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    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Egypt’s food industries contribute 24.5% of GDP

    Egypt’s food industries contribute 24.5% of GDP

    $36mln contract for construction of Duqm fisheries complex

    $36mln contract for construction of Duqm fisheries complex

    Ministry signs agreement to support Oman’s honey industry

    Ministry signs agreement to support Oman’s honey industry

    Local, Italian companies partner up to establish food retail chain in Egypt

    Local, Italian companies partner up to establish food retail chain in Egypt

    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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      Aramco, DHL to build procurement and logistics hub for the energy sector

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      Second runway of Muscat airport to be ready this year

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      UAE-Oman rail network expected to bring about new era of collaboration and growth

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      Saudi Arabia issues 124 licenses to industrial units in different sectors in January

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      Qatar’s economic growth is strong: ICAEW

      Egypt’s food industries contribute 24.5% of GDP

      Egypt’s food industries contribute 24.5% of GDP

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      Construction works of Egypt’s first eco-sustainable industrial complex kick off

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      Oman Construction Equipment Industry to 2028

      $36mln contract for construction of Duqm fisheries complex

      $36mln contract for construction of Duqm fisheries complex

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      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      Madayn working on major Oman industrial city projects

      Madayn working on major Oman industrial city projects

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        Oman signs $20bn hydrogen deals

        Suez Canal expects US$3.5 billion in revenues in H1

        Suez Canal expects US$3.5 billion in revenues in H1

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        Fitch revises Saudi Aramco’s outlook to positive from stable

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        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

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          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

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          Saudi to be among world’s big leisure tourism hubs by 2030

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          Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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        • Agrofood
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          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Egypt’s food industries contribute 24.5% of GDP

          Egypt’s food industries contribute 24.5% of GDP

          $36mln contract for construction of Duqm fisheries complex

          $36mln contract for construction of Duqm fisheries complex

          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Trending Tags

          • Business & Economy
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            • Business
            • Economy
            • Finance
            • Industry
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            • Transport & Logistics
            Aramco, DHL to build procurement and logistics hub for the energy sector

            Aramco, DHL to build procurement and logistics hub for the energy sector

            Second runway of Muscat airport to be ready this year

            Second runway of Muscat airport to be ready this year

            UAE-Oman rail network expected to bring about new era of collaboration and growth

            UAE-Oman rail network expected to bring about new era of collaboration and growth

            Saudi Arabia issues 124 licenses to industrial units in different sectors in January

            Saudi Arabia issues 124 licenses to industrial units in different sectors in January

            Qatar’s economic growth is strong: ICAEW

            Qatar’s economic growth is strong: ICAEW

            Egypt’s food industries contribute 24.5% of GDP

            Egypt’s food industries contribute 24.5% of GDP

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
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            Saudi Arabia real estate: PIF-backed firm signs largest deal valued at $1.5bn

            Saudi Arabia real estate: PIF-backed firm signs largest deal valued at $1.5bn

            Construction works of Egypt’s first eco-sustainable industrial complex kick off

            Construction works of Egypt’s first eco-sustainable industrial complex kick off

            Oman Construction Equipment Industry to 2028

            Oman Construction Equipment Industry to 2028

            $36mln contract for construction of Duqm fisheries complex

            $36mln contract for construction of Duqm fisheries complex

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            Madayn working on major Oman industrial city projects

            Madayn working on major Oman industrial city projects

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              Oman signs $20bn hydrogen deals

              Oman signs $20bn hydrogen deals

              Suez Canal expects US$3.5 billion in revenues in H1

              Suez Canal expects US$3.5 billion in revenues in H1

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              Egypt imports rice to control market, prevent increasing prices

              Egypt Today

              July 12, 2018
              in Agriculture
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              The decision to import rice aims at controlling the market and preventing the prices hike, Head of Rice division of the Federation of Industries Ragab Shehata said.

              Shehata clarified that importing rice does not mean that the local market is in need of the product as the rice crop which is scheduled to be harvested in the second half of July, will cover 90 percent of the local market requirements.

              He pointed out that the scheduled rice harvest is expected to reach about 4 million tons of barely rice and over 500,000 tons of barely rice will be imported to produce about 300,000 tons of white rice.

              “There are several countries to import rice from, including Thailand, India, Russia, the United States and Argentina,” the head of rice division stated.

              He also noted that the companies began to communicate with the Ministry of Agriculture to obtain import approvals.

              President Abdel Fatah al-Sisi approved Sunday to import rice and to start its marketing for the coming year, and to set suitable prices for the crop in cooperation with the Ministry of Agriculture.

              On June 5, the government announced its plan to import rice (paddy, mulled and cargo rice), in a way to reduce the rice-cultivated areas due to the water shortage crisis the country is suffering from.

              On May 2, the Egyptian government agreed to increase the area allocated for rice cultivation by 100,000 feddans (one feddan equals 1.038 acres) for this season only, bringing the total area allocated for rice cultivation to 820,000 feddans, Abdel Latif Khaled, head of irrigation sector in the Ministry of Irrigation and Water Resources stated.

              Thus, it is expected that Egypt will produce about 3.3 million tons this year as one feddan produces 4 tons, while Egypt's annual consumption of rice is estimated at 4.3 million tons.

              However, the cultivated areas will be shrunk in the coming seasons as a result of water scarcity, given that one feddan of rice consumes 7,000 cubic meters of water.

              Egypt needs at least 105 billion cubic meters of water annually to cover the needs of more than 90 million citizens. However, it currently has only 60 billion cubic meters, 55.5 billion cubic meters of which come from the Nile and less than 5 billion cubic meters come from non-renewable subterranean water in the desert. The remaining 80 billion cubic meters are covered by the reuse of wastewater.

              The average per capita consumption of fresh water declined by 1.5 percent in 2015/2016 as it reached 103.4 cubic meters, compared to 105 cubic meters in 2015/2014, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) data.

              A further decrease in Egypt's water resources is expected in light of the construction of the Grand Ethiopian Renaissance Dam (GERD), which could have a negative impact on Egypt’s Nile water share.

              Egypt was the largest rice producer in the Near East region, according to the FAO data in 2004. In the period between 2015 and 2016, the country exported rice with a revenue of $58 million. However, rice export was banned in August 2016 to meet the local demand after shrinking the cultivated areas.

              Egypt Today
              12/07/2018

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