Egypt

Pic: Baladna

Baladna acquires stake in Egypt’s Juhayna Food Industries

By Jim Cornall

Baladna, a Qatar Public Shareholding Company, has acquired a 5% stake in the Egyptian company Juhayna Food Industries Company, which is listed on the Egyptian Stock Exchange, through several purchases of shares from the market.

The Almarai plant at Al Kharj.

Almarai gets $100m EBRD loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) has given a $100m loan to Saudi Arabian dairy company Almarai.

IFF opens refitted Cairo flavours facility

IFF opens refitted Cairo flavours facility

By RJ Whitehead

A Cairo flavours facility has come back online a year after International Flavours and Fragrances shuttered it for renovation and expansion work to be carried out. 

Egypt named one of ‘10 emerging markets of the future’

Egypt named one of ‘10 emerging markets of the future’

By Richard Whitehead

An influential new report has identified Egypt as one of the “10 emerging markets of the future” though its food industry is predicted to see a dramatic change in fortunes as part of an overall predicted slump in its primary industries over the next five...

Egypt’s wheat import dispute continues, with mixed messages on fungal infection rates sparking panic about cancer-causing bread, as a currency devaluation puts strain on food prices.(© iStock.com)

Egypt wheat row turns toxic

By Will Chu

Egypt’s wheat import dispute continues, with mixed messages on fungal infection rates sparking panic about cancer-causing bread, as a currency devaluation puts strain on food prices.

Egypt was the second-largest buyer of Russian wheat last year, behind only Turkey, said Russian president Vladimir Putin.

Egypt bags cheap Russian wheat, signs new silo deals

By Eliot Beer

Egypt will buy more wheat from Russia this year, taking advantage of historically low prices, while it continues with a major grain silo programme to improve domestic storage capacity.

Food subsidies may be diverting funds from other policy initiatives, and make relatively unhealthy foods much cheaper

Food subsidies may drive child stunting

By Eliot Beer

Government food subsidies may contribute to high rates of child stunting in the Middle East, according to research by the International Food Policy Research Institute (Ifpri).

Almarai and PepsiCo plan $345m Egypt investment

Almarai and PepsiCo plan $345m Egypt investment

By Eliot Beer

Almarai and PepsiCo announced a joint plan to invest US$345m in projects in Egypt over the next five years, taking advantage of the growing stability in the country.

Middle Eastern countries imported 4.4 thousand tons of confectionery from Brazil in 2013, but there's still big potential for growth, says ABICAB

Brazil sweet on Arabic markets

By Annie-Rose Harrison-Dunn

Currently the Middle East represents just over 3% of Brazilian confectionery exports, but potential far exceeds that, according to Brazil's industry trade association.

If regional conflict were to close both the Suez Canal and the Strait of Hormuz, Gulf governments could find it hard getting food into their countries

Report: Middle East faces food insecurity

By Noel Ebdon

Food security in the Middle East could be under threat due to continuing political instability in the region, according to a report from Chatham House, also known as the Royal Institute of International Affairs.

Dohler expands MENA might with Delta Aromatic acquisition

Dohler expands MENA might with Delta Aromatic acquisition

By RJ Whitehead

Already a mainstay in the Middle East ingredients market, Dohler has now announced further expansion in the region following its acquisition of the fruit processing and flavour unit of Delta Aromatic in Egypt.

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