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Wednesday, 26 May 2021

Lower wheat imports + Elaraby inaugurates cooking appliances factory

A few things we’re keeping an eye on this morning:

  • The Supply Ministry is reportedly looking to bring down its wheat imports by 300-500k tonnes this year as local wheat production looks set to increase by as much as 500 mn tonnes to end this season on 15 June at 3.6 mn tonnes.
  • Elaraby Group inaugurated yesterday its newest cooking appliances factory in Qalyub, with an estimated annual production capacity of 500k units.

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