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In late December 2015, the Egyptian Central Bank issued the first of a number of policy statements reflecting changes that restrict the transfer of funds abroad to pay for imported goods.
Attaché Report (GAIN)

Egypt: Nile Nuggets

News on developments in agriculture and food in Egypt.
Post is revising Egypt’s MY2016/17 cotton PSD as the latest field surveys indicate a dramatic plunge in planted area of 50 percent to 50,000 ha from MY2015/16...
Egypt imposed an EGP 900 ($101.35) per metric ton tax on exported sugar effective May 18 until the end of 2016.
Attaché Report (GAIN)

Egypt: Egyptian Land Reclamation Efforts

The Egyptian Ministry of Agriculture announced an effort to reclaim approximately 1.5 million acres (607,028 ha) of marginal or desert lands for agricultural use.