The president of Egypt’s Food Export Council, Hany Barzy, stated supplying food to the Brazilian and Chinese markets will be a priority for 2024.
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Companies from Egypt exhibiting at the food trade show in Dubai celebrated the signature of export deals during the show, which doesn’t usually occur. High number of visitors favored business.
Egyptians exhibiting at the Dubai show have noticed a significant increase in visitors and are excited by the upturn of business after three years hampered by the pandemic.
The Russia-Ukraine war prevented the sector from reaching the 2022 target; nonetheless, it had a marginal 0.5% growth in international sales. The local government restricted exports of some items to secure local supply.
Initiative by Arab government and private agencies provides for the use of an advanced digital platform to connect different players of the food industry, including exporters, importers, and providers of services like transport and logistics.