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GASC purchases 120k tonnes of Russian wheat
The General Authority for Supply Commodities (GASC) purchased 120k tonnes of Russian wheat at USD 223.5 per tonne on Wednesday,…
Basic materials
Egypt’s cotton exports drop 36.7% y-o-y in 1Q2017-18
Egypt’s cotton exports dropped 36.7% y-o-y in 1Q2017-18 to 128,300 qintars, down from 202,500 qintars during the same period last…
Raya Holding partners with Italy’s UVCC for USD 70 mn agricultural products factory in Uganda
Raya Holding is partnering with Italy’s UVCC to establish a USD 70 mn food production facility in Uganda, Raya CFO…
Katilo to invest EGP 120 mn in New Damietta cheese factory
Dairy manufacturer Katilo is building an EGP 120 mn cheese factory in New Damietta, Chairman Abdel Moneim Katilo tells Al…
HeidelbergCement raises synergies target from Italcementi acquisition, Egypt gives bigger presence
HeidelbergCement raised its target for synergies from its USD 4 bn takeover of Italcementi for the third time in less…
GASC issues wheat tender while Russian wheat prices expected to rise
The General Authority for Supply Commodities (GASC) issued a tender yesterday for an unspecified amount of wheat for a late…
Gov’t to set local wheat buying price in March
The government will set the price of buying local wheat in March, one month ahead of the harvest, the Agriculture…
Food industries sector should grow 8-10% this year - FEI
The food industries sector is expected to see growth of 8-10% in 2018 after a challenging 2017, head of the…
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