CAIRO – 18 April 2022: Egyptian Minister of Trade and Industry Nevin Gamea held an expanded session of talks with the Malaysian Minister of Agricultural Industries and Commodities Zuraida Kamaruddin on Sunday to review aspects of industrial, investment and commercial cooperation between the two countries.
The meeting was attended by Malaysian Ambassador to Cairo, Zamani Ismail, Assistant Minister for Economic Affairs, Ibrahim Al-Sigini, and Advisor to the Minister for Institutional Communication, Hatem Al-Ashry, as well as representatives of the Timber, Rubber and Palm Oil Councils in Malaysia.
KUALA LUMPUR (April 21): Malaysia is intensifying its efforts to boost demand for palm oil and rubber, and is ready to meet the encouraging demand for the commodities.
To this end, the Ministry of Plantation Industries and Commodities (MPIC) is engaging with Egyptian and Qatari agricommodity players to propose several initiatives, including a proposal to have the Malaysian palm oil included in the Egyptian Food Subsidy Scheme.
THE plantation industry has always been an important economic asset for the country. Rubber and oil palm have been the dominant crops.
Though rubber has lost some of its shine, it still offers the potential to remain a vibrant source of economic wealth. Oil palm, now more than 105 years old, is still riding high.