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Inflation eases for the first time in five months in October, slower than analyst expectations
Food inflation slowed for the first time since April
Qatar’s Baladna is planning to invest USD 1.5 bn in our dairy industry
Got milk? The Suez Canal Authority signed a joint cooperation memorandum with Qatari dairy producer Baladna that will see USD…
Network of food logistic hubs planned for 2024. PLUS: Honeywell x Egypt aviation fuel
The first phases of the project are set to kick off in 2024 and begin in Ismailia
UAE’s Al Dahra wants to buy up more land in Toshka
Al Dahra is in talks to buy up to 500k feddans of agricultural land
More Russian wheat incoming
GASC purchased 480k tons of Russian wheat
Snackmaker Edita expands frozen food segment
Edita recently doubled its capex for the year to EGP 800 mn
Gov’t action to stall soaring food prices may be in sight
Authorities will attempt to get the prices of nine basic commodities under control by flooding the market
Snackmaker Edita lands USD 45 mn loan from the IFC to fuel growth
The loan will support the company’s working capital, fund fresh capex, and help it settle a previous loan from the…
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