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Cotton production to increase to 2 mn qintars this year
The Agriculture Ministry is aiming to increase cotton production this year to 2 mn qintars (100k tonnes) up from 1.4…
Commodities
Egypt more than doubled its tea imports from India
Egypt bought 8.54 mn kg of tea from India in the first 11 months of 2017, India’s state-run Tea Board…
Researchers develop compound that strengthens wheat against arid conditions
Researchers at the National Research Center have developed a genetically modified compound that allows wheat to grow more efficiently in…
Domty denies freezing investment, says Rwanda expansion moving ahead
Domty denied circulated reports that it is halting investment plans and says it is moving ahead with planned expansion, according…
Centamin expects to pay EMRA USD 137 mn in 2018
Centamin plans on paying the Egyptian Mineral Resources Authority (EMRA) USD 137 mn in profits and royalties from the Sukari…
Abu Qir Fertilizers in talks for an EGP 3.5 bn loan, lists expansion plans
Abu Qir Fertilizers is in talks with a consortium of local banks over a USD-denominated loan worth EGP 3.5 bn,…
Cotton exports up 126% y-o-y
Cotton exports increased 126% to 800k qintars (40 tonnes) for the months of September-December up from 300k qintars (15k tonnes)…
Fruit and vegetable vendors refuse to implement price-printing policy
A number of fruit and vegetable vendors are refusing to comply with the Supply Ministry’s price-printing policy, which requires them…
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