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Egypt to have new $372m sugar plant

2013-05-06 07:49:27| Sugar Industry News

The Islamic Corporation for Development of the Private Sector (ICD) has announced plans to invest $372m into building a mega sugar production facility in Egypt, Arab News has reported. Other shareholders of Al-Nouran Sugar include the Arab Fund for Economic and Social Development, the Egyptian Sugar & Integrated Industries Co, and Al-Nouran Multitrading, a private sector sugar trading house in Egypt. The project involves the construction of a new sugar production facility in Al-Sharkia governorate and the acquisition of an affiliated beet agricultural company. Production will reduce Egypt\'s reliance on imported sugar by 25% from the current one million tonnes annually, while exports of by-products will generate savings to the balance of payments of up to about $250m annually. The project is expected to be completed by Q4 2015.

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Egypt Retail Report Q2 2013

2013-04-24 02:00:00| Beverage industry market research - from just-drinks.com

Business Monitor International's Egypt Retail Report provides industry professionals and strategists, corporate analysts, retail associations, government departments and regulatory bodies with indepen

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Dana Gas secures interest in North El Arish block, offshore Egypt

2013-04-24 01:00:00| Offshore Technology

Dana Gas has secured a 100% working interest in the North El Arish (Block 6) concession area, located offshore of the Nile Delta, Egypt.

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Hot deals: Anaheim, Argentina, Egypt, Bali

2013-04-13 14:38:11| Airlines - Topix.net

Flight Centre has Anaheim holidays including return airfares flying Air New Zealand and four nights' four-star accommodation from $2539 ex Auckland a person, twin share.

Tags: hot deals argentina egypt

 

Qatar offers Egypt $3bn lifeline

2013-04-10 13:15:08| BBC News | Business | UK Edition

Qatar says it will buy $3bn of Egyptian bonds to help the crisis-hit economy recover.

Tags: offers egypt qatar lifeline

 

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