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Egypt’s GASC receives record number of offers in wheat tender
The General Authority for Supply Commodities (GASC) has accepted seven offers in a tender to purchase 410k tonnes of wheat…
Basic Materials + Commodities
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Egypt to increase sugar production to 2.5-2.6 mn tonnes this year
Egypt will increase sugar production to 2.5-2.6 mn tonnes in FY2020-2021, up from 2.48mn tonnes last year, Mustafa Abdel Gawad,…
Galina to set up EGP 120 mn greenhouse JV with Germany’s Sun Pharma
Agrifood player Galina-Agrofreeze is setting up a greenhouse production JV with Germany’s Sun Pharma called Sun Pharma Egypt, Chairman Abdel…
Egypt’s wheat storage capacity increases to over 4 mn tonnes in 2020
Egypt’s wheat storage capacity has increased to north of 4 mn tonnes, from 3.6 mn tonnes last year, as the…
Egypt to import up to 700k tonnes of sugar in FY 2020-2021
Egypt is planning to import between 600k and 700k tonnes of sugar this fiscal year, Reutersreports, quoting an Agriculture Ministry…
Al Gioshy Steel postpones expansion, blames new import tariffs
Al Gioshy Steel has postponed plans to add a production line to its steel rebar production facility, citing the Trade…
Egypt’s current wheat current reserves to meet 5-6 months of consumption
Current wheat reserves will support domestic consumption for the next five to six months, Supply Minister Wael Abbas told Reuters.…
Al Canal Sugar contracts El Deiab to reclaim 100k feddans in Egypt’s West Minya
Al Canal Sugar has contracted El Deiab for Land Reclamation to reclaim 100k feddans in West Minya as the first…
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