Egypt
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Upper Egypt Flour Mills 9-month standalone profit rises by 11.38%
EGYPT – Upper Egypt Flour Mills (UEFM), an Egypt-based public shareholding company engaged in food processing has reported an 11.38% year-on-year (YoY) increase in its…
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USDA projects 62% dip in Egypt’s soybean imports for MY 2022/23 in the aftermath of the Russia-Ukraine war
EGYPT – Egypt’s oilseed imports in MY2022/23 would drop by 62% following the repercussions of the war between Russia and Ukraine according to a report…
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Egypt sets aside US$ 1.5B for local wheat purchases in a bid to expand production
EGYPT – The Egyptian Ministry of Finance allocated 45 billion EGP (US$ 1.5B) to purchase local wheat from farmers this year, a step forward in…
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Egypt approves new incentives for wheat as China sets new record as the world’s largest wheat importer
EGYPT – The Egyptian Cabinet has approved new incentives for Egypt’s farmers to increase the available wheat in a bid to support local production and…
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Egypt’s wheat production to remain unchanged at 9.8 MMT as corn and rice surge in MY 2023/24 – USDA
EGYPT – Egypt’s wheat production for MY 2023/2024 is expected to remain unchanged at 9.8 million metric tons (MMT) from the 2022/2023 estimate, according to…