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Middle East & Africa


Egypt's domestic wheat purchases at 3.7mn tonnes from harvest CAIRO: Egypt, the world's top wheat importer, has purchased 3.7 million tonnes of domestic wheat from its local harvest that ended last week, on par with its purchases last year, the state news agency quoted a senior official as saying. Mamdouh Abdel Fattah, vice chairman of Egypt's main state-buyer, the General Authority of Supply Commodities (GASC), also said in a statement carried by state news agency MENA on Monday evening that the state had paid 10 billion Egyptian pounds ($1.40 billion) owed to farmers. Copyright Reuters, 2014 ...

Egypt GASC seeks wheat for Aug 1-10 shipment ABU DHABI: Egypt's General Authority for Supply Commodities (GASC) set a tender on Friday to buy an unspecified amount of wheat from global suppliers for shipment from August 1 to 10.Mamdouh Abdel Fattah, vice chairman of GASC, the country's main wheat buying agency and one of the world's biggest state importers of wheat, is seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, ...
Uganda May coffee exports 286,668 bags, down 15pc yr/yr KAMPALA: Uganda exported 286,668 bags of coffee in May, down 15 percent from the 393,783 bags exported in May of last year, a source at coffee regulator UCDA said on Monday. "It is at the tail-end of harvest in the south and south western region so yields are also declining and heavy rains in some parts of the region also disrupted transportation of stocks from rural areas," the source at the state agency said. The ...
Egypt's SIIC seeking 50,000 tonnes raw sugar in tender ABU DHABI: Egyptian state buyer Sugar and Integrated Industries Co. (SIIC) said on Saturday it had issued an international tender to buy 50,000 tonnes of raw sugar.The tender deadline is Saturday and results are expected over the weekend, a source at SIIC said.The sugar is sought for arrival between September 1 and 15, he said.Copyright Reuters, 2014 ...
Highest price of top Kenya tea grade dips at latest sale NAIROBI: The highest price for top-grade Kenyan tea dipped to $3.16 per kg at this week's auction from $3.28 per kg last week, Tea Brokers East Africa said on Tuesday.Kenya is the world's leading exporter of black tea. The crop is a main source of foreign exchange for the east African economy, together with horticultural products and tourism.Prices for Best Broken Pekoe Ones (BP1s) sold at $2.05-$3.16 per kg compared with $2.16-$3.28 per kg last ...
Syria's Hoboob says sells 200,000 tonnes wheat to Iraq ABU DHABI: Syria's state cereal body, the General Establishment for Processing and Trade (Hoboob), said on Tuesday it had sold 200,000 tonnes of wheat to neighbouring Iraq in a tender.The wheat was sold at 206 euros per tonne, free on trucks, a source at Hoboob told Reuters.Hoboob said it sold 100,000 tonnes of soft wheat and 100,000 of durum wheat.Syria launched a tender for a second time last month to sell wheat to Iraq from ...
Saudi wheat imports to reach 2.7mn tonnes this year PARIS: Saudi Arabia's Grain Silos and Flour Mills Organisation expects its wheat imports to rise to 2.7 million tonnes this year as the country continues to phase out local production, GSFMO's Director General Waleed Elkhereiji said on Tuesday.Saudi Arabia imported about 2.6 million tonnes of wheat last year, he told Reuters on the sidelines of the International Grains Council's annual conference in London.The expected import volume in 2014 would include about 200,000 tonnes of soft ...


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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