Latest news with #EgyptianSwissGroup
Zawya
18-05-2025
- Business
- Zawya
Egyptian Swiss Group represents Egypt at GrainCom2025 in Geneva
El-Sebai: Dollar Liquidity Drove Surge in Grain Imports During 2024 Egyptian Swiss Group for Pasta, Milling, and Concentrates took part in the international GrainCom2025 conference held in Geneva, Switzerland, from May 13 to 15. The event is considered one of the world's largest gatherings for the grain and oilseeds sector, attracting a wide range of multinational companies, shipping and inspection bodies, and global commodity exchanges. Ahmed El-Sebai, Managing Director of Egyptian Swiss Group, confirmed that the company's participation was within the panel discussions representing the Egyptian market. The sessions shed light on Egypt's wheat market and the recent changes in import mechanisms, as well as the government entities responsible for regulating the process. Sharp Rise in Wheat Imports Egypt witnessed a significant increase in wheat imports in 2024, reaching 14.2 million tons, up from 10.8 million tons in 2023 — a 31% year-on-year jump. El-Sebai attributed the surge primarily to improved dollar availability and a drop in global wheat prices, which fell to $240 per ton in 2024, compared to over $350 per ton the year before. Over 33,000 Companies in the Grain Sector El-Sebai highlighted that the grain sector is one of Egypt's largest and most diversified industries, encompassing over 33,000 local companies. These operate across six core areas: pasta production, wheat milling (at both 72% and 82% extraction rates), rice milling, glucose and starch production, yeast and bread manufacturing, as well as grain packaging and animal feed production. Egypt remains one of the world's top wheat importers, annually sourcing up to 12 million tons for both public and private sector use. In the 2023–2024 season, the country ranked among the highest consumers of wheat globally, with more than 20 million tons — accounting for 2.6% of global consumption. Growing Imports of Corn and Soybeans El-Sebai also noted a sharp increase in imports of other key grains. Corn imports rose by 36% to reach 9 million tons in 2024, while soybean imports jumped by 76% to 3.7 million tons over the same period. International Partnerships and Growth Potential According to El-Sebai, Egypt possesses all the necessary components to become a regional hub for grain-related industries in the Middle East. He emphasized that the group's participation in GrainCom aimed to showcase these opportunities and expand global partnerships with international shipping companies, trading houses, and commodity exchanges. GrainCom 2025: A Strategic Global Platform GrainCom serves as a strategic annual platform for stakeholders in the grain and oilseeds industry. Organized by AgriCom Events, the conference convenes key decision-makers, public and private sector representatives, and experts in supply chains, food security, and agricultural finance. Focus Areas: Food Security, Technology, and Risk This year's edition addressed several key issues, including global food security challenges affecting more than 343 million people in 74 countries. Sessions also explored the role of modern agricultural technologies, such as remote sensing and precision nutrient distribution, alongside geopolitical shifts like the rise of the BRICS group and their implications for supply chains and global trade. Participation from Inspection Bodies and Global Exchanges The conference attracted prominent representatives from shipping companies, inspection authorities, and leading grain exchanges such as 'Euronext' and the 'Chicago Mercantile Exchange.' These institutions offered technical workshops on risk management tools and forecasting market volatility. A Forward-Looking Vision for the Industry GrainCom aims not only to address internal industry issues but also to engage with external stakeholders who play a critical role in shaping the future of the food and agriculture sectors through policies on financing, digitization, and global supply chain resilience. Established to Elevate Global Industry Dialogue AgriCom Events SA, the organizing company behind GrainCom, was founded in March 2020 in Geneva. It was created in response to industry demand for a specialized global platform for the grains and oilseeds sector, facilitating high-level dialogue and collaboration among key players. Egypt's Message to the Global Community Ahmed El-Sebai concluded by underscoring the importance of direct engagement with international partners, describing GrainCom as 'a golden opportunity to reinforce Egypt's presence on the global stage and demonstrate the market's readiness to attract strategic investments in the grain sector that can strengthen both local and regional food security.'
