Food News
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Egypt’s strategic wheat reserves at 5.9 months
Egypt has strategic reserves of wheat sufficient for 5.9 months.
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Bühler commissions first tahini halva processing line at silo foods industries in North Africa
The tahini halva line is part of the second stage at Silo Foods Industries, which was officially opened by Egyptian President.
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Egypt secures $66 mln from EU, AFD to expand wheat storage
The European Union and French Development Agency (AFD) are set to provide Egypt with a €60 million ($66 million) credit facility to build more silos.
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Egypt to import 170,000 cattle, sheep for Eid Al-Adha amid soaring meat prices
Al-Qusair added that the Egyptian government is working to release fodder for cattle and poultry in ports to lower their prices in the market.
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Egypt's agriculture exports rise 17.2 percent in 5 months
Egypt's agriculture exports increased to 3.4 million tons during the period from January until 17 May, a 17.2% increase over the same period in 2022.
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Positive expectations for food industries in 2023
In spite of the unfavorable conditions, food companies have succeeded in recording significant growth rates over the past year.
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CAPMAS: 17.1% Increase in Amount of Bird & Poultry Meat
The total number of livestock and animal (cow - buffalo -Sheep - goat - camel) reached 7.5million2021versus7.0 million in 2020, an increase of by 7.3%
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Corn import bill increases to $1.5bn monthly: Poultry Association
The poultry industry in Egypt consumes 500,000 tonnes of corn per month, approximately 6 million tonnes per year.
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Egypt: Mopco posts $127.2mln standalone net profit in Q1-23
Last year, the standalone net profits after tax of Mopco enlarged by 148%.
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Egypt Receives 40,000 Tons of Russian Wheat
This year, the port of Damietta in Egypt received the SABAEK ship, loaded with the largest shipment of its kind of Russian wheat since 1986.
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Egypt Receives Shipments of Sudanese Stranded Cattle through Qastal Crossing
The sources added that the suspended quantities in Sudan will be received successively, on a daily basis, until the end of all the quantities in Sudan
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Egypt establishes huge warehouses for wheat crops
Before the launch of the national silos project, the state incurred losses of about LE10 billion annually due to the quantitative and qualitative loss
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Egypt supplied 93% of the oranges that the EU imported in the first quarter of the year
South Africa has been the main supplier of oranges in the campaign with 46.5% of the total.
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Egypt’s Sovereign Fund received offers for Safi as part of IPO program, says sources
One of the potential offers may be coming from UAE’s food and beverage company, Agthia.
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EGP 7.7bn pumped into national veal project: Ministry of Agriculture
This amount was pumped for about 42,330 beneficiaries, for the breeding and fattening of more than 486,000 heads of livestock.
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Kebbi Nigeria to partner Egypt in agriculture, livestock production
He said that his administration believed in partnership and cooperation as essential ingredients for development of the state.
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Egypt’s food prices likely to elevate amid Sudan crisis: Report
Egypt is seeking other suppliers of cattle and other products, including Somalia and Chad, to compensate for the supply deficit, the report read.
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6th Cairo Water Week aims to integrate water issues into climate action
The water week is scheduled to be held on October 29 and will run until November 2.
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Egypt has indicated interest in Ogun’s Agro Processing Zone
He added that representatives of the Egyptian government would visit Ogun soon to finalise details of the investment.
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1.9 million tons of wheat supplied by local farmers so far
Egypt bought 4.2 million tons of local wheat from farmers during the last season. The supply of wheat will continue until the end of September.