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

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