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Egypt Japan Steel Works could sell 50% stake
Privately-owned Egypt Japan Steel Works says it has four offers from institutions and funds looking to buy up as much…
Basic materials
Long-staple cotton prices down due to high supply
Prices of long-staple cotton from the Delta fell to EGP 2,500 per qintar, down from EGP 2,650 per qintar as…
USDA report expects Egypt wheat imports to slightly increase
Egypt’s wheat imports are expected to increase by 1.62% y-o-y in FY2018-19 to 12.5 mn tonnes from 12.3 mn tonnes,…
GASC purchases 475k tonnes of Russian, Ukrainian wheat
The General Authority for Supply Commodities (GASC) purchased 475k tonnes of wheat from seven international companies in a tender on…
IDA to issue iron plant licenses only to those moving up the value chain
The Industrial Development Authority (IDA) will issue new licenses for iron plants only if they can go up the value…
Fruit producer Jana Fresh plans to set up a new packaging station by 2021
Fruit producer Jana Fresh is working on acquiring licenses to set up a new export-focused packaging terminal on the Cairo-Alexandria…
Gov’t targets 1 mn tonnes of rice purchases to satisfy demand
The Supply Ministry is looking to purchase at least 1 mn tonnes from local farmers this harvest season, reports Al…
Government starts buying locally produced rice until mid-November
The Supply Ministry began yesterday purchasing locally produced rice for this harvest season which ends in mid-November, Al Shorouk reports.…
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