Food News
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Egypt’s food exports grow by a third
Egypt exported 7.1 million tonnes of agricultural goods between January 1 and October 30, with a total value of $4.1 billion.
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Egypt, UK launch project to enhance local food security
This project aims to improve soil fertility for small wheat farmers, particularly by enhancing agricultural productivity through soil fertility.
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How agritech is shaping the future of Egypt’s agriculture
Today, agriculture contributes 11.6% to the national GDP and employs over 18% of the labor force.
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Unlocking Egypt’s Agritech Potential
Egypt, with its unique agricultural challenges, is on the verge of a significant transformation driven by the introduction of agritech.
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Promising carrot season in Egypt a boost for global markets
Larger quantities of carrots are being cultivated in Egypt compared with last year as producers aim to meet the needs of their customers in Europe.
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North Cairo Mills’ profits up 42% YoY in Q1 FY2024/25
Net profits after tax logged EGP 10.409 million in Q1 of the current FY, versus EGP 7.316 million in Q1 of last FY.
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Egypt, Somalia mull boosting agricultural cooperation
The meeting took place on the sidelines of the Regional Forum on Accelerating the Transformation of Food Systems in the Arab Region.
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Entlaq's new report highlights Egypt's agritech potential
Egypt’s agricultural exports are projected to hit $14 billion by 2030, according to Entlaq’s report.
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Egypt's supply minister expects a delayed Russian wheat shipment
In September, Egypt's Supply Ministry announced that it had purchased 430,000 metric tonnes of Russian wheat for $235 per ton via a direct buy.
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Russia turning to Egypt for citrus and potatoes
Demand for Egyptian citrus is on the rise in many markets around the world, and that includes Russia.
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Egypt approves $10 million citrus concentrate zone in Port Said to boost exports
The project, with a $10 million investment, is anticipated to create over 300 jobs and produce 2,500 tons annually in its initial phase.
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Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize
Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize.
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Why is Egypt establishing an economic zone for citrus concentrates?
This move aligns with Egypt’s broader strategy to boost its industrial and export sectors while leveraging local agricultural strengths.
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Egypt’s Raya Holding approves Helios offer for 49% stake in Raya Foods
Helios is the largest Africa-focused private investment firm with over $3.5 billion in assets under management.
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Gov’t refutes rumors about removing 5 items from subsidized commodities
The IDSC had contacted the Ministry of Supply and Internal Trade that dismissed these rumors as groundless.
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Egypt Reaps USD 4.04 Billion from Agricultural Exports in 10 Months
Egypt’s agricultural exports exceeded 6.9 million tons between 1 January and 16 October of 2024, according to the Minister of Agriculture.
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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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Ukraine restores orange imports amid fierce competition between Egypt and Turkey
In January 2022, orange imports were twice as high compared to the same month in 2023/24.
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Large frozen poultry imports affect Egyptian poultry farmers
This situation has led to substantial losses for local farmers, threatening the sustainability of the domestic poultry industry.
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Poland more than doubles fruit and vegetable imports from Egypt
Rounding out the list of significant Egyptian exports to Poland are dried and frozen vegetables, fresh grapes, garlic, lemons, and sweet potatoes.