Egypt
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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.…
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Egypt to withdraw from UN grain treaty in protest over its inability to control the grain market
EGYPT – Egypt has given notice that it will withdraw from the Multinational Grains Trade Convention (GTC), a UN grain treaty that seeks to enhance world…
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Egyptian snacks giant Edita Food records US$31.3M in net profits for 2022
EGYPT – Edita Food Industries (EFI), Egyptian snacks giant, has more than doubled its net profit for the fiscal year 2022 which ended on December…
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Egypt to produce 12M tonnes of wheat in 2023, targets meeting 70% of local demand by 2030
EGYPT – Egypt targets to produce 12 million tons of wheat this year from about 4 million feddans (about 1.68 million hectares), Reda Mohamed, the…