Egypt

Carrefour Partner Opens Two New Hypermarkets In Africa

French retailer Carrefour has announced that its franchise partner in Africa, Majid Al Futtaim, has opened two new hypermarkets in Nairobi and Egypt....

Egypt Urban Consumer Prices Rise Fastest In At Least 6 Years

Egypt’s urban consumer prices rose the fastest in at least six years in December, fueled in part by a 28.3 percent increase in food costs following t...

Egypt Reopens Market To Irish Beef Products

Egyptian authorities have agreed to reopen markets to Irish beef after two decades, the department of agriculture confirmed last week. The deal's approv...

Egypt Haggling Back In Full Force As World Awash With Wheat

In a world overloaded with wheat, Egypt is bolstering its haggling power. As the largest buyer prepares to tap international markets Thursday, traders w...

Egypt Eases Wheat Inspections Once Blocking Imports On Fungus

Egypt made an official trade agency responsible for inspecting imported wheat, a step that could end disruptions in the purchases of world’s biggest...

Bleary Eyes Are Price Of Wheat Trading In World’s Top Market

Bleary eyes and missed dinners are now part of the job description for a wheat trader in the world’s most important market. It’s one consequ...

Egypt Raids Sugar Sellers As Shortage Doubles Prices In Weeks

Food trader Adel Abdou was enjoying a weekend with his family when police raided his warehouse in Cairo and seized 45 tons of sugar. “They treat u...

Boycott Of Top Wheat Market Pressures Egypt To Loosen Rules

After three failed attempts to buy wheat, Egypt is under pressure to loosen its rules for grain imports or face an extended boycott from international trad...