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Middle East & Africa


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 total, 365,000 tonnes are for shipment to the port of Jeddah and 350,000 tonnes to the port of Dammam, Waleed Elkhereiji, director general of GSFMO said in a statement. Saudi Arabia has become a major importer of hard and soft wheat since abandoning plans for self-sufficiency in wheat in 2008 as farming in the desert strained water supplies.Copyright Reuters, 2014 ...

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 ...
South Africa's lowers wheat output forecast to 1.75mn tonnes JOHANNESBURG: South Africa lowered its 2013 wheat output forecast to 1.750 million tonnes from 1.752 million tonnes previously, the Crop Estimates Committee said on Friday. Copyright Reuters, 2013 ...
Uganda coffee exports jump 13pc in November KAMPALA: Uganda's coffee exports rose 13 percent in November from the same period in 2012, helped by increased yields in some growing areas, a source at industry regulator Uganda Coffee Development Authority (UCDA) said on Tuesday. Uganda is one of Africa's biggest coffee exporters and the crop is one of the government's main sources of foreign currency. "We are seeing a good crop but also farmers needed money for Christmas so they were forced to ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln