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Egypt procures 3.3 mn tonnes of wheat so far into the season
The Supply Ministry has purchased nearly 3.3 mn tonnes of wheat worth EGP 15 bn from local farmers since the…
Basic materials
EARNINGS WATCH- Qalaa Holdings’ revenues rise 13% y-o-y in 1Q2019 to EGP 3.4 bn
EARNINGS WATCH- Qalaa Holdings revenues rise 13%, losses narrow to EGP 154.6 mn: Qalaa Holdings’ revenues rose 13% y-o-y in…
ITDA, Carrefour sign agreement to set up four distribution centers in Egypt
The Supply Ministry’s Internal Trade Development Authority (ITDA) and Majid Al Futtaim Retail have signed an agreement to set up…
Agriculture Ministry, Gogreen mull livestock project in Western Desert
The Agriculture Ministry and Gogreen for Agricultural Investment and Development are studying a livestock project that would produce 50k head…
Saudi sends delegation to Egypt for visits to food producers
A delegation from the Saudi Food and Drug Authority will be in Cairo from 30 June to 11 July to…
Cotton & Textile Industries starts EUR 1 bn modernization program
State-owned Cotton & Textile Industries Holding Co has kicked off a EUR 1 bn government-funded restructuring program under the supervision…
Aton discovers two new mining prospects at its Abu Marawat concession
Canadian mining firm Aton Resources has discovered two new gold mine prospects at Safaga South and Wasif in the company’s…
Egypt’s gold exports surge 132% in 2Q FY2018-2019
Egypt’s gold exports surged 132% to USD 328 mn in the second quarter of FY2018-2019, up from USD 141.3 mn…
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