Food News
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Alexandria Flour Mills’ profits hike 26.9% YoY in 9 months
Net profit after tax grew to EGP 31.017 million in the nine-month period ended March 31st from EGP 24.434 million in the same period of FY 21/22.
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Export Summary-Egypt buys veg oils; U.S. soybeans sold to "unknown"
Egyptian state grains buyer GASC said on Thursday it had bought 34,000 tonnes of vegetable oils in an international tender.
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Egypt leads in fresh strawberry exports to Malaysia
In the whole MY 2021/22, Egypt exported above 740 tons of fresh strawberries to Malaysia, almost two and a half times as high as five years ago.
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Egypt procures more than 1.6 mln tonnes of wheat so far this season
Egypt has procured more than 1.6 million tonnes of local wheat so far this season, an agriculture ministry official told Reuters on Wednesday.
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Egypt: Domty discloses dividends payment date for 2022
The cash dividends will be paid on May 14th, with the eligibility in distribution to shareholders until May 9th’s trading session.
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Egypt’s authorities release 237K tons of corn, soybeans worth $107M stuck at ports
Al- Quseir, confirmed that the release of fodder supplies is continuing in coordination with the Central Bank.
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Egyptian Irrigation Minister, Australian ambassador discuss joint cooperation
During the meeting, the two officials discussed issues of climate change and its negative effects on various countries of the world.
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President El-Sisi Follows-up on Egypt's Future Project for Agricultural Production
President Abdel Fattah El-Sisi held a meeting to follow-up on developments of the Egypt's Future project for agricultural production.
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Cheap Russian wheat dominates Egypt’s 655,000 T purchase -traders
Some traders told Reuters that they were cleared to offer prices as low as $260 per tonne.
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Egypt: South Cairo and Giza Mills switches to profitability in 9 months
They are engaged in the processing, trading, importing and exporting, packaging, warehousing, and distributing of grains.
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Gov't Denies Intention to Raise Subsidized Bread Price Next Month
The gov stressed continuation of disbursing the subsidized loaf of bread to citizens on ration cards with only 5 piastres without any increase.
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Morocco Remains Largest Importer of Wheat from EU
In third place is Nigeria with 2.2 million tonnes of wheat, and Egypt with 1.6 million tonnes.
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EU wheat hits new 19-month lows after CBOT fall, low Egypt offer
Pressured by low offers at Egypt's import tender with uncertainty prevailing on what to expect from a meeting to discuss the Black Sea grain export.
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Egypt Releases 211,000 Tons of Fodder worth $99 Million
During the period from April 19 to April 27, 211,000 tons of corn and soybeans were released, at a value of about $99 million.
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UK Shigella outbreak linked to spring onions from Egypt
A Shigella outbreak in England in 2021 has been linked to spring onions imported from Egypt.
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Egypt’s Spring Flowers Exhibition kicks off on May 13
A cultural and economic event which many Egyptians flock to see, especially those interested in flowers, ornamental plants and landscaping.
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Egypt Could Import Livestock from Chad, Somalia to Make up for Shortage from Sudan
Egypt is looking for other alternatives in the event of a shortage in importing Sudanese meat.
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Agriculture min. takes part in AAAID meeting in Rabat
El Qusair also took part in the opening session of Arab financial institutions and funds.
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Supply Min. Studies Raising Prices of 4 Commodities within Subsidy System
Sugar in the subsidy system amounts to 10.5 pounds, while the kilo reached 20 pounds in the local market.
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Egypt Plans to Raise Ration Card Commodity Prices
The hike of subsidized commodities prices of ration cards dictate a review of the prices or the government will not be able to offer these commodities