{"id":567789,"date":"2020-12-07T03:49:25","date_gmt":"2020-12-07T03:49:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/07\/also-on-our-radar-on-7-december-2020\/"},"modified":"2020-12-07T03:49:25","modified_gmt":"2020-12-07T03:49:25","slug":"also-on-our-radar-on-7-december-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/07\/also-on-our-radar-on-7-december-2020\/","title":{"rendered":"Also on our radar on 7 December 2020"},"content":{"rendered":"<p><strong>Egypt aims to raise local wheat production to 3.5 mn feddans this season<\/strong>, up slightly from 3.4 mn feddans last year, <a href=\"https:\/\/www.marketscreener.com\/quote\/future\/WHEAT-FUTURES-W-CBR--16218\/news\/Egypt-aims-to-plant-3-5-million-feddans-of-wheat-in-current-season-ministry-official-31947658\/\">Reuters<\/a> reports, citing an Agriculture Ministry official. Some 900k feddans have been planted since the start of the season in mid-November. The harvest will begin in mid-April 2021. Egypt, the world\u2019s largest importer of wheat, is seeking to reduce its reliance on imports, raising domestic production this year and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b38b5233-631c-4a79-a711-aa5a3a0c6e00\">stockpiling imports<\/a> in response to fears over food security caused by the pandemic.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>Elsewedy\u2019s <strong>EgyTech<\/strong> landed a EGP 193 mn contract to <a href=\"https:\/\/bit.ly\/3ost03e\">provide the fiber optic cables<\/a> for the Delta regional control center\u2019s heavy use electricity grid.<\/li>\n<li><strong>Raya Holding<\/strong> will <a href=\"https:\/\/bit.ly\/3oyON9v\">invest EGP 50 mn<\/a> to begin manufacturing TVs through <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf5999bf-fcdf-43f0-ba5d-b4bd6e093a7a\">Haier<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf5999bf-fcdf-43f0-ba5d-b4bd6e093a7a\"><\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf5999bf-fcdf-43f0-ba5d-b4bd6e093a7a\">Raya Electric<\/a>, a home appliances JV with Chinese firm <strong>Haier Electric<\/strong>.<\/li>\n<li><strong>Ceramics manufacturers<\/strong> have reached a preliminary debt restructuring agreement with the Oil Ministry to pay outstanding gas bills over 10-15 years with 3% interest, head of the Egyptian Federation for Investors Associations said.<\/li>\n<li>Japan\u2019s <strong>Hitachi ABB<\/strong> will <a href=\"https:\/\/bit.ly\/3qsbJsN\">install reactive power compensators<\/a> in the national power grid for the first time in Owainat\u2019s main transformer station, in an EGP 431 project.<\/li>\n<li>Fifty <strong>exporters<\/strong> <a href=\"https:\/\/bit.ly\/3gfd1Tf\">have received<\/a> EGP 1.1 bn of overdue export subsidies since the ministry allowed immediate payments to companies that want to receive their arrears in a single lump-sum rather than in installments.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Egypt aims to raise local wheat production to 3.5 mn feddans this season, up slightly from 3.4 mn feddans last year, Reuters reports, citing an Agriculture Ministry official. Some 900k feddans have been planted since the start of the season in mid-November. The harvest will begin in mid-April 2021. Egypt, the world\u2019s largest importer of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[97,111,317,152,72,565,570,1730,614,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567789","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-agriculture","tag-also-on-our-radar","tag-commodities","tag-elsewedy-electric","tag-enterpriseam","tag-food-security","tag-japan","tag-philip-morris","tag-raya-holding","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"329abb8f-9f4a-4cfd-918d-d375be407907","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567763],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Also on our radar on 7 December 2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/07\/also-on-our-radar-on-7-december-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Also on our radar on 7 December 2020\" \/>\n<meta property=\"og:description\" content=\"Egypt aims to raise local wheat production to 3.5 mn feddans this season, up slightly from 3.4 mn feddans last year, Reuters reports, citing an Agriculture Ministry official. Some 900k feddans have been planted since the start of the season in mid-November. The harvest will begin in mid-April 2021. 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Last season, Egypt\u2019s wheat cultivation area hit 3.16 mn feddans, which fell below initial targets of 3.5 mn feddans.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594425,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypt-to-increase-wheat-cultivation-area-to-3-5-mn-feddans-this-season\/","url_meta":{"origin":567789,"position":1},"title":"Egypt to increase wheat cultivation area to 3.5 mn feddans this season","author":"enterpriseam admin","date":"29 October 2019","format":false,"excerpt":"Egypt will increase its wheat cultivation area to 3.5 mn feddans this season, up from 3.16 mn feddans during the last season, an Agriculture Ministry official told Reuters on Monday. The added feddans will be cultivated in the desert due to climate change and heavy rainfall.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569475,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypts-wheat-cultivation-area-hits-3-4-mn-feddans\/","url_meta":{"origin":567789,"position":2},"title":"Egypt\u2019s wheat cultivation area hits 3.4 mn feddans","author":"enterpriseam admin","date":"25 February 2020","format":false,"excerpt":"Egypt has cultivated 3.4 mn feddans of wheat this season, according to an Agriculture Ministrystatement (pdf). A ministry official told Reuters earlier this month that Egypt cultivated 3.18 mn feddans in the 2019-2020 season.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591584,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plants-a-third-of-its-wheat-area-so-far-this-year-agriculture-ministry-official\/","url_meta":{"origin":567789,"position":3},"title":"Egypt plants a third of its wheat area so far this year -Agriculture Ministry official","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"Egypt has cultivated roughly a third of its wheat area \u2014 some 1 mn feddans out of a total of 3.5 mn feddans \u2014 so far this year, an Agriculture Ministry official told Reuters. The planting season began on 15 November and will continue until the end of this month.\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592166,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/wheat-cultivation-areas-in-egypt-fall-by-13-in-2019\/","url_meta":{"origin":567789,"position":4},"title":"Wheat cultivation areas in Egypt fall by 13% in 2019","author":"enterpriseam admin","date":"29 December 2019","format":false,"excerpt":"Egypt cultivated 2.7 mn feddans of wheat at the end of the official season, dropping 13% y-o-y and falling short of the 3.5 mn feddans the Agriculture Ministry had set as a target for the year, the local press reported, citing unnamed sources from the ministry. \u201cUnregulated\u201d practices in agriculture\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546185,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/some-good-news-on-the-wheat-front\/","url_meta":{"origin":567789,"position":5},"title":"Some good news on the wheat front","author":"enterpriseam admin","date":"8 May 2022","format":false,"excerpt":"WATCH THIS SPACE- We could be getting Ukrainian wheat through Polish and Lithuanian seaports: Polish President Andrzej Duda will visit Egypt next month to coordinate ways to ship Ukrainian wheat to Egypt amid the war, potentially through Polish seaports, Duda said in an interview with the Wall Street Journal on\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/85.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=567789"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567789\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567763"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567789"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567789"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}