Basic Materials + Commodities Archives

CBE extends cash cover for basic foodstuffs

The Central Bank of Egypt has extended the exclusion period for some basic food commodities, namely rice, lentils and fava…

Egypt is looking to produce 9.5 mn tonnes of wheat this season, with 3.5 mn allocated for subsidized bread, Agriculture…

Egypt has cultivated 3.4 mn feddans of wheat this season, according to an Agriculture Ministrystatement (pdf). A ministry official told…

An administrative court has postponed to 23 May its ruling on an appeal by steel rolling mills to overturn a…

Egypt has strategic reserves of wheat that would last 4.7 months and sugar that would last 5.3 months, Supply Minister…

The European Bank for Reconstruction and Development (EBRD) has loaned Saudi dairy firm Almarai USD 100 mn for new investments…

Trade Minister Nevin Gamea issued a decision yesterday to extend export tariffs on talc, quartz, feldspar, sand and granite for…

Al Canal’s USD 1 bn Minya sugar factory will output over 400k tonnes of white sugar when production resumes in…

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