Egypt isn’t planning to hedge wheat imports in ’24-25
Egypt is not planning to carry out a hedging policy against wheat imports in the new financial year 2024-2025,…
Browsing Tag
Ali Moselhy
Egypt’s strategic vegoils reserves sufficient for 6.7 months – minister
Egypt's strategic reserves of vegetable oils are sufficient for 6.7 months of local consumption,said supply…
Egypt expects UAE Al Dahra wheat purchases in January
Egypt's wheat purchases from Al Dahra deal are expected to take place starting January, said the Minister of Supply…
No credit line has been opened with India – minister
Egypt's Minister of Supply and Internal Trade, Ali Moselhy, stated on Monday that no credit line had been opened…
Egypt’s strategic wheat reserves sufficient for 5 months – minister
Egypt’s strategic reserves of wheat are sufficient for five months, the Minster of Supply Ali Moselhy said on…
Egypt studies dollar alternative possibility for trading commodities
Egypt is putting approving the currencies of its commodity trade partners, including China, India and Russia, into…
Egypt withdraws from UN grain treaty due to lack of benefits
Egypt announced on Saturday its withdrawal from the United Nations Grains Trade Convention (GTC) since it had not…
Egypt to halt wheat tenders by 15 April – minister
Egypt will halt wheat tenders by the beginning of local wheat season in 15th of April, said the Minister of Supply…
Egypt contracts to import 25K tons of frozen Brazilian poultry
Egypt’s Minister of Supply, Ali Moslehy, has confirmed the completion Brazilan contract of importing 25,000 tons of…
Egypt’s GASC buys 60K tons of Ukrainian corn
Egypt's state grain buyer, General Authority for Supply Commodities (GASC) has secured 60,000 tons of Ukrainian…
Egypt raises local wheat procurement price by 44% – PM
Egypt has raised its wheat procurement price by 44 percent at 1,250 Egyptian pounds ($42.23) per ardeb (150…
Egypt to pay local farmers EGP1,100 for sugarcane ton – ministry
Egypt’s Ministry of Supply has announced that it will raise the price of sugarcane purchased from local farmers to…
Egypt has strategic wheat reserves sufficient to 6 months – minister
Egypt’s strategic reserves of wheat, sugar, corn, oil and rice are sufficient for four to six months, said the…
Egypt holds Food Africa exhibition’s 7th session in Cairo
Egypt hosted the Food Africa international exhibition’s seventh session on Monday for the agro-food industry in…
Egypt has strategic wheat reserves sufficient for 5 months – minister
Egypt has sufficient strategic reserves of commodities including wheat, to cover the country's needs for five…
Egypt mulls building vegetable oils hub in Suez Canal with Malaysia
Egypt is planning to establish a complex for vegetable oils in the Suez Canal area in cooperation with Malaysia to…
Egypt near to achieve self-sufficiency in rice – minister
Egypt will achieve self-sufficiency in rice production soon and has enough wheat reserves to cover 6.3 months of…
Egypt buys 4.2m tons of local wheat – minister
Egypt’s Minister of Supply and Internal Trade Ali Moselhy said on Wednesday that the country has purchased 4.2…
Egypt’s India wheat deal agreed but not signed yet – minister
Egypt’s supply minister said on Tuesday a deal with India to directly purchase 500,000 tonnes of wheat outside the…
Egypt to begin trial operation of its commodities exchange in late April – minister
Egypt is expected to start trial operation of its long-anticipated commodities exchange – known as Egycomex within…
Egypt establishes 1st commodities exchange with 91mn pounds capital – minister
Egypt has established its first commodities exchange company with a total capital of 91 million Egyptian pounds…
Egypt to announce its commodities exchange before August-end: minister
Egypt to launch commodities exchange before the end of August, announced its Minister of Supply Ali Moselhy on…
Egypt considers setting up large-scale stores for strategic commodities
Egypt is considering establishing large-scale stores for strategic reserves of basic commodities, including wheat,…
Egypt has strategic wheat reserves for 7-8 months: minister
Egypt, the world’s largest wheat importer, has enough strategic reserves of the grain for 7 or 8 months, the supply…
Egypt cabinet approves launch of commodities exchange
Egypt’s cabinet approved on Tuesday a plan by the ministry of supply to start the Egyptian commodities exchange…
Egypt signs $14 mln OFID deal to build two wheat silos in Port Said
Egypt has signed a $14 million agreement with the OPEC Fund for International Development (OFID) to build two wheat…
Egypt signs MoU to establish two logistics zones in Red Sea – minister
Egypt has signed a memorandum of understanding (MoU) to establish two new logistics zones, Supply Minister Ali…
Egypt planning new company ahead of commodities bourse launch
Egypt plans to launch a new company designed to implement plans to set up the country’s first commodities trading…
Egypt to sign protocol with Rungis to develop wholesale markets
Egypt's Supply Minister Ali Moselhy said on Friday a cooperation protocol will be signed on Monday with France's…
Egypt’s Delta Sugar says 114,351 feddans of sugar beet cultivated in 2018
Egypt's Delta Sugar Company on Monday announced that about 114,351 feddans were allocated to the cultivation of…
Egypt’s strategic wheat reserves sufficient for 4.3 months: minister
Egypt’s strategic wheat reserves are enough to cover the country’s needs for 4.3 months, the supply minister was…
Egypt’s local wheat harvest ends with sharply lower figure: minister
Egypt announced the end of its wheat harvest on Wednesday with a total of 3.15 million tonnes of the grain procured…
Saudi’s Savola says investments in Egypt reach 28 bln pounds
Savola Group, Saudi Arabia’s largest food products company, says its investments in Egypt currently amount to…
Romanian wheat cargo to Egypt sieved, grain trade sceptical
Egypt announced Monday that it had finished sieving a Romanian wheat cargo halted for containing poppy seeds,…
State-run Food Industries Holding seen Cairo bourse listing after restructuring
Egypt is restructuring its state commodity buyer, Food Industries Holding Company (FIHC), before studying the…
Egypt procures 3.75 million tonnes of wheat for this harvest season: minister
Egypt has procured 3.75 million tonnes of wheat from local farmers during its local harvest season in mid-April,…
Wheat harvest in Egypt closed just short of target at 3.4 mln tonnes
Egypt announced on Tuesday the close of its local wheat harvest, having purchased 3.4 million tonnes of wheat from…
Egypt procures 3 million tonnes of wheat since start of harvest
Egypt, the world’s largest importer of wheat, has procured 3 million tonnes of wheat from local farmers since the…
Egypt buys 1.7 million tonnes of local wheat since start of harvest
Egypt has procured just over 1.7 million tonnes of wheat from farmers since the start of its local harvest season…
Egypt supply minister: bread quota cut to combat misuse by bakers
Egyptian Supply Minister Ali Moselhy said Tuesday that the ministry has reduced the bread subsidy quota for…