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Raya to build EGP 200-300 mn pasta manufacturing plant by year-end in SCZone
Raya Holding for Financial Investment will establish a EGP 200-300 mn pasta plant by year’s end in partnership with Poland’s…
Basic Materials + Commodities
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Basic Materials + Commodities
Gov’t imposes export tariff on fish for four months
The Trade Ministry imposed an EGP 12,000 per tonne tariff on the exports of fresh and frozen fish for four…
Supply commodities subsidies will reach EGP 70 bn this year -Moselhy
The nation’s subsidy bill will ring in at EGP 70 mn by the end of this fiscal year, up from…
Fish exports halted due to local shortage
Egypt has stopped exports of fish in the face of a domestic shortage, President Abdel Fattah El Sisi said, Reuters…
Agriculture Ministry signs EUR 1.6 mn agreements with FAO
The Agriculture Ministry signed two agreements with the UN Food and Agriculture Organization worth a combined total of EUR 1.6…
Export fees increased on aluminum scraps, import fees might be imposed on iron
Export fees were increased on aluminum scrap to EGP 6,000 from EGP 5,000 per tonne by the Trade and Industry…
China’s Angel Yeast Company to establish USD 40 mn yeast factory in Beni Suef
China’s Angel Yeast Company is planning to establish a USD 40 mn yeast factor in Beni Suef, Al Borsa reports.…
Study on local tobacco cultivation underway to be completed by mid-May
A comprehensive study of tobacco cultivation in Egypt will be ready by mid-May, Chemical Industries Holding Company chairman Yasser El…
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