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Egypt government approves plan to allow export of rice CAIRO: Egypt's government has approved plans to allow the export of rice, the supplies minister said on Thursday, bringing a major medium-grain rice exporter back into the international market for the first time since 2013.Traders would be allowed to export rice provided they sell the government one tonne of medium-grain rice at 2,000 Egyptian pounds($279.72) for every tonne of rice they export.Exporters would also have to pay a tariff of $280 per tonne exported, the minister said.Egypt first imposed a ban on exports in 2008 saying it needed to save the rice for local consumption and wanted to discourage rice farmers from growing the crop to save water.However, rice exporters have complained that the ban on free exports has led to the rise of a contraband trade by creating a large price difference between domestic and export markets.Copyright Reuters, 2014 ...

Uganda coffee exports fall 7pc yr/yr in September KAMPALA: Uganda coffee exports for September fell by 7 percent to 207, 927 60-kg bags of coffee compared with the same month a year ago, an industry source said on Thursday, extending a pattern of lower exports this year. Industry experts in Uganda, Africa's number one exporter of coffee which mostly cultivates the robusta variety, said the coffee yield is usually poorer in some parts of the country at this time of the year. "We're ...
Egypt to stop wheat imports until March CAIRO: Egypt, the world's biggest wheat importer, will stop purchasing wheat until March 2015, the supplies minister said on Saturday."After the recent purchase of 175,000 tonnes of French and Russian wheat to produce subsidized bread, the strategic reserve of wheat is enough to last until the first week of next March," Supplies Minister Khaled Hanafi said in a statement.The recent purchase consisted of 120,000 tonnes of French wheat and 55,000 tonnes of Russian wheat at ...
Ivorian cocoa arrivals seen at 1,719,000 tonnes by Sept 21 ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 1,719,000 tonnes by Sept. 21 since the start of the season on Oct. 2, exporters estimated on Monday, up from 1,462,000 tonnes in the same period of the previous season. Exporters estimated around 9,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between Sept. 15 and 21, down from 20,000 tonnes during the same ...
Iraq issues new tender to buy minimum 30,000 T rice HAMBURG: Iraq's state grains buyer has issued an international tender to buy at least 30,000 tonnes of rice, European traders said on Monday.The closing date for the tender is Monday, Sept. 22, and offers must be valid until Friday, Sept. 26.The rice can be sourced from the United States, Uruguay, Argentina, Brazil, Vietnam and Thailand. Thai white rice will be accepted, traders said.Copyright Reuters, 2014 ...
Uganda coffee exports seen rising 3pc in 2014/15 season KAMPALA: Uganda's coffee exports are likely to rise by 3 percent to 3.6 million 60-kg bags of the beans in the 2014/15 (Oct-Sep) crop year largely due to good weather and attractive prices.Uganda, Africa's number one exporter of coffee and which predominately cultivates the robusta variety, expects 2013/14 exports to hit a forecast for the season of 3.5 million bags.By the end of July, Uganda had shipped 3 million bags since the beginning of the ...
Uganda coffee exports seen rising in 2014/15 season KAMPALA: Uganda's coffee exports are likely to rise by 3 percent to 3.6 million 60-kg bags of the beans in the 2014/15 (Oct-Sep) crop year, an industry official said on Monday. The coffee exports will rise on the back of favourable rains and good farmgate prices, David Muwonge, head of marketing and production at the National Union of Coffee Agribusinesses and Farm Enterprises (NUCAFE), told Reuters.Copyright Reuters, 2014 ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln