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
Ukraine is ready to help Syria prevent food crisis – Zelenskyy
Join with the EARLY RATE – 22 International Conference BLACK SEA GRAIN.EUROP...
Brazil sugar output decreased by 23% — Unica
Algeria imposes a complete ban on durum wheat imports in 2025
Weather in Brazil and Argentina remains favorable for the future harvest of soybea...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon