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Global wheat prices expected to soar

By Basma Tharwat The drought that recently hit the United States and Russia, the largest wheat exporters in the world, triggered fears of a global price rise of the strategic commodity. One of the world’s largest wheat importers, Egypt is expected to suffer greatly as a result. Noamany Nasr Noamany, Vice President of the General …

Daily News Egypt

Exports on a downward trajectory

  Egyptian exports continued a decline that started at the beginning of the current year, recording only EGP 78.8 billion in the first half of 2012, compared to EGP 79.45 billion in the first half of 2011. Exports fell 17 percent in July, coming in at EGP 9.385 billion, compared to EGP 11.293 billion in …

Daily News Egypt

Fresh strategy for developing food and agricultural industries

By NihalMounir Mahmoud Eissa, Minister of Industry and Foreign Trade, said that a comprehensive strategy to develop food and agricultural industries is currently being finalised. The strategy is in a similar vein to a group of Ministry of Industry and Foreign Trade strategies to develop the Egyptian engineering and textiles sectors, which included mechanisms for …

Daily News Egypt

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