Egypt to import milled, paddy rice to meet market demand

EGYPT - The government of Egypt has announced the decision to import milled and paddy rice to increase supply of the commodity as well as prevent potential price shock to consumers. A June 13 USDA report indicated that grain hoarding, which resulted in the decline in the volume of rice being offered to the country’s…

Edita Food Industries enters Morrocan snack food market in JV

EGYPT – Edita Food Industries, a leader in the Egyptian packaged snack food market has announced it will directly enter the Moroccan snack food market through a greenfield investment with Morocco’s Dislog Group. Edita signed a memorandum of understanding with the leading local distributor to form a joint venture, “Edita Food Industries – Morocco”, that…