Food News
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Japanese Otsuka to build EGP 1.2 bln healthy food & energy drinks factory in Egypt
The Japanese giant Otsuka Pharmaceutical is set to build a healthy food and energy drinks factory in Egypt's 10th of Ramadan City worth over EGP 1.2bn
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Egypt increases orange exports to Brazil
Egypt signed the Free-Trade Agreement with MERCOSUR (a South American trade bloc) back in 2017.
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Irrigation minister reviews efforts to upgrade northern lakes
Irrigation Minister Hany Sweilam met Sunday with senior officials at his Ministry to review projects and studies.
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Egypt to import 360,000 tons of wheat to maintain strategic reserves
Egypt's General Authority For Supply Commodities (GASC) has sealed a deal to import 360,000 tons of wheat.
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Egyptian fertilizer producers report marginal impact after natural gas supply reductions
Seven Egyptian fertilizer manufacturers reported a marginal to moderate impact on operations following the reduction of gas supply by 20%.
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Egypt: Delta Sugar’s net profits exceed $32mln in H1-23
The basic earnings per share (EPS) climbed by 100% year-on-year (YoY) to EGP 6.23 in the first six months (6M) of 2023 from EGP 3.12.
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Egypt: Abu Qir Fertilizers posts higher profits at $473mln in FY22/23
The net profits after tax of Abu Qir Fertilizers amounted to EGP 14.64 billion during fiscal year (FY) 2022/2023, higher by 61.70% year-on-year (YoY).
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Agriculture minister reviews mechanisms to support small farmers
Agriculture Minister al-Sayyed al-Qassir held a meeting with senior officials at his Ministry Monday to discuss mechanisms to support small farmers.
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Egypt strategic reserves of sugar enough until February 2024 – Ministry
The Supply Ministry announced Monday that Egypt’s strategic reserves of sugar are enough until February 2024.
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Egypt's agriculture exports jump 18 percent in 7 months
Egypt's agriculture exports reached more than 5 million tons during the period from 1 January until 26 July 2023, an 18 percent surge over 2022.
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Middle Egypt Flour Mills’ profits surge 11.25% YoY in FY2022/23
Middle Egypt Flour Mills is an EGX-listed company engaged in the manufacture, trade, import, export, packaging, warehousing, and distribution of grain
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Sisi calls for ending rise in grain prices at Russia-Africa summit
He also stressed the importance of taking into account the needs of developing countries, especially in Africa.
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10 Things you need to know about Egypt's fish production
Egypt is recognized as a major player in fish farming, ranking first in Africa and sixth in the world in this field, highlighting its significance.
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Imported Egyptian carrots pulled from sale over contamination fears
The affected batches refer to fresh carrots of Egyptian origin sold by Karlskroona, lot number 78344.
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Egypt’s fish production hits 2mln tons, self-sufficiency at 85%
The report said Egypt ranks first in Africa and sixth globally in fish farming.
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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 in talks with UAE to secure $ 500 mln for its wheat imports: Minister
Egypt is currently in talks with the United Arab Emirates to secure a total of $500 million in funding to import wheat.
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Agriculture Min.: Egypt "8th Largest" Mango Producer in World
Mango cultivation is also flourishing in the Suez Canal region, the northern delta, and Aswan.
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Egypt to strengthen ties with Nigeria in agriculture, education, telecom
Egypt is looking to strengthen ties with Nigeria in agriculture, higher education, and telecommunications, Ambassador Ihab Awad said.
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Egypt turns to China, Italy to set up third domestic fertilizer complex
China’s Wuhan Engineering Co. and Italy’s Ballestra will help Egypt set up a new domestic fertilizer Complex, the third of the North African country.