Egypt looks further afield for wheat
Egypt recently bought 240,000 tons of wheat from Russia directly, as the government continues to work on plans to avert a food crisis and preserve local supplies.
Stay updated with breaking news from Supply Commodities. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Egypt recently bought 240,000 tons of wheat from Russia directly, as the government continues to work on plans to avert a food crisis and preserve local supplies.
CAIRO: The Egyptian government is in the final stages of signing a new financing agreement with the International Monetary Fund, Al-Arabiya reported citing Prime Minister Mostafa Madbouly. His statement came hours after a Moody’s report, which expected a gradual devaluation of the Egyptian pound in order to curb inflation in the North African country. Wheat procurement Egypt’s
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Ukrainian officials are working to release a detained vessel carrying Ukrainian wheat purchased by Egypt's government, Ukraine's Mideast envoy told reporters on Monday.