{"id":638459,"date":"2017-10-04T03:48:56","date_gmt":"2017-10-04T03:48:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/"},"modified":"2017-10-04T03:48:56","modified_gmt":"2017-10-04T03:48:56","slug":"savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/","title":{"rendered":"Savola Group at odds with local sugar producers over protectionist duties"},"content":{"rendered":"

Saudi Arabia\u2019s Savola Group has found itself at odds with local sugar producers over whether the government should implement a 20% anti-dumping duty on imports of raw sugar. Local sugar producers and beet farmers, including El Nobaria for Sugar Refining head Hassan Kamel, say that the government had promised them it would enact protectionist duties and maintain a moratorium on imports of refined white sugar. These producers now allege that Savola, which is opposed to the 20% tariff, was promised at its meeting with Trade and Industry Minister Tarek Kabil and Supply Minister Ali El Moselhy that the tithe would not be put in place, according to Al Mal<\/a>.<\/p>\n

!_StoryHed! GASC sees \u201cjump\u201d in wheat tender offers<\/p>\n

State grain buyer GASC received offers from 11 suppliers for its wheat tender yesterday, Reuters reports<\/a>. The 11 offers are a \u201cjump\u201d from GASC\u2019s previous tenders \u201cwhen suppliers stayed away amid a simmering trade row over tough inspections.\u201d This comes as GASC purchased 180k tonnes of Russian wheat, to be delivered between 5-15 November, Al Mal reports<\/a>. GASC paid a little over USD 213 per tonne, which \u201cshows a reduction in the premium the country is being forced to pay\u201d following the problems with the poppy seed-containing Romanian and French shipments, according to AgriMoney<\/a>. Russia\u2019s relatively low prices \u201cmeant that they retained a large discount to offers from France and Romania.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Arabia\u2019s Savola Group has found itself at odds with local sugar producers over whether the government should implement a 20% anti-dumping duty on imports of raw sugar. Local sugar producers and beet farmers, including El Nobaria for Sugar Refining head Hassan Kamel, say that the government had promised them it would enact protectionist duties […]<\/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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638459","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6f828c79-4f75-48db-acd2-85f72efc35fe","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[638420],"teaser":"","voice_url":""},"yoast_head":"\nSavola Group at odds with local sugar producers over protectionist duties - 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\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savola Group at odds with local sugar producers over protectionist duties\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia\u2019s Savola Group has found itself at odds with local sugar producers over whether the government should implement a 20% anti-dumping duty on imports of raw sugar. Local sugar producers and beet farmers, including El Nobaria for Sugar Refining head Hassan Kamel, say that the government had promised them it would enact protectionist duties […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-04T03:48:56+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\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Savola Group at odds with local sugar producers over protectionist duties\",\"datePublished\":\"2017-10-04T03:48:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/\"},\"wordCount\":237,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/savola-group-at-odds-with-local-sugar-producers-over-protectionist-duties\/\",\"name\":\"Savola Group at odds with local sugar producers over protectionist duties - 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Farmers are urging the government to protect the local market by either imposing protectionist tariffs on sugar or placing limits on quantities of imported\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":596455,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/28\/egypt-mulls-imposing-anti-dumping-tariffs-on-sugar-imports\/","url_meta":{"origin":638459,"position":1},"title":"Egypt mulls imposing anti-dumping tariffs on sugar imports","author":"enterpriseam admin","date":"28 August 2019","format":false,"excerpt":"The government is considering imposing a 20% anti-dumping tariff on sugar imports for 180 days after receiving complaints from local producers of large stockpiles and slow sales, unnamed sources tell the local press. The government would impose the tariff in return for raising the procurement price of sugar cane and\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":597220,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/","url_meta":{"origin":638459,"position":2},"title":"Gov\u2019t to purchase 75-80k tonnes from sugar producers to clear market oversupply","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"The Supply Ministry could purchase between 75-80k tonnes of sugar from sugar beet producers to help them clear off stacked inventories, ministry sources told the press. The ministry is currently in talks with state-owned Dakahlia Sugar & Refining, El Nubaria for Sugar Refining, and Delta Sugar Company to purchase the\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":547165,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/savola-closes-ole-bakery-acquisition\/","url_meta":{"origin":638459,"position":3},"title":"Savola closes Ole bakery acquisition","author":"enterpriseam admin","date":"12 June 2022","format":false,"excerpt":"The Egyptian Belgian Company has new Saudi owners: Saudi food conglomerate Savola has signed an agreement to acquire 100% of the Egyptian Belgian Company \u2014 best known for its Ole-branded baked goods \u2014 for EGP 622.4 mn, its advisor, Al Ahly Pharos, said in a statement (pdf) Thursday.Savola isn\u2019t new\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/228.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638332,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/","url_meta":{"origin":638459,"position":4},"title":"Savola Group eyes expansion in Egypt","author":"enterpriseam admin","date":"2 October 2017","format":false,"excerpt":"Saudi Arabia\u2019s Savola Group is eying expanding in Egypt, said the company\u2019s CEO Bader Hamad Al Aujan at a meeting with Trade and Minister Tarek Kabil and Supply Minister Ali El Moselhi, according to Al Masry Al Youm. Though Al Aujan was vague on the nature of this expansion, El\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":648956,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/sugar-export-tariff-will-not-have-significant-impact\/","url_meta":{"origin":638459,"position":5},"title":"Sugar export tariff will not have significant impact","author":"enterpriseam admin","date":"18 April 2017","format":false,"excerpt":"The EGP 3,000 per tonne sugar export tariff the government placed last Wednesday \u201cwon't change anything on the ground as no locally produced sugar is being exported at the moment,\u201d one trader told Reuters. Sugar produced in Egypt by Savola is exported, the trader says, but it will be unaffected\u2026","rel":"","context":"In "Basic Materials + Commodities"","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\/638459","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=638459"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638459\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638420"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638459"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638459"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}