Latest in Tag: food Highlight
Latest in Tag: food

We target 15% annual growth until 2020: head of Food Export Council
Flotation raised value of December exports by 11%, despite decline in quantity by 25%

Food commodity price hikes push inflation to its highest since 2005: CBE
Recent CBE reports explain inflation hitting 25% at end of December 2016

In Cartoon: The safety net for subsidies is being cut away at by the government

Deficit in trade balance down by 3.1% in August: CAPMAS
During August, the deficit in the trade balance recorded EGP 37.8bn, compared to EGP 38.9bn in August 2015, a decrease of 3.1%, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) monthly bulletin on foreign trade statistics. In a statement issued on Monday, CAPMAS noted that the deceleration happened because the value of …

ICA seizes 2,436 tonnes of expired food products: Industry and Trade Ministry
The ICA previously seized 100 tonnes of beans from an agricultural crops factory in Borg El-Arab fourth industrial zone

Edita plans to expand in Gulf markets supported by new brands
Despite the sugar shortage, the company managed to secure enough sugar required to operate its factories

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

Paradigm Invest concludes 3 deals in food, healthcare sectors for the benefit of Arab investors
Deals include acquisition of food and beverages company worth more than EGP 1bn

Inflation rate likely to rise next year: experts
Egypt’s core inflation rate climbed to its highest level in seven years in June, underscoring the challenges confronting the government as it grapples with a foreign-currency crunch. Annual core inflation, which excludes volatile items such as food, reached 12.3% in June, up from 12.23% in May and the highest since February 2009, according to the …

Denmark leads Europe in tackling food waste
More than one-third of all food is spoiled or squandered. Led by an activist with a passion for food, Denmark has been working intensively on solutions. Eliminating “UFOs” is just one thing regular people can do to help.

Mumm and A15 join forces to provide home-made food online
Mumm is a digital platform through which customers can order home-cooked meals delivered to their doorstep

Supply Ministry receives 350,000 tonnes of wheat from local suppliers
Armed Forces Engineering Authority built 17 silos this year with UAE economic assistance

CBE grants banks $104.5m to cover multinational companies’ demands to import medicine, food
Foreign exchange reserves register sixth consecutive monthly increase in March

ECA is reviewing 20 cases of monopolistic practices in sectors of food, basic infrastructure, and internet
Import controls offer favourable climate for monopolistic practices and decisions must be temporary

CI Capital prepares IPOs at EGX in construction, food, and hotel sectors in 2016
Government should activate one-stop shop quickly to attract more local and foreign investments, says Chief Executive

New reductions in food commodity prices: supply ministry
Ministry continues to offer uncooked family meals for EGP 20-30

Fighting cancer with food and drink
According to scientific research, a healthy diet can reduce one’s chances of developing tumours

‘Ugly fruit’ project tackling food waste wins EU grant to expand across Portugal
Less-than-picture-perfect fruit has been given a boost: Included in recent EU environmental grants is a third of a million euros for a Portuguese initiative to combat food waste. The project plans to roll out nationally. The Flaw4Life initiative is one of 96 environment projects across the EU to receive grants totaling a combined 160.6 million …

Mouled Al-Akeel: Celebrating Egypt’s passion for food
The new “food-lover’s festival” aims to promote food tourism by gathering a wide variety of restaurants in once place

Genetically modified salmon approved in US
A type of salmon genetically engineered to grow faster has been deemed fit for consumption in the US, making it the first scientifically altered animal of its kind to be bound for Americans’ dinner plates. Regulators at the Food and Drug Administration gave the go-ahead on Thursday to a breed of transgenic salmon, saying it …

EU report declares glyphosate herbicides safe despite UN results
The EU has found that glyphosate, the main ingredient in some herbicides and many other products across the world, is not likely to cause cancer in humans. Experts recommend raising the safe limit of exposure. The European Food Safety Authority (EFSA) said glyphosate, a key ingredient in the Monsanto-made herbicide Roundup, is unlikely to cause …

7 FIHC subsidiaries record EGP 15bn revenues in FY 2014/2015
FIHC aims to launch stock market issuances to increase capital

World food prices plunge to new low
World food commodity prices in August logged their largest monthly drop since December 2008, the United Nations food agency said on Thursday – unwelcome news for Europe’s struggling farmers

Russia’s week: no food, cheap alchohol and ‘bling-bling’ watches
As the price of staples rises in Russia, the government has started destroying tons of imported food which critics say should be given to those in need. Fiona Clark in Moscow looks on in dismay. Earlier this week Russia started destroying the 552 tons of illegally imported food products smuggled into the country in the …

Ministry of Health closes TBS for failure to meet food safety standards
No one imagined that a gathering with the family around a plate of traditional Arabic dessert Om Ali, from a trusted shop, would end up in hospital with cases of food poising and diarrhoea. But that is exactly what happened to many people who’ve had the delightful meal from The Bakery Shop (TBS).

Emergency plan in place to offer subsidised food during Eid Al-Fitr
EGP 500m additional subsidy for commodities on ration cards offered during Ramadan

Alexandria enters Guinness World Records for longest line of tables
Despite making history, chaos broke out on the 4 km line

Hellofood: Fastest online platform for delivering food
“Hellofood” is a company that believes that sharing good times means sharing good food.

EGP 3.9bn increase in food commodities in new budget
Actual food commodity spending in current fiscal year exceeds announced figure in budget by EGP 2.5bn

How Ramadan turned into a month of overindulgence
Until now, more than 35 drama series’ have been announced for airtime on different private TV channels, some of them starring the same actors