Food News
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IFE signs 2 agreements to support EVs industry localization, food industry in Egypt
The deal signed with Ghabbour Foundation aims to localize the electric vehicles (EV) industry in Egypt and create up to 500 job opportunities
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France second largest country exporting wheat to Egypt
Egyptians consume almost 100 billion loaves of bread annually, made with around 18 million tons of wheat, according to government officials.
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Egypt's 1Q Corn Imports Fell 54%
Corn imports in the first quarter of 2022-23 is the lowest since the 2008-09 marketing year, it said.
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Egypt's central bank releases terms of EGP 150 bln loan to agricultural, industrial sectors
The initiative supports large and medium-sized enterprises as well as the large, medium, and small-sized businesses operating under their umbrella.
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Egypt’s grain imports from Russia reach $334.3 mln in November 2022
Egypt’s imports of Russian grain topped the list of Egypt’s imports from Russia during November 2022, it added.
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UAE food group Agthia considers Egypt as export hub
The company aims to unlock the potential there to see how they can build Egypt as an export hub as well.
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Russian embassy: Moscow expects exporting 8 million tons of wheat to Egypt
The Russian embassy in Cairo stated that its exported wheat to Egypt may reach 8 million tons in the agricultural year 2022-2023.
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President El-Sisi Follows-up on Status of Qaha and Edfina Complex
The President gave directives to continue ongoing efforts to deepen industrialization and food production in Egypt.
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Dates worth $205 million exported in ten months
Egypt is the world’s biggest producer and Saudi Arabia is Iran’s major rival in the global date market.
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Agriculture spokesman: New projects add 2.9 million acres to farmland Soon
He revealed that 350,000 feddans have been cultivated, and it has a new yield and a new addition to the agricultural area.
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Africa faces development challenges due to European conflict
Al-Mashat said that Egypt has been keen to launch a national food and nutrition strategy to achieve security in this regard.
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Supply Ministry: 455 fairs to sell food products at 30% off in ramadan
Such exhibitions have witnessed a high turnout by citizens as they offer affordable prices of wheat, sugar, poultry and meat.
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President El-Sisi reviews national agricultural production and land reclamation project in new Delta
President El-Sisi was briefed on efforts to develop the necessary infrastructure and provide machinery and equipment for modern irrigation methods.
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Citizens can only buy a maximum of 2 frozen chicken in Fayoum
All basic commodities are available at the outlets, including oil, sugar and rice, in addition to 32 types of subsidized commodities.
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Egypt aims to produce 70% of wheat locally by 2030
Egypt succeeded in increasing the land cultivated with wheat to 3,650,000 feddans in 2023, with an annual increase of 250,000 feddans.
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Egypt removes pricing caps for rice
The price was at set at EGP 12 per kg, and EGp 18 per kg for premium kinds in a three-month fixed price scheme for rice.
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Food Security 'top priority' for Egypt's vision
Al-Mashat elaborated that the country began in 2014 to significantly expand food security efforts, build silos, and expand the agricultural area.
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Delta Sugar’s profits hike to $27.77mln in 2022
Revenues increased by 16% to EGP billion 3.76 last year from EGP 3.24 billion in 2021, according to the income statements.
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Egyptian garlic volumes are down by 30% this season
Last year, garlic production in Egypt reached a volume of 22,000 tons, making Egypt the first Arab producer of garlic.
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Strategic wheat reserve sufficient for 4.6 months: Supply min
Rice reserves are enough for the Egyptian market consumption, noting that rice mills are being reviewed in order to control prices at markets.