CAIRO (Reuters) - An Egyptian military agency has taken over the country's import of strategic commodities, a letter seen by Reuters showed, replacing a decades-old state institution to take over ...
In the agricultural heartland of Egypt, along the fertile banks of the Nile, one of the year’s most significant harvests is under way. As the sun rises over the rural province of Menoufia, farmers in ...
Egypt is taking advantage of the current dip in wheat prices to buy up nearly a third of its yearly requirement of the grain in one go. The country’s state-run buyer, the General Authority for Supply ...
Direct deals not as price transparent for market as tenders Egypt is often the world's largest wheat buyer Some traders cast doubt on ability to fulfill contract Egypt has suffered acute foreign ...
The government announced on Wednesday that Egypt had increased its local wheat purchase price by 10%, to 2,200 Egyptian pound ($45.51), per 150 kilograms (ardeb). Hossam El Gahary, vice-chairman of ...
Egypt’s overhaul of the way it buys wheat is making it much harder to follow a key chunk of global grain trade. As one of the biggest wheat importers, Egypt’s state-issued tenders and direct deals are ...
CAIRO/DUBAI (Reuters) - Egypt's biggest ever wheat tender, nearly 20 times its usual size, stemmed from food security concerns sparked by an intelligence briefing given to President Abdel Fattah ...
CAIRO (Reuters) - Egypt's prosecutor is probing documents pertaining to a Russian wheat cargo imported by Egyptian Traders Co for forgery, a trade ministry adviser said on Thursday, a move the private ...
(Bloomberg) -- Egypt plans to hedge against volatility in the prices of commodities such as wheat and fuel, part of efforts to tackle the impact of US tariffs that are roiling the global economy, ...
Sherif Farouk, the Egyptian supply minister, said that Egypt expects to still receive a shipment of Russian grain in November after the initial consignment set for October was delayed. In September, ...