Category: Publications

Egypt’s Canal Sugar to start production in 2021

Egypt’s Canal Sugar will produce 400,000 tonnes a year of white sugar when it starts production in the 2021 season, the chief executive said on Monday. Construction of the company’s sugar beet factory will be completed this year and the project will reach full capacity of 900,000 tonnes of white sugar a year in 2023, Islam Salem told reporters on…

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UAE, Egypt joint venture to set up $1billion sugar refinery project

Canal Sugar, a $1 billion joint venture between UAE and Egypt investors, will start production next year with the aim to bridge 80 percent of Egypt’s current sugar gap. It’s located in Minya Governorate of Egypt. Egypt produces around 2.5 million tonnes of sugar annually but needs 3.3 million tonnes. Canal Sugar MD & CEO Islam Salem Jamal Al Ghurair,…

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UAE investors to set up $1b project in Egypt

Aden – Yasmine El Tohamy – Some UAE-based investors, along with Egypt’s Al Ahli Capital Holding, are investing $1 billion to set up a sugar refinery as well as develop agriculture land in Egypt. Jamal Al Ghurair, managing director of the UAE-based Al Khaleej Sugar, and other UAE investors will hold 70 per cent stake in the sugar refinery while…

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Minya Governor, CEO of Canal Sugar Co. discuss preparations for establishing sugar beet factory

Minya Governor-General Osama el Qady conferred on Wednesday with Chief Executive Officer of Al Canal Sugar Company, a subsidiary of UAE-based Al Ghurair Group, on measures pertaining to the establishment of a sugar factory to be located west of Malawi city in Minya governorate, Upper Egypt. Head of the Economic Committee at the Parliament Amr Ghalab and Director of Security…

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