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Food & Beverage News in Egypt

UN's FAO Says World Food Prices Fall in April
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
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...
Egypt Wheat Enough to Cover it’s Needs for Six Months
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
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
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
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
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
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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