The plant in Egypt is being set up under a land deal signed between Canal Sugar Company and the Egyptian government and once competed it would see the production of 1 million tonnes of sugar annually.
TradeArabia - 02-Apr-2020The platform under development will enable traders to purchase, store, and trade the sugar of Al Khaleej Sugar through smart contracts on a blockchain technology
WAM (Emirates News Agency) - 10-Feb-2020DMCC Tradeflow supports development of a new sugar trading platform by securely registering transactions and issuing warrants
Press Release - 10-Feb-2020The company's factory will complete construction this year, and the project will reach full capacity of 900,000 tonnes in 2023
Reuters News - 10-Feb-2020The platform will allow traders to purchase, store, and trade the sugar of Al Khaleej Sugar through Universa’s smart contracts
Mubasher - 10-Feb-2020Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).