Egypt mulls importing 500,000 tons of wheat from France, Bulgaria

Egypt mulls importing 500,000 tons of wheat from France, Bulgaria

Egypt mulls importing 500,000 tons of wheat from France, BulgariaWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>ECONOMY>North Africa>Egypt mulls importing 50...PHOTOEgypt is considering importing nearly 500,000 ton of wheat from France and Bulgaria, Asharq business reported on September 20th, citing unnamed sources familiar with the matter.This came after Russia halted supplying wheat, objecting to the pricing of a mega-deal, the sources added, noting that the authorities in Moscow seek to impose an unofficial minimum price on grain deals.In August, it was reported that Egypt was expected to benefit from the five-year $500 million financing offered by the UAE to supply the country with wheat in January 2024.Copyright © 2022 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).MOST READ1.Visa reforms, Riyadh Air to propel Saudi tourism boom 2.An overvalued Egyptian pound