Food News
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United Grain Company to supply 120,000 tonnes of wheat to Egypt
This is the first tender won by Grainexport SA in 2021 and the first tender in the company’s history won with wheat of non-Russian origin.
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Egypt's GASC seeking wheat for Feb. 1-15 shipment
Tenders should reach GASC by noon (1000 GMT) on Tuesday.
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Project: Food and table ware
Cairo: Supply of (a) carbonated soft drinks & ice sold tea, (b) table ware items (c) frozen vegetables & pre processed potato.
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Egypt extends ban on sugar imports for additional 3 months
Egypt's sugar reserves are estimated at 1.4 million tons of sugar, which is sufficient for consumption for more than six months.
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Egypt's parliament approves suspending tax on agricultural land for two years
The government decided to extend the suspension for two years as an incentive for farmers and farming businesses to boost agricultural production.
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Egypt, ITFC sign $100 million deal to secure staple imports
The amount will be used to purchase 240,000 tons of wheat and 100,000 tons of sugar.
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Egypt: Agricultural solidarity in the balance
Discussion has resurfaced on the Agricultural Solidarity Fund after farmers across Egypt have been shouldering losses owing to bad weather.
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Paris wheat futures rise after Egypt buys from France
Egypt's state grain buyer GASC said it bought 240,000 tonnes of wheat in an international tender, including 180,000 tonnes of French supplies.
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Egypt is food secure
Experts say Egypt has sufficient food reserves to last for many months to come.
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Egypt's agricultural exports hit 5.4 mln tons in 2019
The exports are up by 203,000 tons compared to the same period of 2018.
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Egypt gets lowest offer for soyaoil
GASC received the lowest offer of 12,880 Egyptian pounds for 6,000 tonnes of soyaoil at a tender for local vegetable oils.
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Paris wheat steady as market assesses Egypt purchase
Benchmark December milling wheat on Paris-based Euronext was up 0.25 euros, or 0.1%, at 179.50 euros ($199.39) a tonne at 1710 GMT.
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Egypt's agricultural exports to China up in 8 months
Egyptian exports of grapes to the Chinese market in that period reached 3.3 million dollars compared to 1.2 million dollars.
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Egypt will not import rice in the current financial year
Ali Moselhy told Reuters local rice production was sufficient to last until then and there would be no need for further imports.
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Egypt’s GASC seeks wheat for Sept. 5-15 shipment
In its most recent international wheat tender on July 23, GASC bought 300,000 tonnes of Romanian, Ukrainian and Russian wheat.
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Al Ghurair Group to expand its agricultural reclamation projects in Egypt
Al Ghurair said the company is planning to invest in the silos project in Damietta Harbor along with the development of the river Nile transport.
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Investec acquires Spinneys Egypt
The launch of a home delivery service and the ongoing investment into a loyalty programme are also key initiatives.
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Egypt’s GASC pays $15/mt less on year as it books first new crop
Egypt's state buyer GASC booked 120,000 mt of wheat volumes from Black Sea origin for July delivery, paying $14.98/mt less for the first batch.
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Egypt- Four women challenge male-dominated food market in Ramadan
There's no better chance to gather with friends and relatives than for Iftar or Suhoor (the meal before fasting) to enjoy the spirit of the month.
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Project: Supply of corn and soybean
Giza: Supply of (a) 700 tons corn, (maize) also (b) 450 tons soybean meal.