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Egypt aims to boost wheat self-sufficiency

Wheat represented the largest single subsidy expenditure after fuel price support, which was unexpectedly cut at the start of July, increasing the prices of car fuel and natural gas by more than 70% and driving up food prices by 20% according to economists.

Daily News Egypt

Egypt’s Juhayna Food Industries says to appeal chairman’s sentence

Reuters – Egypt’s Juhayna Food Industries , one of the country’s largest dairy product and juice makers, said on Monday it would appeal against a court sentence for its chairman. A spokesman for a Cairo court said Safwan Thabet, who is also Juhayna’s chief executive, had received a one-year jail sentence on Thursday for selling …

Daily News Egypt

‘Let them eat cake’, part 2

When Gouda Abdel Khalek was Minister of Supply in March of 2012 he made a very “novel” suggestion— not the good kind of novel. At the time, Egypt’s food subsidy programme supplies were woefully insufficient to feed the millions of Egyptians benefitting (in theory) from the assistance. With some governorates having no rice for distribution …

Iris Boutros