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Saudi Arabia says buys 610,000 tonnes of hard wheat ABU DHABI: Saudi Arabia bought 610,000 tonnes of hard wheat in a tender for shipment periods between Dec. 1 and Jan.30 , the Grain Silos and Flour Mills Organisation (GSFMO) said on Monday. The accepted origins are the European Union, North and South America and Australia at the sellers' option, the GSFMO said. The wheat is to be shipped in 10 consignments, with 310,000 tonnes for shipment to the port of Jeddah and 300,000 tonnes for the port of Dammam, GSFMO Director General Waleed Elkhereiji said in a statement. Copyright Reuters, 2014 ...

Saudi Arabia says seeking 550,000 tonnes of hard wheat ABU DHABI: Saudi Arabia's state grain buyer, the Grain Silos and Flour Mills Organisation (GSFMO), said on Thursday it was seeking 550,000 tonnes of hard wheat in a tender. The wheat is for shipment during December and January, Waleed el Khereiji, Director General of GSFMO said.Of the total, 275,000 tonnes are for shipment to the port of Jeddah and 275,000 tonnes are for Dammam. The deadline for offers is Friday, he said.Copyright Reuters, 2014 ...
Top price of Kenyan tea dips at auction NAIROBI: The maximum price of Kenya's highest quality tea fell to $3.52 per kg at auction this week from $3.73 per kg last week, Africa Tea Brokers said on Tuesday. The east African nation is the world's leading exporter of black tea, and the crop is a leading foreign exchange earner for the economy, together with horticulture and tourism. Best Broken Pekoe Ones (BP1s) sold at $2.20-3.51 per kg during the sale held on Monday ...
Top price of Kenyan tea dips at auction NAIROBI: The maximum price of Kenya's highest quality tea fell to $3.52 per kg at auction this week from $3.73 per kg last week, Africa Tea Brokers said on Tuesday.The east African nation is the world's leading exporter of black tea, and the crop is a leading foreign exchange earner for the economy, together with horticulture and tourism.Best Broken Pekoe Ones (BP1s) sold at $2.20-3.51 per kg during the sale held on Monday and Tuesday, ...
Cameroon cocoa output slips 8 percent in 2013/14 season YAOUNDE: Cameroon's 2013/14 cocoa production slipped more than 8 percent to 209,905 tonnes compared with 228,948 tonnes the previous season, National Cocoa and Coffee Board (NCCB) data obtained on Friday showed. Cocoa bean exports from the world's fifth largest producer fell nearly 20 percent to 158,000 tonnes from 196,788 tonnes in the 2012/13 season. There were 5,828 tonnes of remaining stocks of beans at the end of the season on July 31. "We had expected ...
Saudi Arabia to cut Oct crude prices to Asia SINGAPORE: Top oil exporter Saudi Arabia is expected to cut October prices for all grades sold to Asia, reflecting weak demand and a stronger Oman price marker, trade sources said on Monday.Flagship Arab Light may also see the biggest cut in its official selling price (OSP) since February, a Reuters survey of four refiners showed.Three of four respondents expect Arab Light's October OSP to be reduced by at least $1 a barrel, the biggest since ...
Kenyan shilling hits lowest since January 2012 NAIROBI: The Kenyan shilling hit its lowest level since January 2012 on Monday, weighed down by concerns that hard currency inflows would be hit by a slump in tourism.At the 1300 GMT close of trade, commercial banks posted the shilling at 88.65/75 per dollar, weaker than Friday's close of 88.25/35.Concerns over dollar inflows have grown in recent months, in large part due to falling business in the key tourist industry, which has been hurt by ...

 



 
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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