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Middle East & Africa


Iraq issues tender for at least 50,000 T of wheat  BAGHDAD: Iraq has issued a tender for at least 50,000 tonnes of wheat from any origin, with a closing date of Sept. 16, a source at the Iraqi trade ministry said on Thursday. Offers should be valid until Sept. 20, the source said. Iraq is one of the world's largest importers of wheat, much of which goes to supply a massive national food ration programme. Copyright Reuters, 2012 ...

Egypt buys 475,000 T Russian, Romanian, Ukrainian wheat  CAIRO: Egypt, the world's biggest importer of wheat, bought 475,000 tonnes of Russian, Romanian and Ukraine wheat for shipment Oct. 21-31 and Nov. 1-10, the main government wheat buyer said on Thursday. Of the total, it bought 300,000 tonnes for the October shipment period and 175,000 tonnes for the November shipment period. Nomani Nomani, Vice Chairman of the General Authority for Supply Commodities (GASC), gave a breakdown of the purchases. He listed shipments for Oct. 21-31 as: - 60,000 ...
Top Kenyan tea prices fall at latest auction  NAIROBI: The average price of Kenyan top grade tea fell to $4.00 per kg at auction this week from $4.04 kg last week, traders said on Tuesday. The east African nation is the world's biggest exporter of black tea, and the crop is one of its largest foreign exchange earners, raking in $1.27 billion last year. The Mombasa-based Africa Tea Brokers (ATB) said in a market report that Best Broken Pekoe Ones sold at $4.16-$3.84 per kg, ...
Ivory Coast ginners see 2012/13 cotton output at 340,000 T  ABIDJAN: Ivory Coast's 2012/13 cotton season will yield about 340,000 tonnes, the executive secretary of the country's ginners' association said on Monday, increasing the body's forecast from the previous 300,000-315,000 tonnes.    The West African nation produced around 260,000 tonnes during the 2011/12 harvest.   "At the end of July we were at around 340,000 hectares planted. For this cotton season, we are therefore expecting at least 340,000 tonnes of cotton," said Christophe N'Dri.   The cotton season opened on May ...
Uganda KAMPALA: Uganda's cocoa production is set to rise by 6.1 percent in the I October 2011-September 2012 crop year from the previous year, helped by favourable weather and maturing trees, the state-run Cocoa Development Project (CDP) said on Monday.   The east African country is a small producer compared with big growers such as Ivory Coast, but cocoa is one of Uganda's commodity exports and a source of hard currency.   Last season Uganda earned $44 million from cocoa ...
Ivorian cocoa arrivals seen 1.339mn T by Sept 2  ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 1,339,000 tonnes by Sept. 2 since the start of the season in October, exporters estimated on Monday, compared with 1,412,845 tonnes in the same period of the previous season.   Exporters estimated around 6,000 tonnes of beans were delivered to the West African state's two ports between Aug. 27 and Sept. 2, down from 17,963 tonnes in the same week a year ago. Exporters estimate ...
Saudi Arabia buys 575,000 tonnes hard wheat  JEDDAH: Saudi Arabia bought 575,000 tonnes of hard wheat (12.5 percent protein minimum) from the European Union, Australia, and North and South America for shipment during the December-February period, its Grain Silos and Flour Mills Organisation (GSFMO) said on Sunday.   The shipment will be sent to the kingdom's ports in Jeddah and Dammam, GSFMO said in an emailed statement.   The average price for these quantities (10 vessels) from TOEPFER & GLENCORE at $368.73 per tonne cost and ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln