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CBE provides EGP 69bn in facilities to support industry, agriculture, contracting sectors
5 industries, including F&B and plastics, acquired 60%, or EGP 41bn, of total used balances granted under initiative, says source
Planning Ministry targets EGP 34.5bn agriculture, irrigation investments in FY 2020/21
The ministry has indicated that the agriculture sector’s most significant targets for FY 2020/21 are to increase production to EGP 1.075trn at current prices, from EGP 938.9bn in FY 2019/20, a growth of 14.5%, equivalent to 11% of gross domestic product (GDP).
Ministries of Environment, Agriculture sign two afforestation protocols with Qalyubia governorate
This project will allow increasing the per capita green space and reduce pollution
Banking, agriculture, manufacturing, logistics to drive Italian businesses in Egypt next year: CISE
Italian investments in Egypt to be doubled next year to €3.2bn, says Romano
Ministry of Social Solidarity, PepsiCo Egypt and CARE Egypt to launch SFtW for women in agriculture
The programme is with investments of $3.7m, and is expected to benefit 390,000 female small-scale producers and their families in Egypt
Egypt, US signs EGP 280m in basic education, agriculture grant agreements
‘We supported Egypt with EGP1.2bn in couple of months’, says Carlin
New Valley province, Guinness World Records discuss promoting tourism, agriculture
This is part of its development plan, which aims to market agricultural products globally, in addition to promoting the governorate as a global tourist destination.
Agriculture is key for Africa’s development, controlling famines: Nobel Peace prize winner
ECES, MIF, AfDB to organise joint event on Africa next October, says Abla Abdel Latif
Elegant Group aims to channel EGP 1bn of Egyptian’s savings to agricultural, industrial sectors
Elegant Group Chairperson, Mohamed Shaheen, said that the agricultural and industrial sectors are currently considered a safe mechanism for investment, with returns exceeding the fixed benefits of bank savings, especially with the state’s efforts to encourage direct investment and decrease bank interest rates during the coming period
MALC to focus on boosting projects’ production in rural areas
“We want to improve citizens’ living conditions, eliminate local migration,” says Minister
Sustainable agriculture is an engine for accelerating growth in Egypt: FAO
Authorities, FAO strengthen R&D’s national capacities in modern agriculture technologies
In Belize, farmers turn away from slash and burn agriculture
Paste and Juice completes agriculture mechanisation project cutting its prices by 20%
Adding a new daily1,000 tonnes production line this year: Export Director
Agriculture Ministry official sentenced to 10 years
Aziz is part of bigger corruption case at ministry
UNB signs 4 agreements to support small investors in agriculture, land reclamation
Main sectors to be financed by bank are agricultural crops, livestock production, poultry, fish farms, medicinal plants, aromatic plants
How climate change threatens Egypt’s coasts, agriculture
Worldwide trending philosophy for coastal protection is building with nature technique
Military Production, Agriculture ministries cooperate to manufacture production equipment, implement national projects
National Organisation for Military Production, IDA, CGCOC Group sign MoU to develop industrial zone in Abu Zanima
Egypt holds workshop with World Bank to promote investments in agriculture
Egypt’s recent economic reforms and improved business environment encourage investment in agriculture, says World Bank
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