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Egypt’s hotel, restaurant, and retail food sectors continued growth in 2018 thanks to a budding recovery in tourism and consumer spending.
In MY 2019/20, FAS Cairo forecasts fresh orange exports to reach 1.5MMT down from 1.7 MMT in MY 2018/19. Post attributes the decrease in exports to severe weather conditions that impacted production.
Egypt’s economy is rebounding registering its largest growth rate since the outbreak of the 2011 revolution, growing by 4.2 percent in FY 2014/15.
On September 7, 2014 the former Minister of Agriculture Dr. Adel El Beltagy issued Ministerial Decree # 1495 to reestablish the National Biosafety Committee (NBC).
Agricultural and Food Developments during the month of November 2015.
Egypt’s food processing is a very dynamic sector, averaging a compound annual growth rate of 12 percent in the last 5 years.
MY 2015/16 wheat imports are forecast at 11.5 million metric tons (MMT) in line with USDA’s official estimate.
News on developments in agriculture and food in Egypt.
Egypt’s government has backtracked on the policy of eliminating cotton subsidies to the sector and has allocated cash subsidies valued at LE 261.7 million to buy the MY2015/16 cotton crop.
News on developments in agriculture and food in Egypt.
Egyptian wood sector industry is poised to grow domestically, as the Government of Egypt engages in large-scale infrastructure projects...
In 2016, ending inventories and calf production are expected to increase by 4 percent while beef and veal production is projected to increase by 10 percent.