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Obour Land, Domty plan to set 2-4% price hike
Cheesemaker Obour Land is planning to raise prices by 2% in 2H2018 following a planned hike in energy prices, Chairman…
Basic Materials + Commodities
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Basic Materials + Commodities
Egypt to export 100k tonnes of grapes, but faces stiff competition
Egypt is expected to export 100k tonnes of table grapes this year, head of produce brand Trade Waves Ahmed El…
Agriculture Ministry considering importing cotton from West African countries
The Agricultural Ministry is reportedly considering resuming cotton imports from Côte d'Ivoire, Senegal, Mali and Chad, according to Cotton Exporters…
Centamin cuts output targets on lower grade gold, shares drop 18%
Gold miner Centamin has cut its 2018 output to 505k-515k ounces from a previous forecast of 580k ounces due to…
116k feddans of the 1.5 mn feddans project was cultivated
Almost 116k feddans of the 1.5 mn feddans project was cultivated in FY2017-18, according to a CAPMAS release. Minya topped…
Gov’t could tap int’l wheat market early after Dubai’s AOS failed to deliver on contracted shipments
Dubai-based trader AOS has failed to deliver two of its wheat cargoes to Egypt, which may force the government to…
Fancy Foods plans to launch 3 new production lines
Fancy Foods is looking to establish three new production lines in an effort to capitalize on available export opportunities, Chairman…
Trade Ministry signs agreement to manage branding of authentic Egyptian cotton
The Trade Ministry signed yesterday a three-year cooperation agreement with the Egyptian Cotton Exporters Association and the Cotton Egypt Association…
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