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US office expects Egypt to import 12.6 mn tonnes of wheat in MY2019-20
Egypt is expected to import 12.6 mn tonnes of wheat in marketing year (MY) 2019-20 to fill in the demand…
Basic Materials + Commodities
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Basic Materials + Commodities
Ashry to invest EGP 4 bn in new steel manufacturing projects over three years
Ashry Steel is planning to invest EGP 4 bn in new projects over three years, bringing its total investments to…
Egypt’s sugar consumption reaches 3.3 mn tonnes per annum
Egyptians’ annual consumption of sugar has reached between 3.2 and 3.3 mn tonnes, making us “one of the most sugar-consuming…
Egypt’s cotton exports rise 75% y-o-y this season to 1.4 mn qintars
Egypt’s cotton exports have so far seen a 75% y-o-y increase to 1.4 mn qintars this season, compared to 800k…
Egypt to boost rice cultivation to 1.1 mn feddans
The Agriculture Ministry is planning to increase rice cultivation this year to 1.1 mn feddans, up from 800k feddans last…
Egypt looks to diversify wheat imports
The government is looking to diversify its sources of wheat imports through “more realistic” specifications in tenders, Supply Minister Ali…
Central Bank of Egypt excludes rice, beans, lentils from 100% cash margin
The Central Bank of Egypt has excluded rice, beans and lentils from the 100% cash margin requirement imposed on most…
Government sets local wheat purchasing prices and procurement targets
The Supply Ministry announced the local wheat purchasing prices for this year ranging from EGP 655 per ardeb of purity…
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