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Farmers are refusing to sell their rice harvests to the government due to low prices, says syndicate head
Farmers are selling their rice on the open market because the government is offering them prices that are too low,…
Basic Materials + Commodities
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Supply Ministry reaches agreement with vendors on new system for subsidized commodities
The Supply Ministry reached an agreement with subsidized commodity vendors on a new framework for the distribution of goods under…
Al Mona Misr launched food processing company, to export all output
Louis Dreyfus’s local affiliate Al Mona Misr has set up a EGP 100 mn company with businessman Alaa Moghazy called…
Retail sugar prices to drop soon, gov’t source says
Retail prices of sugar are expected to drop to EGP 8.5-9 from EGP 9.5 per kg, a Supply Ministry .…
GASC purchases 170k tonnes of Russian wheat for EGP 1 bn
The General Authority for Supply Commodities (GASC) announced yesterday that it purchased 170k tonnes of Russian wheat for EGP 1…
Egypt was the second biggest buyer of Brazilian beef in September
Egypt was the second biggest buyer of beef from Brazil in September after importing 21.2k tonnes of beef, according to…
Food exports to Europe rise 21%
The Food Export Council (FEC) said food exports to Europe rose 21% to USD 235 mn in the first eight…
Obour Land to set up milk production project worth EGP 105-115 mn
Obour Land announced its intention to establish a milk production project at an investment cost of EGP 105-115 mn, according…
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