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First case of Fall Armyworm in Egypt threatens crops, vegetable exports
Egypt has reported its first case of Fall Armyworm (FAW), which can cause significant damage to crops, the Agriculture Ministry…
Basic materials
EARNINGS WATCH- Sinai Cement reports EGP 78.3 mn net loss in 1Q19
EARNINGS WATCH- Sinai Cement reported a net loss of EGP 78.3 mn in 1Q2019, down 7% y-o-y from EGP 84.3…
Supply Ministry to set up holding company to operate commodities exchange
The Supply Ministry is planning to set up soon a holding company to operate the country’s first exchange market for…
Food safety regulator gives Egypt’s food packagers until end of year to comply with new rules
The National Food Safety Authority (NFSA) has given companies running food sorting and packaging facilities six months starting from June…
Elco Steel signs agreement for Port Said steel factory
Elco Steel signed the ownership and licensing agreement for its new EGP 700 mn steel factory south of Port Said,…
Egypt’s cotton exports up 52% from December to February
Egypt’s cotton exports increased 52% y-o-y to 579.3k qintars during the first quarter of this season, compared to 379.7k qintars…
Egypt has procured 2.7 mn tonnes of local wheat this season
Egypt has bought 2.7 mn tonnes of local wheat so far this season, according to an Al Akhbar story picked…
Bread prices in Egypt to remain unchanged after July’s electricity price increases
The price of subsidized bread will remain unchanged despite the expected increase in costs when average electricity prices rise 15%…
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