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Wheat dodged Hormuz, but summer crops face the input crunch
Analysts agree this season’s wheat is secure, but differ on whether fertilizer prices will settle at a permanently higher level
Egypt to raise budget contingency reserves to 5% as geopolitical risks mount
Kouchouk is building a liquidity moat to protect energy and food subsidies against global volatility
Record sugarcane yields mask a brewing financial challenge for local refiners
The gap between domestic demand for sugar and local supply is slowly disappearing
Supply Minister names new chairman for the Holding Company for Food Industries
The Holding Company for Food Industries has a new chairman: Supply Minister Sherif Farouk appointed Ayman Ismail as chairman of…
Heba El Sayed appointed as the head of the Internal Trade Development Authority
Internal Trade Development Authority has a new boss at the helm: Supply Minister Sherif Farouk appointed Heba El Sayed (LinkedIn)…
Egypt mulls adding corn flour to subsidized bread to reduce import bill
The proposal could save USD 35-41 per ton of wheat
AstraZeneca to nearly double local pill production by 2028 as part of USD 50 mn plan. PLUS: BAIC Group, Fiat + Dynamic Distribution, Capricorn, Jaz Hotel Group, Ferrum Egypt, NextEra, Makanak, Melee, City Lab
The big pharma giant also wants to localize 80% of units produced at its Egypt plant by 2028
Gov’t still on track to secure 3.8 mn tons of wheat by year’s end, says supply minister
GASC is looking into importing wheat from Turkey
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