supply Minister Ali Moselhy said…
Basic materials
Agro Egypt to establish EGP 20 mn sorting and packaging station
Agro Egypt plans to establish a EGP 20 mn sorting and packaging facility in Sixth of October to double its…
Sawiris’ La Mancha plans GBP 6.6 mn investment in Altus Strategies:
Naguib Sawiris’ La Mancha mining company has signed a letter of intent to invest GBP 6.6 mn in Altus Strategies,…
Steel prices hit four-year low amid falling demand
Factory prices of steel rebar have fallen below EGP 10k per ton, its lowest level since the EGP float, the…
Egypt to increase wheat cultivation area to 3.5 mn feddans this season
Egypt will increase its wheat cultivation area to 3.5 mn feddans this season, up from 3.16 mn feddans during the…
Falling wheat prices cut import bill by 13.7% in 9M 2019
Falling global wheat prices have knocked almost USD 20 bn off the government’s import bill this year, sources from the…
Sukari gold mine production falls 17% y-o-y in 3Q2019
Production at Centamin’s Sukari gold mine fell 17% y-o-y in 3Q2019 to 98,045 oz of gold, the company said in…
Agriculture Ministry to boost Egypt’s cultivation of “drought rice”
The Agriculture Ministry aims to increase the cultivation area for less water-intensive rice to 500k feddans from 150k feddans in…
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