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GASC purchases 60k tonnes of Ukrainian wheat
The General Authority for Supply Commodities (GASC) purchased 60k tonnes of Ukrainian wheat in an international tender yesterday that attracted…
Basic Materials + Commodities
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Basic Materials + Commodities
EPPO clears Egyptian citrus after inspection
Inspectors from the European and Mediterranean Plant Protection Organization have cleared Egypt’s citrus products for export after they found no…
Aton Resources, Sandstorm sign USD 2.1 mn financing package to fund Egypt operations
Gold miners Aton Resources and Sandstorm Gold Ltd. have signed a USD 2.1 mn financing packaged to fund more exploration…
REMD targets 30% increase in sales this year
Confectioner REMD El Rashidy El Asly is targeting a 30% increase in its sales this year to reach EGP 260…
Egypt, Italy to build 15 vertical wheat silos worth EGP 250 mn
The Internal Trade Development Authority reached an agreement with the Italian Development Authority to cooperate on building 15 vertical wheat…
Gov’t purchased 1.8 mn tonnes of local wheat for EGP 6 bn
The government has purchased 1.8 mn tonnes of local wheat from local farmers since the wheat harvest season kicked off…
Egypt’s Valencia oranges in the midst of a “disastrous” market in Europe, grapes expected to fare better
The prospects for Egyptian grapes in the European market are “looking quite a lot better” this year compared to last…
Gov’t increases rice cultivation area by 100k feddans but only using treated wastewater
The Irrigation and Agriculture Ministries have agreed to increase the area allocated for growing rice by 100k feddans this season,…
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