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Middle East & Africa


Mediterranean refineries seen winning white sugar trade to Syria DUBAI: Mediterranean refineries are winning business to ship white sugar to Syria, Jamal Al Ghurair, managing director of the Al Khaleej Dubai sugar refinery, said on Sunday. "We can sell sugar to Syria, but it is more competitive from the Med refiners to bring sugar to the Syrian market than from Dubai," Al Ghurair told Reuters in an interview on the sidelines of the Feb. 8-11 Platts Kingsman sugar conference. Ghurair said the main refineries in Syria were shut as no raw sugar imports to the country were taking place. "If they're not importing raw sugar there's no business," he said. He said bagged white sugar was being shipped to Tartous port, and was entering Syria overland from Turkey. Ghurair said the Dubai refinery was currently sourcing raw sugar from traditional origin Brazil and was not buying supplies from India, because Brazil was more competitive. But he said that if ...

Ivory Coast forward cocoa sales for 2013/14 reach 1.45mn tonnes ABIDJAN: Ivory Coast, the world's top grower of cocoa, has sold its entire 2013/14 crop in forward sales, or more than 1.45 million tonnes, a source in the finance ministry said. "We are currently at more than 1.45 million tonnes already sold and we are focusing our efforts on sales for next season," the source said.Copyright Reuters, 2014 ...
Saudi Arabia says buys 715,000 tonnes of wheat in tender ABU DHABI: Saudi Arabia bought 715,000 tonnes of wheat in a tender for shipment periods between April and June, the Grain Silos and Flour Mills Organisation said on Monday. It bought 595,000 tonnes of hard wheat with minimum protein of 12.5 percent and 120,000 tonnes of soft wheat with minimum protein of 11 percent. The accepted origins are from Europe, North and South America and Australia, at the sellers' option, the GSFMO said. Of the ...
Iraq issues tender for at least 30,000 tonnes rice BAGHDAD: Iraq issued a tender to buy at least 30,000 tonnes of rice, from long-grain supplies which can be sourced from the United States, Uruguay, Argentina and Brazil, a trade ministry statement said on Sunday. The closing date for the tender is Feb. 2, and offers must stay valid until Feb. 6. Copyright Reuters, 2014 ...
South Africa 2013 RBCT coal exports at 70.2 million tonnes JOHANNESBURG: South Africa exported 70.2 million tonnes of coal from the Richards Bay Coal Terminal in 2013, up from 68.3 million tonnes the previous year, data showed on Tuesday. Exports in December were 6.8 million tonnes, compared to 6.2 million tonnes the previous month. Africa's biggest economy - a major exporter of coal to power stations in Europe and Asia - had 3.1 million tonnes of coal stocks at the terminal at the end of ...
World biggest fish market set for new home TOKYO: As most of Tokyo sleeps, men in rubber boots haggle over tuna in the cavernous halls of Tsukiji market.The clang of a bell around 5:30 am kicks off the action at the world's biggest fish emporium. Traders flash hand signs and bellow out prices as they buy and sell what will soon end up on plates in the Japanese capital and beyond.Fins are lopped off to expose the red flesh among rows and rows ...
Egypt's wheat supply sufficient to last until April 7 CAIRO: Egypt's wheat supply is sufficient to last the country until April 7, the supplies minister told Reuters on Sunday. Mohamed Abu Shadi said in a phone interview the government aimed to maintain six months worth of wheat stockpiles. Shadi said last month that the country's wheat supply was sufficient to last until March 5. Copyright Reuters, 2013 ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln