Food News
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Egypt’s Haggan Group seeks to export ten date containers
The Egyptian company has Brazil among its main export targets for 2023, according to an interview businessman Khaled El-Haggan gave to ANBA.
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Egypt rolls out early Ramadan discounts as inflation soars
Egypt's supply ministry said the scheme, which offers basic commodities at cheaper prices than in the shops, would last from January until end April.
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Irrigation min. lauds constructive cooperation with Germany
Irrigation Minister Hany Suweilam has stressed constructive cooperation between Egypt and Germany over the past years.
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Agriculture min. discusses coop. with FAO Director
The ministry will work with the FAO on providing technical support and experts to raise agricultural awareness and apply modern systems.
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South Cairo and Giza Mills swings to profitability in 6 months
The company’s sales grew to EGP 106.85 million in the July-December period of last year from EGP 72.75 million the year before.
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Obour Land posts 31.85% YoY growth in 2022 consolidated profit
At the level of the standalone financial statement, the company recorded a standalone net profit after tax of EGP 462.69 million in 2022.
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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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Egypt receives 63,000 tons of Russian wheat at Safaga port
Safaga Port received on Saturday 63,000 tons of Russian wheat aboard the dry cargo ship PAREA, according to the Red Sea Port Authority.
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PepsiCo Egypt celebrates third potato harvest season in Beni Suef
As part of “She Feeds the World” program, PepsiCo Egypt & CARE International in Egypt celebrated the third potato harvest season.
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Egypt holds first Tourism and Tasting Festival in February
The Cairo Tower announced that it will host the Tourism and Tasting Festival, under the auspices of the Ministry of Tourism.
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Once Spain, Morocco come into full production, Egypt's pushed out of the European market
Egyptian strawberries do not benefit from the issues in Northern European strawberry cultivation.
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Egypt's food industry exports increase to $4.1 billion
In December 2022, exports amounted to about $291 million, compared to $304 million, year-on-year, a decrease of 4%.
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Egypt maintains strong position in citrus
Growers in Egypt anticipate a rewarding citrus season, with prices expected to remain good despite rising volumes.
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Egyptian investments in machinery grew by 25% in 2022
The types of machinery most in demand right now, especially in Egypt, are optical sorters and X-ray machines.
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Egypt to import more wheat from Germany
The contracts include the approval of “Egypt’s conditions” regarding the requirements for “moisture contents,” the statement added.
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Eggs, poultry prices expected to drop after release of large amounts of fodders from ports
These released amount equaled 2.1 million tons of fodders, including 1.5 million tons of corn and 623 tons of soybeans, El-Quseir noted.
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Russia supplies Egypt with a huge amount of wheat
The Egyptian port of Damietta received the ship OXANA V coming from Russia with 42,000 tons of wheat on board for the Supply Commodities Authority.
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Founder of Egypt’s Juhayna Food Industries and his son released from prison
Juhayna, a listed company, is the country's largest dairy products and juices producer.
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Egypt took many strides to achieve food security over past 8 years
The minister made the remarks during his participation in the international forum for food and agriculture, currently in session in Berlin.
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Russia studies providing Egypt with wheat in exchange for rubles
Speaking on trade supplies, the Russian Deputy Prime Minister noted that Russia has not yet switched to payments in national currencies systematically