Back to the complete issue
Wednesday, 9 October 2019

Egypt to cultivate 4 mn tonnes of white rice this season

Egypt will produce 4 mn tonnes of white rice this year, up from 2.7 mn tonnes last year, head of the Agriculture Ministry’s crop research institute Alaa Khalil said, according to Reuters Arabic. Egypt would not need to import rice as the production would exceed the local demand of 3.2 mn tonnes. Khalil did not specify whether the surplus would be earmarked for exports, which the Sisi administration had previously banned on the grounds that exporting rice is effectively exporting water. We’re still not quite sure why we’re upping our white rice production, given that producing fewer water-intensive crops is a key ambition of the USD 50 bn plan announced by Irrigation Minister Mohamed Abdel Atti in April. The strategy is supported by legislative amendments to the Agriculture Act, and aims to clamp down on water-intensive crops to reduce water shortages.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.