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Egypt Strikes USD 500 Million Deal with UAE to Finance Wheat Imports

Egypt has signed a USD 500 million (EGP 15.4 billion) deal with the Abu Dhabi Exports Office (ADEX) to fund wheat imports for five years, according to a statement by the State Information Service on Tuesday, 15 August. The deal was secured following talks with the UAE in July. The funds will be used to
Abu Dhabi Abuz Aby United Arab Emirates Ministry Of International Cooperation Al Qahirah Al Dahra

No plan to import wheat into India, have sufficient stock, confirms govt

The following confirmation from the government arrived after a LiveMint report, which โ€“ citing FCI โ€“ said that wheat reserves have declined in August to the lowest level for the month in 14 years, while wheat inflation is running at close to 12%
Wheat Reserves Wheat Production Wheat Import Wheat Export Food Ministry Department Of Food And Public Distribution

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