Latest in Tag: Agriculture Highlight
Latest in Tag: Agriculture

Nivex Farms for Agriculture Investment & Exporting achieved sales of $180m last season
Completing procedures to export grapes to China raises exports by at least 40,000 tonnes, says Yacoub

Official unemployment rate drops to 12% in Q1 2017
5.302 million people work in agriculture and fishing, equivalent to 20.7% of employed workforce, according to CAPMAS

Almamlka Foods negotiates with agriculture ministry to buy soybean and maize crops from 2,000 feddans
Company to establish oil extraction plant with Algerian and Moroccan companies for EGP 250m, says Arafa
Catalyst Private Equity closes its 2nd SPV Mozar’ II with 35% IRR
Catalyst Partners’ Private Equity arm “Catalyst Private Equity” announced the successful closing of its 2nd special purpose vehicle (SPV), Mozar’ II, with an internal rate of return (IRR) of 35%, following the success of its first agricultural investment vehicle, Mozar’, with an IRR of 32%. Catalyst Private Equity launched its innovative series of mezzanine-structured financing …

81.5% of total water resources in Egypt consumed in agriculture: CAPMAS
The agriculture sector remains the largest consumer of water in Egypt, as it acquired 62.15 billion cubic metres in 2015/2016. The sector accounts for 81.5% of the total use, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). In the second ranking comes the drinking and health usage sector, which consumed 10.4 billion …

Nasr heads Egyptian-Kazakh ministerial committee, signs cooperation protocol
Kazakhstan to support Egypt in negotiations to establish a free trade zone between Egypt and EAEU, establish joint projects

3.9 % decrease of irrigation water used in agriculture in 2015
The amount of irrigation water used for agriculture reached 36.75bn cubic metres in 2015, compared to 38.26bn cubic metres in 2014, a decrease of 3.9%. The Central Agency for Public Mobilization and Statistics (CAPMAS) issued its annual bulletin on Irrigation and Water Resource statistics in 2015 on Tuesday, showing a decreased amount of irrigation water …
Info-graph: Egyptian agriculture exports

Sugar Crops Research Institute expects exports of beet wastes, molasses, and fodder to reach 1.4m tonnes
The Sugar Crops Research Institute expected exports of beet wastes, molasses, and fodder to reach 1.4m tonnes this year, amid fears of their decline in the coming years. The absence of a fair pricing policy for the crop is threatened by the decline of cultivated areas. Mostafa Abdel-Gawad, the vice chairperson of the institute, said …

CIT cooperates with Egyptian Countryside Company to maximise role of IT in agriculture
The Chamber of Information Technology and Communication (CIT) plans to hold a meeting with the Egyptian Countryside Development Company to discuss a joint cooperation with companies specialised in communication and information technology. This cooperation aims to develop the agricultural system and land reclamation projects, in line with the government’s objective that seeks promoting modern technological tools. According …

Metropolitan Egypt provides EGP 260m in financing to 16 companies over 3 months: CEO
Metropolitan Egypt for consultancy has succeeded in providing financing worth EGP 260m to 16 companies over the past three months. The company collaborated with a number of banks and leasing companies operating in the domestic market, according to the CEO of the company Khaled Nagaty. The 16 companies operate in different economic activities, such as …

CAPMAS releases its annual bulletin on cooperative activity in agriculture sector
The sector saw an increase in short- and medium-term loans owing to “enablers” for farmers to settle their debts, according to the press release

Basic commodities, meat, poultry to be offered through 353 outlets at discounted rates to combat price hikes: Agriculture Minister
An agreement with Irrigation Ministry to cultivate 700,000 feddans with rice scheduled for next year

Russia lifts restrictions on import of Egyptian agricultural products
Annual Egyptian agricultural products exported to Russia amount to $350m, says Minister of Industry and Trade

29th Sahara Expo: the future of sustainable agriculture in Egypt
Boosting Egypt’s agricultural production is essential so as to keep up with the high rate of population growth and higher demand

Egypt has all the potential to overcome its challenges: CEO of BLOM Bank Egypt
We have great potential in tourism, industry, agriculture, energy, and mineral resources, says Ozalp

Flawed industrial policies slow manufacturing sector growth rates
Professor Amirah Haddad’s research presents short-, medium-, and long-term proposals for industrial policy changes

Cabinet curbs water-consuming plants’ cultivation to avert water shortage
Agriculture Ministry says the plan has nothing to do with GERD construction

e-finance begins automating agricultural holdings documents
We are applying the system in two phases, and we began an experimental phase in Ismailia, says Sarhan

UAE’s Al-Nebras Group launches 2020 acre agricultural city in Beni Suef
The project aims to distribute land to investors, giving them 60%, while the remaining 40% will be distributed among the youth

Former agriculture minister receives 10-year prison sentence
Helal, ministerial officials have been accused of accepting EGP 8m in bribes

IFAD grants Egypt $70m for agriculture projects
Minister of International Cooperation Sahar Nasr met a mission group from the International Fund for Agricultural Development (IFAD) headed by Michel Markaz on Wednesday to discuss current and future projects in Egypt. The IFAD mission confirmed that technical assistance will be provided to Egypt in the field of rural finance to overcome obstacles in this sector. …

Egypt, Australia prime for collaboration in mining, education, agriculture: Australian Senior Trade Commissioner
Currently registered at $500m, Morley hopes that the trade volume will return to pre-revolutionary levels in two years, doubling to $1bn

Pico to supply EGP 70m to establish packaging plant and expand agricultural tissue plant: Borsa Board Chairman
EGP 230m in sales last season and we hope to increase this to EGP 260 this season: Diab

The social paradox of Al-Sisi’s 1.5m acres
Both projects have been inflected by a nationalist rhetoric, a rhetorical haunting of that which was once employed by president Gamal Abdel Nasser during the 1950s and 1960s, despite the incomparable historical and socio-political contexts of the two statesmen and governments.

Why Germans are demanding a shift in agriculture
DW looks at why people are taking to the streets in Germany to demand an “Agrarwende” – or agricultural transformation. Issues include health concerns, protection of animals, and pollution impacts on water and climate.

Egypt considers exporting food products to Cyprus
Supply Minister says Egypt can benefit from position of Cyprus to export to the EU

International foundation and UNESCO aid local scientist in enhancing agriculture
An Egyptian Scientist receives Women in Science Award

GALINA targets $60m in exports next year: CEO
25% increase in exports value after dollar price hike against EGP

Ministry of International Cooperation, AfDB sign $650,000 grant agreement
Finance is for first phase of initial feasibility studies needed to establish shipping line connecting Mediterranean Sea and Lake Victoria