Egypt expects UAE Al Dahra wheat purchases in January
Egypt’s wheat purchases from the UAE Al Dahra deal are expected to take place starting January, said Egyptian Minister of Supply and Internal Trade Ali Moselhy on Sunday.
The deal to buy wheat from UAE-based agribusiness Al Dahra, which was announced earlier in August, is currently awaiting parliamentary approval, the minister told reporters on Sunday, adding he expects that to be in November.
The UAE’s Al Dahra Agriculture will be enabled to offer imported wheat to Egypt by participating in the international tenders the government routinely holds, Moselhy noted, saying payment for those imports would be through the funding the Gulf nation has made available.
The Egyptian minister also said wheat stocks are enough to cover 4.7 months of local consumption, while vegetable oil stocks are sufficient for 3.9 months and sugar stocks are enough until April.
Read also
Victoria Golubyatnikova, SGS – Speaker at BLACK SEA OIL TRADE-2025, Bucharest
Over 700 thsd tons of Ukrainian grain were exported
Moldovan government approves sale of Giurgiuleşti port to Romania
In Central Russia, oilseed crops overtook wheat in terms of sown area for the firs...
Sunflower seeds harvest forecasts: Drought hits Ukraine, while Russia and Kazakhst...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon