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Wheat imports to cost EGP 3 bn more than planned -source
Egypt’s wheat import bill is set to increase by EGP 3 bn from projected in the FY2017-18, a Finance Ministry…
Commodities
Eastern Company studying new manufacturing plant in Borg El Arab
The Eastern Tobacco Company is studying the possibility of establishing a new tobacco factory at the Borg El Arab industrial…
Egypt planning to import 7 mn tonnes of wheat this year
Egypt is planning to import 7 mn tonnes of wheat during FY2017-18, with 6 mn directed towards actual consumption and…
Agriculture Ministry to impose GLOBALGAP on guava and tomato exports
The Agriculture Ministry is gearing up to impose Global Good Agricultural Practices (GLOBALGAP) on tomato and guava exports as of…
GASC submits tender for wheat
The General Authority for Supply Commodities (GASC) bought 420K tonnes of wheat on Tuesday, according Al Masry Al Youm. 300k…
Eastern Company sees sales up by EGP 300 mn in FY2017-18
The Eastern Tobacco Company expects to see its revenues climb by additional EGP 300 mn to EGP 12.2 bn in…
Rice export ban drives down prices
Rice prices dropped EGP 600 to EGP 3,900 per tonne due to the ban on rice exports currently in place,…
Chemicals and fertilizers exports up 36% y-o-y in 1H2017
Exports of chemicals and fertilizers increased 36% y-o-y to USD 2.07 bn in 1H2017, the Chemicals and Fertilizers Export Council…
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