Sugar
The ministry noted it sends a specialized team periodically to inspect the Nile to ensure that there is no waste disposed of by the industrial complexes, especially the sugar factories.
He added that the average sugar consumption ranges between 230,000 to 240,000 tons per month.
According to the feasibility studies, the shares of the non-Egyptian partners in the company will reach $210 million.
he Delta Sugar Company announced that the company produces around 20,000 tons of sugar cubes annually.
Around 114,76 feddans of sugar beet have so far been planted in the plots allotted as per the contract farming system, the company's board chairman Ahmed Abou el Yazeed said in a statement carried by the Ministry of Supply.
The head of Sugar Division called for deepening the local industry by increasing the cultivation areas of sugar beet to provide locally produced sugar.
The country expects to produce about 2.3 million tonnes of sugar this year and consumes about 3 million tonnes, filling the gap with imports.
The Cabinet's Information and Decision Support Center (IDSC) denied government’s intention to increase electricity prices
The fair is organized by the government and aims to provide different kinds of goods ahead of the Muslim fasting month of Ramadan.
European Union is well place to remain a net sugar exporter over the medium term as its production costs are more competitive than rivals such as Russia and Pakistan.
A wrap-up of the most prominent business news of the day.
The Supply Minister inaugurated Sunday renovation works at the Egyptian Sugar and Integrated Industries Co, with investment cost of LE 400 million.
Dubai’s Al Khaleej Sugar Refinery has agreed to build a major agro-industrial complex to produce beet sugar under a deal signed with the Egyptian government.
Ministers of Investment and Public Enterprises headed on Saturday to Dubai to participate in the Dubai Sugar conference, taking place from February 3-6.
The Supply Ministry denied any increase in the price of sugar after Egypt’s decision to raise the price of sugarcane purchased from local farmers.
Sugar cane farms are expecting difficulty to continue supplying sugar at LE 620/ton.
Egypt has enough locally produced rice to feed demand for the next 12 months.
The company provides all stages of sugar production from cultivation to manufacturing and then trade.
Contracted sugar quantities are now being received by public sector companies for refinement and it will be sold on the market for LE 9.5 per kilo.
The price of subsidized sugar will be reduced from LE 10 to LE 9.5 per kilo as of September.