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Egypt
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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…
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Egypt adopts plan to increase edible oil production as imports hit 97%
EGYPT – Egypt plans to reduce import volumes of plant-based oils which stand at 97% by increasing production in a bid to meet the local…
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Bake Land Egypt to move bakery operations into US$23M manufacturing facility
EGYPT – It’s a new dawn for Bake Land Egypt, a major player in bakery and confectionery in Egypt, as it commissions the construction of…