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Food & Beverage News

Egypt's Citadel to Grow Staple Crops in South Sudan
Egypt >> 3/21/2012 - A unit of Egyptian private equity firm Citadel Capital plans to cultivate up to 40,000 acres of farmland in South Sudan to sell staple foods such as maize in the newly-independent nation, an executive...
Food Inflation in Egypt Back on Agenda as Prices Rise
Egypt >> 4/5/2012 - Global food prices rose in March for a third successive month, driven by gains in grains and vegetable oils, the United Nations' Food and Agriculture Organisation said, putting food inflation firmly b...
Singapore Investments Hit $10m in Food Industry in Egypt
Egypt >> 4/22/2012 - Head of the General Authority for Investment and Free Zones (GAFI) Osama Saleh said that Singapore will establish foodstuff projects in Egypt with initial investments amounting to $10 million. This ca...
UN's FAO Says World Food Prices Fall in April
Egypt >> 5/3/2012 - World food prices eased in April after three months of gains, driven down by falls in grains and sugar, and can remain under a downward pressure in the coming months, the United Nations' Food and Agri...
Egypt's Commodities Buyer Sees Bigger Food Bill
Egypt >> 5/8/2012 - Egypt, the world's biggest wheat importer, will hike its food purchasing bill for the fiscal year that starts in July from a year earlier to cope with rising global prices as its economy reels from mo...
British Beef Ban Lifted in the UAE
United Arab Emirates >> 5/22/2012 - The Ministry of Environment and Water has lifted the ban on the import of British beef and British beef products into the UAE with immediate effect. This is positive news for consumers in the UAE who ...
Arab-FAO Cooperation on Food Security Discussed
United Arab Emirates >> 6/1/2012 - Cooperation between the United Nations Food and Agriculture Organization (FAO) and Arab countries on achieving food security was discussed at meeting by ambassador of the UAE to Italy and permanent re...
Egypt Wheat Enough to Cover it’s Needs for Six Months
Egypt >> 6/25/2012 - Cairo - Egypt’s strategic wheat stockpiles total 5 million metric tons, enough to cover the country’s needs for six months, the state-run Middle East News Agency reported, citing Supply Minister Gouda...
Egypt Buys More Local Wheat, has Six Months' Stock
Egypt >> 7/9/2012 - Egypt's state wheat buyer said it had surpassed its local procurement target by 700,000 tonnes and had a strategic supply of local and imported wheat to last until January. "Our target was 3 million t...
LE 11 bn Allocated for Buying Local Wheat
Egypt >> 3/25/2013 - The government allocated on 24/3/2013 LE11 billion to buy wheat from local farmers this year as reported at a cabinet meeting on 24/3/2013. The meeting, presided by Prime Minister Hisham Qandil, discu...
Cultivating 1.3 million Feddans of Rice to Achieve Self-Sufficiency
Egypt >> 8/31/2013 - Minister of Agriculture Ayman Abu Hadid said that 1.3 million feddans will be cultivated with rice next year to achieve self-sufficiency of rice.

This came during the minister's meeting wit...
Agriculture Ministry Launches "Securing Wheat for Egypt" Initiative
Egypt >> 11/2/2013 - The Ministry of Agriculture launched a development initiative dubbed "securing wheat for Egypt" in partnership with Kraft Foods Group, Mondelez International and CARE Egypt.

The initiative ...
Egypt to Buy 240,000 tons of Wheat from Russia, US
Egypt >> 1/29/2014 - The General Authority for Supply Commodities has signed a contract to buy 240,000 tons of wheat from Russia and the United States.

The amounts would be imported as of March 10 at an average...

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