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Canal Sugar to sign three MoUs for investments worth USD 1 bn
Al Canal Sugar is expected to sign three MoUs with ElSewedy Electric, Saudi’s Alkhorayef Group and China’s Sinoma International Engineering…
Egyptian Refining Company USD 4 bn facility to come online in June
Qalaa’s USD 4.3 bn Egyptian Refining Company facility will begin commercial production in June, running at 60% capacity and ramping…
Egypt’s cotton production to drop 31% in MY 2019-2020 -USDA’s Cairo office
Egypt’s production of cotton is forecast to drop 31% in marketing year (MY) 2019-20 to 337k bales, down from 489k…
Demand for Egyptian grapes is up this season
Egyptian red grapes are in healthy demand from Europe, Canada, and China this season, said May Salem, general manager for…
Is ENOC’s Dragon Oil about to acquire BP’s assets in Egypt?
M&A WATCH- Is ENOC’s Dragon Oil about to acquire select BP assets in Egypt? Emirates National Oil Company (ENOC) subsidiary…
Diplomacy and foreign trade on 15 April 2019
President Abdel Fattah El Sisi met yesterday with Libyan military commander Gen. Khalifa Haftar to discuss the current situation in…
Egypt plans to cultivate 200k feddans of less water-intensive rice this season
The government is planning to cultivate 200k feddans of drought- and salt water-tolerant rice this harvest season as part of…
Egypt accepts previously rejected French wheat, purchases 240k tonnes in int’l tender
What is it, 2016 again? A 63k tonne shipment of French wheat that authorities rejected last week for ergot contamination…
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