Herbs Oils News
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Al Magd Group to cultivate 29,000 feddans of oil crops in west Minya
This aligns with the company’s commitment to attracting local and foreign investments and providing necessary facilities to foster development.
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Cooking oil prices witness additional 14% reduction, reaching LE 65
The minister confirmed that a 1-liter bottle of mixed oil can now be purchased in the markets for LE 65.
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Egypt’s cooking oil prices drops by 20% to reach LE 80: Supply Minister
Al Moselhi attributed this decline to the devaluation of the dollar against the pound in the unofficial market.
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EBRD grants a $20M loan to edible oil manufacturer Afia
The loan will provide approximately 15 percent of its total annual needs in order to support the company to diversify its financing sources.
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Enhancing herbs: Ofi opens processing plant in Egypt to expand innovation capabilities
Egypt is one of the biggest markets for processing, exporting and growing herbs, with Upper Egypt providing the “ideal growing conditions.”
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Ajwa reports 12% YoY consolidated profit increase in Q1: Egypt
Ajwa is an Egypt-based company that operates in the manufacture and export of cooking oils and ghee.
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Egypt considers localization of olive oil industry with Libya
Both also mulled methods of expanding the company’s business in Egypt, particularly in the fields of agricultural investment.
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Egypt’s GASC seeks vegetable oils in tender
The deadline for offers is April 19 and traders should submit bids for payment at sight and 180-day letters of credit and GASC will choose.
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Malaysia wants palm oil hubs in Egypt, Saudi Arabia: deputy PM
World's second-largest exporter eager to diversify markets amid row with EU.
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Egypt aims to cultivate more than 750K feddans of oil plants
The oil industry in Egypt relies on importing about 96 percent of the oils used in production, and the 4 percent is provided locally, this will change
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Misr Oils and Soap’s turns profitable in H1 FY 2022/23
MOSC is an Egypt-based company engaged in the extraction and refining of oils from plants and animals, and the production of soap and detergents.
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Egypt's GASC sets vegoils for arrival Feb. 25 to March 3
GASC added that traders should submit bids for payment via 180-day letters of credit and at sight; and it will choose between them.
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5 consortiums apply to establish oil complexes in Egypt with $321M investments
Ali Al-Moselhi added, in his remarks on the sidelines of the inauguration of the Center of Excellence at the Cairo Chamber.
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Egypt to purchase 42,000 tons of cooking oil – GASC
It is part of the state’s plan to increase its strategic stock of cooking oil to be sufficient for at least six months, the GASC added.
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Egypt, Malaysia in talks for $30mln palm oil production project
Under the first stage, a storage facility for Malaysian palm oil packaging will be established with investments of $10 million.
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Egypt gets lowest offer for soyaoil
GASC received the lowest offer of 12,880 Egyptian pounds for 6,000 tonnes of soyaoil at a tender for local vegetable oils.
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Sunflower Oil Market 2017 Size, Type, Application and Specification, Forecast to 2024
The report on global Sunflower Oil Market imparts the industry growth factors along with the current environment and expecting future trends.
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Palm Oil and Palm Oil Derivatives Market: Industry Analysis & Opportunities-Market Data Forecast
The major restraints that are limiting the market are stringent rules for the product approval and high packaging and transport charges for exporting
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Egypt’s GASC receives offers at vegetable oil tender
Egypt’s state buyer GASC is seeking the vegetable oil for arrival Oct. 25-Nov. 10.
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Egypt’s GASC seeking soyoil, sunflower oil in tender
GASC will also accept offers of at least 10,000 tonnes of soyoil and 5,000 tonnes of sunflower oil in Egyptian pounds.