Processed Food News
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Egypt's Domty receives $181mln acquisition offer
Arla seeks to voluntary delist Domty from the Egyptian Stock Exchange following the transaction.
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Heinz Invests $50 Million in Egypt
This expansion underscores Egypt's unique position as the sole country in the Middle East where Heinz operates.
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Egypt renews ban on exporting sugar for 3 months
The Ministry of Supply and Internal Trade on Monday opted to renew the ban on exporting local sugar abroad for a period of 3 months, starting July 1.
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Egypt rejects proposal to increase subsidized sugar prices
The government will not import sugar currently, the private sector will instead import 250,000 tons of sugar during the next three months, he said.
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Egypt imports 750k ton of sugar to cover needs until February 2025
The Minister of Supply confirmed that there is a strategic balance for cooking oil that covers 6.2 months until November 28.
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Planning Minister: Success of sugar company result of cooperation among stakeholders
The minister’s statements came during a tour of the company escorted by Minister of Supply and Internal Trade Ali El Meseilhi and other officials.
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Egypt to import 250,000 tons of raw sugar
The Ministry of Supply and Internal Trade said it signed an agreement on Thursday to import 250,000 tons of raw sugar.
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Egyptian Cabinet Extends Sugar Export Ban for Additional Three Months
The cabinet had previously approved the importation of one million metric tons of sugar this year.
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Gov’t plans massive sugar production in current season to resolve months-long sugar crisis
The ministry aims to receive nearly 1 million tons of sugar beet throughout the current season, which extends until August.
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Egyptian government to import 1M tons of sugar in 2024
Households having four or more individuals would receive an extra two kilograms of sugar on their ration cards.
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Egypt GASC Pursues 50,000 Tonnes Raw Cane Sugar in Global Tender
Egypt's GASC has initiated a strategic tender for acquiring 50,000 tonnes of raw cane sugar, aiming to strengthen its sugar reserves and ensure supply
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Egyptian-British JV to set up animal feed factories worth USD 30 mn
The project aims to localize the production of concentrated feed for poultry, livestock, dogs, and cats.
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Abu Qurqas Sugar Factories halts work after 155 years of operation
The reason for this is the weak contracted quantities of sugar cane, and their incompatibility with the operation of the highly expensive equipment.
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Egypt receives offers in sugar tender –traders
The lowest offer for white sugar was believed to be $699 a ton CIF free out and submitted by ED&F Man.
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Egyptian exports of processed food grow by 15% in Jan.-Nov. 2023
The top importing countries are Arab states with $2.5 billion (54 percent), EU members with $818 million (17 percent).
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Egypt to increase sugar on ration cards by up to 2 KGs in January 2024
Under the new measures, individuals holding ration cards will be entitled to an additional kilogram of sugar.
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Is Egypt's sugar crisis over?
Egypt has secured a significant import of 50,000 tons of raw sugar scheduled to arrive in February 2024.
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Egypt imports 50,000 tons of sugar amid price increase
GASC has imported 50,000 tons of raw sugar to be delivered in February 2024 amid an alarming price increase in the local market.
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Sugar Scarcity in Egypt Leads to 275% Price Hike: Minister Vows Resolution
Egyptians had to endure hours-long queues to acquire only two kilograms of sugar, and in some regions, the allocation is reduced to one kilogram.
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Egypt extends ban on sugar exports for three months
The Egyptian Ministry of Trade and Industry extended a three-month ban on exporting all types of sugar per the decree.