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Raya Holding partners with Italy’s UVCC for USD 70 mn agricultural products factory in Uganda
Raya Holding is partnering with Italy’s UVCC to establish a USD 70 mn food production facility in Uganda, Raya CFO…
Basic Materials + Commodities
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Basic Materials + Commodities
Katilo to invest EGP 120 mn in New Damietta cheese factory
Dairy manufacturer Katilo is building an EGP 120 mn cheese factory in New Damietta, Chairman Abdel Moneim Katilo tells Al…
HeidelbergCement raises synergies target from Italcementi acquisition, Egypt gives bigger presence
HeidelbergCement raised its target for synergies from its USD 4 bn takeover of Italcementi for the third time in less…
GASC issues wheat tender while Russian wheat prices expected to rise
The General Authority for Supply Commodities (GASC) issued a tender yesterday for an unspecified amount of wheat for a late…
Gov’t to set local wheat buying price in March
The government will set the price of buying local wheat in March, one month ahead of the harvest, the Agriculture…
Food industries sector should grow 8-10% this year - FEI
The food industries sector is expected to see growth of 8-10% in 2018 after a challenging 2017, head of the…
Agriculture Ministry expects 16% y-o-y increase in this year’s wheat harvest
The Agriculture Ministry is forecasting a 16% y-o-y increase in this year’s wheat harvest to 9.8 mn tonnes, up from…
Abu Auf to invest EGP 30 mn to increase packaged dates production
Samo Trading Company is planning to invest EGP 30 mn this year to increase the production of its packaged dates…
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