Wednesday, 27 February 2013 17:25
Posted by Abdul Ahad
CAIRO: Egypt, the world's biggest wheat importer, has strategic stocks of nearly 2.3 million tonnes of the grain from international and local markets, enough to last until late May, the country's supplies minister said on Wednesday."The strategic government stocks of local and imported wheat have dropped to 2.292 million tonnes, enough for 95 days or until 29 May 2013, compared to 101 days last week," Bassem Ouda, supplies minister, said in a report presented to ...
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ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 954,000 tonnes by March 10 since the start of the season in October, exporters estimated on Monday, compared with 1,015,000 tonnes in the same period of the previous season. Exporters estimated around 15,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between March 4 and 10, up from 10,000 tonnes in the same week a year ago. Copyright Reuters, 2013 ...
KHARTOUM: Sudan expects 20 more companies to start producing gold this year and will allocate more land for investors for mineral exploration, its mining minister told state news agency SUNA on Monday.
Sudan has licensed almost 100 companies to search and produce gold as it seeks to boost output of minerals to gain new sources of state income and of foreign currency needed to fund imports.
Gold has now become Sudan's biggest export product, partially replacing oil ...
ABIDJAN: Cocoa arrivals at ports in Ivory Coast had reached around 939,000 tonnes by March 3 since the start of the season, exporters estimated on Monday, compared with 1,005,000 tonnes in the same period of the previous season.
Exporters estimated around 16,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between Feb. 25 and March 3, up from 10,000 tonnes in the same week a year ago.
Harvesting ...
RIYADH: Saudi Arabia bought 465,000 tonnes of hard wheat (12.5 percent protein minimum) and 110,000 tonnes of soft wheat (11 percent protein minimum) for delivery between June-August 2013 from six international suppliers, its Grain Silos and Flour Mills Organisation (GSFMO) said on Sunday.The shipment will be sent to the kingdom's ports in Jeddah and Dammam. The wheat was tendered last week. Copyright AFP (Agence France-Presse), 2013 ...
CAIRO: Egypt, the world's biggest wheat importer, has strategic stocks of nearly 2.3 million tonnes of the grain from international and local markets, enough to last until late May, the country's supplies minister said on Wednesday."The strategic government stocks of local and imported wheat have dropped to 2.292 million tonnes, enough for 95 days or until 29 May 2013, compared to 101 days last week," Bassem Ouda, supplies minister, said in a report presented to ...
CAIRO: Egypt's domestic wheat crop is expected to rise sharply in 2012-2013, a top official said on Sunday, adding that the state had not cut funds for overall grains purchases despite a rising budget deficit and falling foreign currency reserves. Nomani Nomani, adviser to Egypt's supply minister, told Reuters that the higher local wheat production was due to incentives offered to farmers. Nomani, who until last week was in charge of imports at state grains ...
CIARO: Nomani Nomani, vice chairman of Egypt's state grains buyer GASC, has left his job after more than three years overseeing strategic buying for the world's biggest importer of wheat.
Nomani's replacement at the agency is Mamdouh Abdel Fattah. Nomani said he will now become an adviser to the supply minister.
"I got promoted to become an adviser to the minister of trade and supplies, which means that I will no longer handle the wheat bidding and ...
