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Middle East & Africa


Iraq buys 200,000 tonnes hard wheat from Canada, US Australia HAMBURG: Iraq's state grains board has purchased 200,000 tonnes of hard wheat to be sourced from Canada, the United States and Australia in an international tender for at least 50,000 tonnes, European traders said on Monday.The purchased comprised 100,000 tonnes of Canadian wheat, 50,000 tonnes of US wheat and 50,000 tonnes of Australian wheat, they said.Copyright Reuters, 2014 ...

Egypt says deal to import 120,000 T Russian wheat in Jan to be met CAIRO: Russian officials have assured Egypt that deals to import 120,000 tonnes of wheat for delivery in January will be met, the state Al-Ahram newspaper quoted Egypt's supplies minister, Khaled Hanafi, as saying on Friday. It said Hanafi called Russian officials from China, where he is accompanying the president on an official visit, and was told Egypt's deals would not be disrupted by planned export curbs, after confusion over the reach and timing of the ...
Egypt's sufficient wheat supply sufficient to last until late April CAIRO: Egypt has sufficient wheat supply to last until late April, just after the government will begin buying wheat from the local harvest, the supplies minister said in a statement on Sunday.Khaled Hanafi said the government would start procuring wheat from local farmers in mid-April. He said the state would pay farmers 420 Egyptian pounds ($59) per ardeb, the equivalent of around 150 kg. That is the same price it paid last year.The local price ...
Tanzania's top grade arabica coffee prices ease despite tight supply DAR ES SALAAM: The average prices of Tanzania's top grade arabica coffee fell at auction despite tight supply, taking a cue from lower prices at the New York market, the regulator Tanzania Coffee Board (TCB) said on Thursday.The east African nation, which ranks behind Ethiopia, Uganda and Ivory Coast in output, produces mainly arabica and a bit of robusta coffee. Prices of its arabica normally track the New York market while those of robusta take ...
Nicaragua coffee exports fall 6.4pc in November MANAGUA: Coffee exports from Nicaragua dipped 6.4 percent in November compared to the same month last year to total 31,668 60-kg bags, the national export center Cetrex said on Wednesday. Shipments during the first two months of the current 2014-15 harvesting season totaled 130,464 bags, a rise of 77.3 percent compared to the same two-month period during the previous 2013-14 season. The coffee season in Central America and Mexico, which together produce about a fifth ...
Jordan tenders to buy 100,000 tonnes hard wheat HAMBURG: Jordan's state grain buyer has issued an international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said on Monday.The tender closes on Dec. 10, they said. The wheat was sought in a range of shipment combinations in 50,000 tonne consignments between June 1 and July 31 2015, traders said.The wheat should be sourced from the 2014 or 2015 crop years, they said.In its last ...
Ivorian cocoa arrivals seen at 474,000 T by November 30 ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 474,000 tonnes by Nov. 30 since the start of the season on Oct. 1, exporters estimated on Monday, down from 522,000 tonnes in the same period of the previous season.Exporters estimated around 66,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between Nov. 24 and Nov. 30, down from 102,000 tonnes last year.Copyright Reuters, ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln