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Minster of Supply celebrates opening of EGP 60m-developed grains’ silo and port jetty in Alexandria
Reduction of imported wheat reaches 4.6m tonnes compared to 6.4m tonnes last year, says supply minister
Local and imported wheat stock necessary to ensure supplies of subsidised bread are enough until 22 October, says Hanafy
Russia sees Egypt as export destination after issues with EU following Crimea crisis, Egypt sees Russia as natural gas source
Expected amount includes 180,000 tonnes of Russian wheat, 60,000 Romanian and 60,000 tonnes of French wheat at approximately $221 per tonne
EGP 10bn allocated for paying local suppliers
Agreement will change Egypt to an international logistics centre that collects, stores and trades grains, says report
Two MoUs expected shortly between Union and the Sudanese Free Zones & Markets
The delivery of purchased quantity will be supplied mid- to late-April
The global price of wheat increased to $25 per tonne since Russia announced imposing restrictions on exports of wheat, according to previous statements by the Egyptian Minister of Supply.
Since announcement of project, Egypt has received offers from several countries seeking to invest in project
Wheat and grains logistics centre will protect Egypt from wheat market fluctuations, says supply minister
By Mohamed Abdel Monsef Egypt’s wheat imports were not affected by the US and EU economic restriction on Russia’s grain exports, according to Abdel-Salam Gomaa, President of the Agricultural Professions Syndicate. In statements to Daily News Egypt, he said the global production of wheat this year amounts to 775m tonnes. He added that the amount …
GASC recently contracted to purchase 300,000 tons of wheat from France and Russia for subsidised bread
Finance to be given to enhance efficiency of the electricity distribution network to renewable energy power plants
Mousa said that estimated losses associated with non-human consumption are 670,000 tonnes, of which 500,000 tonnes represent losses in cow and buffalo feeding. This is in addition to 130,000 tonnes for sheep and goats, 28,000 tonnes for camels, and 12,000 tonnes for birds.
Egypt will receive 235,000 tonnes of wheat from France and Ukraine in December
Global logistics centre to start in December, commercial and shopping area project to start soon
Egypt aims to increase wheat cultivation and reduce imports
Vladimir Putin says Russia will supply Egypt with 5m tons of wheat throughout the year
Wheat represented the largest single subsidy expenditure after fuel price support, which was unexpectedly cut at the start of July, increasing the prices of car fuel and natural gas by more than 70% and driving up food prices by 20% according to economists.
Price of local ton of wheat is around EGP 800 higher that imported wheat, supply minister says
The project targets addressing problems in the strategic wheat sector.
The minister estimated that savings to be achieved from the new bread subsidy system in the canal governorates will amount to 30% of the total subsidies provided.
The wheat supplies will be imported starting on 20 June over a period of 10 days.
Price increase would aim to encourage local farms selling more wheat to the state in order to make Egypt, the world’s largest wheat importer, less relient on imports
Prime minister’s visit to African countries results in agreements on gas and wheat imports, and investment contracts for the Arab Contractors Company and Egypt Air
Reuters – Egypt estimates its local wheat crop at 9 million tonnes, according to a state newspaper that cited a government report, lower than the 9.5 million tonnes the Agriculture Minister had predicted. Traders surveyed in a Reuters poll estimated this year’s crop at around 7 million tonnes, in line with the previous harvest. The …
Minister of Supply says current wheat supply is sufficient until mid-June
Russian and Egyptian governments to start negotiations on the establishment of a free trade zone between Egypt and the countries of the Customs Union