Egypt
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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…
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Egypt, EU signs US$40M grant deal to boost wheat production
EGYPT – The European Union (EU) has signed a grant agreement of €40 million (US$43.5M) in partnership with the Italian Agency for Development Cooperation (AICS)…
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Egypt inaugurates a US$800M Nitrogen Fertilizer Complex in Ain Al-Sokhna
EGYPT – President Abdel Fattah El-Sisi has inaugurated a US$800million Nitrogen Fertilizer Complex in the industrial zone of Ain Sokhna, owned by El Nasr Company for Intermediate Chemicals.…