{"id":576584,"date":"2020-11-30T04:14:11","date_gmt":"2020-11-30T04:14:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/also-on-our-radar-on-30-november-2020\/"},"modified":"2020-11-30T04:14:11","modified_gmt":"2020-11-30T04:14:11","slug":"also-on-our-radar-on-30-november-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/also-on-our-radar-on-30-november-2020\/","title":{"rendered":"Also on our radar on 30 November 2020"},"content":{"rendered":"<p><strong>Egypt\u2019s drive for commodities self-sufficiency continues:<\/strong> A ban on white and raw sugar import will remain in place for an additional three months starting December, Supply Minister Aly El Moselhy said yesterday, according to <a href=\"https:\/\/bit.ly\/2VfSkgc\">Al Mal<\/a>. Egypt\u2019s strategic reserves of the white stuff is enough to cover 3.7 months of consumption and sugar beet companies have enough stockpiled to cover another two months ahead of the domestic sugar cane and sugar beet harvest which starts in January. The government decided in September to extend the import ban, which was originally imposed in June, through to the final month of the year.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>Hassan Allam Construction <a href=\"https:\/\/bit.ly\/2VgyukN\">holds a 25% share<\/a> in a construction contract for the first phase of Cairo Metro Line 4 that they <a href=\"https:\/\/ent.news\/2020\/11\/HA-NR-Metro-Line-4-Contract-E-Final-1.pdf\">secured last week (pdf)<\/a> alongside Arab Contractors, Petrojet, and Concord.<\/li>\n<li>Arabia Investments Holding is planning <a href=\"https:\/\/alborsaanews.com\/2020\/11\/29\/1402268\">to invest up to EGP 200 mn next year<\/a> in its non-banking financial services subsidiaries, and is mulling a split into two separate companies: One for NBFS and another to manage its portfolio companies.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s drive for commodities self-sufficiency continues: A ban on white and raw sugar import will remain in place for an additional three months starting December, Supply Minister Aly El Moselhy said yesterday, according to Al Mal. Egypt\u2019s strategic reserves of the white stuff is enough to cover 3.7 months of consumption and sugar beet companies [&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":[111,2728,317,72,565,125,595],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-576584","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-arabia-investments-holding","tag-commodities","tag-enterpriseam","tag-food-security","tag-investment-watch","tag-non-banking-financial-services","wpautop","entry"],"acf":{"mongo_id":"f798c222-ca91-4367-a9a3-e764de8c0e82","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[576554],"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 30 November 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\/11\/30\/also-on-our-radar-on-30-november-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 30 November 2020\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s drive for commodities self-sufficiency continues: A ban on white and raw sugar import will remain in place for an additional three months starting December, Supply Minister Aly El Moselhy said yesterday, according to Al Mal. Egypt\u2019s strategic reserves of the white stuff is enough to cover 3.7 months of consumption and sugar beet companies [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/also-on-our-radar-on-30-november-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-30T04:14:11+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/also-on-our-radar-on-30-november-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/also-on-our-radar-on-30-november-2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Also on our radar on 30 November 2020\",\"datePublished\":\"2020-11-30T04:14:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/also-on-our-radar-on-30-november-2020\/\"},\"wordCount\":186,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"Arabia Investments Holding\",\"commodities\",\"EnterpriseAM\",\"food security\",\"investment watch\",\"non-banking financial services\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/also-on-our-radar-on-30-november-2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/also-on-our-radar-on-30-november-2020\/\",\"name\":\"Also on our radar on 30 November 2020 - 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The EU\u2019s white sugar exports dropped to a record low last season, as Egypt\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/150.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622134,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/delta-sugar-ups-beet-planting-area-this-year\/","url_meta":{"origin":576584,"position":1},"title":"Delta Sugar ups beet planting area this year","author":"enterpriseam admin","date":"27 November 2018","format":false,"excerpt":"Delta Sugar agreed with farmers to plant an additional 20k feddans of beet this year to push the total cultivation area to 114k feddans, Chairman Ahmed Abul Yazeed said in a statement cited by Reuters. Land allocated for sugar beet is already planted \u201cwith incentives to those who had planted\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":601171,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/delta-sugar-company-looks-to-boost-sugar-beet-production\/","url_meta":{"origin":576584,"position":2},"title":"Delta Sugar Company looks to boost sugar beet production","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"The Delta Sugar Company hopes to boost sugar output to 310k tonnes this year compared to 270k in the previous season, board chairman Ahmed Abu Al-Yazid tells Reuters. This comes with as the area allocated for sugar beet cultivation in Egypt has increased to 600k feddans, up from 485k in\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":652716,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/egypt-will-produce-2-4-mn-tonnes-of-sugar-this-year\/","url_meta":{"origin":576584,"position":3},"title":"Egypt will produce 2.4 mn tonnes of sugar this year","author":"enterpriseam admin","date":"17 January 2017","format":false,"excerpt":"Egypt is expected to produce around 2.4 mn tonnes of sugar this season, Reuters reported. The harvest will include 1.1 mn tonnes of sugar cane and 1.3 mn tonnes of sugar beet, Supply Minister Mohamed Ali El Sheikh said. Meanwhile, Egypt will import 800k - one mn tonnes of sugar\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":600868,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/delta-sugar-beet-output-increases-to-1-4-mn-tonnes\/","url_meta":{"origin":576584,"position":4},"title":"Delta Sugar beet output increases to 1.4 mn tonnes","author":"enterpriseam admin","date":"12 February 2019","format":false,"excerpt":"Delta Sugar has upped its sugar beet production to 1.4 mn tonnesfor the current season as compared to 1.2 mn tonnes in the previous season, Chairman Ahmed Abul Yazeed said in a statement cited by Reuters.","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":573144,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/21\/egypt-to-import-up-to-700k-tonnes-of-sugar-in-fy-2020-2021\/","url_meta":{"origin":576584,"position":5},"title":"Egypt to import up to 700k tonnes of sugar in FY 2020-2021","author":"enterpriseam admin","date":"21 July 2020","format":false,"excerpt":"Egypt is planning to import between 600k and 700k tonnes of sugar this fiscal year, Reutersreports, quoting an Agriculture Ministry official. The country produced a record 2.48 mn tonnes of sugar last harvest season, but reports suggested last year that the cultivated area of sugar beet could fall between 33-50%\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576584","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=576584"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576584\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/576554"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=576584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=576584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=576584"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=576584"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=576584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}