{"id":606178,"date":"2023-09-12T00:00:00","date_gmt":"2023-09-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/12\/govt-to-up-wheat-cultivation-area-next-year-following-disappointing-2023-harvest\/"},"modified":"2023-09-12T00:00:00","modified_gmt":"2023-09-12T00:00:00","slug":"govt-to-up-wheat-cultivation-area-next-year-following-disappointing-2023-harvest","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/12\/govt-to-up-wheat-cultivation-area-next-year-following-disappointing-2023-harvest\/","title":{"rendered":"Gov\u2019t to up wheat cultivation area next year following disappointing 2023 harvest"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> COMMODITIES- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Gov\u2019t seeks to boost area cultivated with wheat by 25% in 2024: <\/strong>The government aims to increase the amount of land allocated to wheat farming by 25% to 4 mn feddans next harvest season, <a target=\"_blank\" href=\"https:\/\/bit.ly\/3Lkkpxr\" style=\"\" rel=\"noopener\">A<\/a> <a target=\"_blank\" href=\"https:\/\/bit.ly\/3Lkkpxr\" style=\"\" rel=\"noopener\">sharq Busine<\/a> <a target=\"_blank\" href=\"https:\/\/bit.ly\/3Lkkpxr\" style=\"\" rel=\"noopener\">ss<\/a> reports, citing an anonymous government official. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Remember: <\/strong>The amount of wheat the government bought in this year\u2019s harvest reportedly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a2b85b33-08f0-40af-995f-f72ff64b189b\" style=\"\" rel=\"noopener\">fell<\/a> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a2b85b33-08f0-40af-995f-f72ff64b189b\" style=\"\" rel=\"noopener\">by 10%<\/a> y-o-y to 3.4 mn tons. One government official was quoted as telling local media the drop was partly due to a c. 12% y-o-y fall in the area cultivated with wheat this season, as farmers shifted their focus to growing crops used for livestock feed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> TRANSPORT- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Air Cairo adds new route between Sharm and Madrid: <\/strong>Low-cost air carrier Air Cairo will begin operating weekly flights between Madrid and Sharm El Sheikh starting 29 October, it said in <a target=\"_blank\" href=\"https:\/\/bit.ly\/3PA0KMs\" style=\"\" rel=\"noopener\">a<\/a> <a target=\"_blank\" href=\"https:\/\/bit.ly\/3PA0KMs\" style=\"\" rel=\"noopener\">stateme<\/a> <a target=\"_blank\" href=\"https:\/\/bit.ly\/3PA0KMs\" style=\"\" rel=\"noopener\">nt<\/a> yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> INFRASTRUCTURE- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Airport updates: <\/strong> Civil Aviation Minister Mohamed Abbas Helmy held a presser in Hurghada yesterday to share updates on projects to expand several of the country\u2019s airports and increase tourist numbers. Among the highlights:<\/p>\n<ul>\n<li><strong> Quadrupling capacity at Alex airport: <\/strong>The annual capacity of Alexandria\u2019s Borg El Arab airport will rise to 6 mn passengers from 1.5 mn currently when the ministry opens a new terminal next year. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/AsharqbEGY\/status\/1701203944905535922?s=20\" style=\"\" rel=\"noopener\">Asharq Business<\/a>)<\/li>\n<li><strong> Flying south: <\/strong>Berenice International Airport is ready to receive international and domestic flights. Berenice, an ancient seaport, is about 140 km south of Marsa Alam. The civilian terminal was built as part of a larger military facility and can handle some 600 passengers per hour. (<a target=\"_blank\" href=\"https:\/\/bit.ly\/3PcLq74\" style=\"\" rel=\"noopener\">Al<\/a> <a target=\"_blank\" href=\"https:\/\/bit.ly\/3PcLq74\" style=\"\" rel=\"noopener\">Mal<\/a>)<\/li>\n<li><strong> St. Catherine expansion: <\/strong>The ministry expects to complete the expansion of the St. Catherine International Airport by April 2024. Capacity will rise to 600 passengers an hour from 80 currently after a new terminal is opened and the existing one is expanded. (<a target=\"_blank\" href=\"https:\/\/bit.ly\/3sMgtiq\" style=\"\" rel=\"noopener\">A<\/a> <a target=\"_blank\" href=\"https:\/\/bit.ly\/3sMgtiq\" style=\"\" rel=\"noopener\">l Mal<\/a>)<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Remember: <\/strong> The government is doing all it can to expand the tourism sector and maximize hard-currency revenues as it looks to pull the country out of a currency crisis. <strong> Tourism is booming right now: <\/strong>Egypt welcomed a record 7 mn tourists in 1H 2023, up more than 40% on the same period last year, putting it on track to meet its goal of attracting <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/17592ef1-2055-49cb-94c1-4ab525d57ba5\" style=\"\" rel=\"noopener\">15 mn people<\/a> this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> LOGISTICS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Moves to unclog truck traffic at the Egypt-Sudan border: <\/strong> The General Authority for Land and Dry Ports has created two mini logistics zones in Wadi Karkar and Abu Simbel to reduce the pile up of trucks and cars at the Arqin and Qastal border crossings between Egypt and Sudan, the Transport Ministry <a target=\"_blank\" href=\"https:\/\/bit.ly\/3R9Sunw\" style=\"\" rel=\"noopener\">said<\/a> Thursday. The zones will speed up the provision of key supplies such as water, food, and medical aid to civilians in the conflict-hit country, the statement reads. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> NBFS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Microfinance provider <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.sandah.org\/en\/\" style=\"\" rel=\"noopener\">Sandah<\/a><\/strong><strong> will offer loans to local MSMEs through online lending marketplace <\/strong><strong><a target=\"_blank\" href=\"https:\/\/eqardy.com\/home\" style=\"\" rel=\"noopener\">Qardy<\/a><\/strong> under a partnership agreement signed by the two firms, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/9\/667.pdf\" style=\"\" rel=\"noopener\">joint statement (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> TELECOMS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Orange x O West: <\/strong>Orange Egypt will provide Orascom Development Egypt\u2019s (ODE) O West project with digital infrastructure and telecom services under a 10-year agreement, according to an ODE <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/9\/781.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> on Sunday. Under the partnership, Orange will build a fiber network to equip O West with high-speed internet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Local wheat procurement reportedly fell 10% this year<\/p>\n","protected":false},"author":1,"featured_media":606179,"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":[4982,111,528,214,3610,317,72,290,503,7111,145,311,11588,595,842,256,8729,11589,287,207,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-606178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-air-cairo","tag-also-on-our-radar","tag-aviation","tag-cit","tag-civil-aviation-ministry","tag-commodities","tag-enterpriseam","tag-financial-inclusion","tag-financial-services","tag-infrastructure","tag-logistics","tag-microfinance","tag-mohamed-abbas-helmy","tag-non-banking-financial-services","tag-orange-egypt","tag-orascom-development-egypt","tag-qardy","tag-sandah","tag-smes","tag-transport","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"ec9ce240-d9bd-4d8a-bca3-566e5288a5d6","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/9\/835.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt to up wheat cultivation area next year following disappointing 2023 harvest. 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The Supply Ministry is readying logistics and silo networks across the country. This government set this year\u2019s prices for purchasing local wheat at EGP 600\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":647441,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/govt-to-increase-wheat-silo-storage-capacity-next-fiscal-year\/","url_meta":{"origin":606178,"position":1},"title":"Gov\u2019t to increase wheat silo storage capacity next fiscal year","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"The Planning Ministry says the government is working on increasing Egypt\u2019s wheat silo storage capacity to 3.13 mn tonnes by FY2017-18, according to Reuters\u2019 Arabic service. The silo capacity was 1.528 mn tonnes in FY2015-16, the ministry said, and the increase is aimed at creating strategic grain reserves domestically. The\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":630413,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/govt-plans-to-import-7-mn-tonnes-of-wheat-next-fiscal-year\/","url_meta":{"origin":606178,"position":2},"title":"Gov\u2019t plans to import 7 mn tonnes of wheat next fiscal year","author":"enterpriseam admin","date":"19 April 2018","format":false,"excerpt":"The government is planning to import 7 mn tonnes of wheat at an average cost of USD 220 mn per tonne during FY2018-19, Al Mal reports. As we noted yesterday, the government is also planning to increase its reliance on imported, rather than locally produced, wheat for subsidized bread production.\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":623549,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/06\/the-supply-ministry-wants-less-imported-wheat-and-more-local-wheat-plus-news-from-hsbc-and-mountain-view\/","url_meta":{"origin":606178,"position":3},"title":"The Supply Ministry wants less imported wheat and more local wheat. 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The government is targeting collecting 4.2 mn tonnes of local wheat during the harvest season, which runs through the beginning of July.","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":647101,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/govt-bought-237k-tonnes-of-wheat-from-local-farmers-so-far\/","url_meta":{"origin":606178,"position":5},"title":"Gov\u2019t bought 237k tonnes of wheat from local farmers so far","author":"enterpriseam admin","date":"2 May 2017","format":false,"excerpt":"Egypt bought 237k tonnes of wheat from farmers since the start of the local harvest season early April, the Supply Ministry said, according to Reuters. Minister Ali El Moselhy had said the government is targeting buying about 3.8 mn tonnes of wheat from local farmers throughout the current harvest season,\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\/606178","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=606178"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/606178\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/606159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/606179"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=606178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=606178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=606178"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=606178"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=606178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}