Zawya
21-04-2025
- Business
- Zawya
Egyptian Swiss Group to invest $10mln to expand production
The Egyptian Swiss Group for Pasta, Milling, and Concentrates plans to invest $10 million in expansion projects to boost production capacity to meet rising demand locally and globally. Egypt's Prime Minister Mostafa Madbouly hailed the advancements in production and manufacturing operations at the group's facilities, according to a press release. Madbouly stressed the government's full support for national industrial entities and its commitment to driving their expansion and investment endeavors. Ahmed El-Sebai, General Manager of Egyptian Swiss Group, pointed out that the group's industrial complex spans an area of 35,000 square meters. Metal silos at both the 10th of Ramadan and Borg El Arab sites with a combined grain storage capacity of 50,000 tons The group exports to more than 40 countries across Africa, Asia, Europe, and Latin America, and plans to expand further into new markets amid ongoing global trade shifts and emerging opportunities. He highlighted that 80% of the group's production is allocated for export, adding that the group managed to increase the added value of its products. In line with the Egyptian government's strategy to boost trade relations with the continent and capitalize on its vast potential, 90% of the exported flour is directed toward African markets. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
19-04-2025
- Business
- Zawya
Prime Minister and Minister of Industry inspect Egyptian Swiss Group's food manufacturing complex
Eng. Ahmed El-Sebai: $10 Million Investment Planned to Expand Production Capacity Prime Minister Dr. Mostafa Madbouly, accompanied by Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Engineer Kamel El-Wazir, visited the facilities of the Egyptian Swiss Group for Pasta, Milling, and Concentrates during a tour of several factories in 10th of Ramadan City. The delegation also included Dr. Nahed Youssef, Chairwoman of the General Authority for Industrial Development, Ms. Doaa Salima, Executive Director of the Industrial Modernization Center, and Engineer Alaa Abdallah, Head of the 10th of Ramadan City Development Authority. During the visit, the Prime Minister praised the notable advancements in production and manufacturing operations at the group's facilities. He reaffirmed the government's full support for national industrial entities and its commitment to facilitating their expansion and investment endeavors. Showcasing Industrial Growth and Technological Integration The Prime Minister and his delegation were received by Hani Lawandy, Chairman of the Group, and Eng. Ahmed El-Sebai, General Manager of the Group, who delivered a detailed presentation on the company's facilities and future plans. El-Sebai explained that the group's industrial complex spans an area of 35,000 square meters and is preparing to invest $10 million in expansion projects aimed at boosting production capacity to meet rising demand locally and internationally. Founded in 1995, the Egyptian Swiss Group initially operated in grain and flour trading. It inaugurated its first mill in Assiut in 2003, expanded to Borg El Arab in 2007, and later to 10th of Ramadan City in 2010. The pasta factory launched in 2013, followed by the concentrates plant, and in 2018, the group consolidated its milling operations to enhance efficiency. Impressive Output and Export Reach According to El-Sebai, the group currently operates: A pasta factory with a monthly production capacity of 8,000 tons Two flour mills with a combined monthly capacity of 30,000 tons A sauce factory producing 3,000 tons per month Metal silos at both the 10th of Ramadan and Borg El Arab sites with a combined grain storage capacity of 50,000 tons The group exports to over 40 countries across Africa, Asia, Europe, and Latin America, and plans to expand further into new markets amid ongoing global trade shifts and emerging opportunities. He highlighted that 80% of the group's production is allocated for export, supported by high standards of quality, automation, and internationally accredited certifications. These include the U.S. FDA certification, FSSC 22000 food safety standard, and various ISO certifications (ISO 22000, ISO 9001, ISO 14001, and ISO 45001), in addition to the Egyptian "Halal" certification. Fully Automated Manufacturing with High Local Content The delegation toured the production lines, where El-Sebai demonstrated the fully automated manufacturing process—from raw grain intake, cleaning, and conditioning, through milling and packaging, to the transfer of raw materials to the pasta line—powered by European technology and operated with minimal human intervention, ensuring global-level quality standards. Hani Lawandy noted that the sauce production line is 100% locally sourced, relying entirely on domestically produced tomatoes and packaging, which enhances export competitiveness and supports Egypt's foreign currency reserves. He added that the pasta production line has achieved a local content ratio of 81.45%, with over 85% of its output exported globally. Despite importing wheat, the group has managed to significantly raise the added value of its products. Notably, 90% of the exported flour is directed toward African markets, in line with the Egyptian government's strategy to boost trade relations with the continent and capitalize on its vast potential. Workforce and Social Commitment El-Sebai concluded by highlighting that the company employs over 700 insured workers, providing comprehensive transportation services and a range of incentive programs to promote productivity and job satisfaction.
