{"id":620965,"date":"2024-05-29T00:00:00","date_gmt":"2024-05-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/egypt-an-export-hub-for-palm-oil\/"},"modified":"2024-05-29T00:00:00","modified_gmt":"2024-05-29T00:00:00","slug":"egypt-an-export-hub-for-palm-oil","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/egypt-an-export-hub-for-palm-oil\/","title":{"rendered":"Egypt an export hub for palm oil?"},"content":{"rendered":"<p class=\"tag-border-left\">COMMODITIES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Malaysia has plans to <\/strong><strong>turn Egypt into an export hub for palm oil:<\/strong> Malaysia intends to set up a logistics and marketing center for palm oil in the Suez Canal Economic Zone to enhance the country\u2019s exports to Africa, the country\u2019s Plantation and Commodities Minister Johari Abdul Ghani said on the sidelines of the <a target=\"_blank\" href=\"https:\/\/www.mpoc.org.my\/event\/malaysian-palm-oil-forum-egypt\/\" style=\"\" rel=\"noopener\">Malaysian Palm Oil Forum<\/a> in Cairo yesterday, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/05\/28\/1796324\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reported. Malaysia currently exports 2.5 mn tons of palm oil to African countries every year, Abdul Ghani added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next: <\/strong>Abdul Ghani will be paying a visit to the SCZone today to learn about incentives on offer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia intends to set up a logistics and marketing center for palm oil in Egypt<\/p>\n","protected":false},"author":1,"featured_media":620966,"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":[111,317,8617,72,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-620965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-commodities","tag-egypt-malaysia-relations","tag-enterpriseam","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"88004b9c-d35d-4016-8b34-eb6181658e3d","order":"11","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2410.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt an export hub for palm oil?","related_issue":[620947],"teaser":"Malaysia intends to set up a logistics and marketing center for palm oil in Egypt","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.e34caeac-26ac-4077-a6cf-ee592ab347ce.mp3"},"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>Egypt an export hub for palm oil? 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The company recently raised its capital from EGP 250 mn to 300 mn via a\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/457.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549875,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/04\/lots-of-investment-flowing-into-logistics-hubs-and-cooking-oil-complexes\/","url_meta":{"origin":620965,"position":1},"title":"Lots of investment flowing into logistics hubs and \u2026 cooking oil complexes","author":"enterpriseam admin","date":"4 October 2022","format":false,"excerpt":"Supply Ministry tenders logistics + cooking oil complex projects, with more in the pipeline: The Supply Ministry has four logistics and retail hubs in the pipeline, along with three cooking-oil complexes worth a combined USD 321 mn \u2014 and signaled we could see another cooking oil complex in partnership with\u2026","rel":"","context":"In &quot;INFRASTRUCTURE WATCH&quot;","block_context":{"text":"INFRASTRUCTURE WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/infrastructure-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/122.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565718,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/deforestation-could-be-driving-the-evolution-of-new-diseases\/","url_meta":{"origin":620965,"position":2},"title":"Deforestation could be driving the evolution of new diseases","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"Reforestation without biodiversity could create breeding ground for disease: A new study suggests the destruction of forests in favor of palm oil plantations and monoculture reforestation could be increasing risk of the emergence of zoonotic diseases such as covid-19, The Guardian reports. \u201cReforestation can increase biodiversity loss when forest expansion\u2026","rel":"","context":"In &quot;WHAT\u2019S NEXT&quot;","block_context":{"text":"WHAT\u2019S NEXT","link":"https:\/\/enterpriseam.com\/egypt\/category\/whats-next-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":581553,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/is-egypt-brewing-up-a-fresh-export-subsidy-program\/","url_meta":{"origin":620965,"position":3},"title":"Is Egypt brewing up a fresh export subsidy program?","author":"enterpriseam admin","date":"15 February 2023","format":false,"excerpt":"The state is also looking into adding new sectors to the subsidy program","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/Suez-Port-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563123,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/20\/more-industries-qualify-for-export-subsidies-under-new-program\/","url_meta":{"origin":620965,"position":4},"title":"More industries qualify for export subsidies under new program","author":"enterpriseam admin","date":"20 June 2021","format":false,"excerpt":"We now have more details on the state\u2019s new export subsidy program: Exporters in the automotive, ceramics, pharma, electronics, and chemicals industries can now enrol in the export subsidy program for the first time, under a decision approved by the Export Subsidy Fund on Friday, the Trade Ministry announced. The\u2026","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/250.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563202,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/22\/malaysian-investment-coming-to-the-sczone\/","url_meta":{"origin":620965,"position":5},"title":"Malaysian investment coming to the SCZone?","author":"enterpriseam admin","date":"22 June 2021","format":false,"excerpt":"Malaysian investment in the SCZone? Malaysian Foreign Minister Hishammuddin Hussein yesterday discussed investing in the Suez Canal Economic Zone during talks with SCZone Chairman Yehia Zaki, cabinet said in a statement. 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