Egypt’s hunt for wheat gains urgency

Low supply: A farmer carries a bundle of wheat after harvesting it from a field in Egypt. The country is the world’s biggest wheat-buyer, regularly getting low-cost supplies from Russia and Ukraine. — Reuters

LONDON: Egypt, the world’s biggest wheat buyer, is accelerating efforts to ensure the supplies needed to feed its citizens as the war in Ukraine upends the global grains trade.

The Egyptian government buys wheat in regular international tenders, which have for years been dominated by low-cost supplies from Russia and Ukraine.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

Walgreens quarterly profit beats estimates on strong pharmacy performance
Kamunting Management to buy remaining 40% stake in E&O for RM46.95mil
Ringgit closes higher as demand for US$ weakens
PT Resources takes a longer-term view for growth
Press Metal, PChem lead CI rally on Bursa Malaysia
Alibaba to split into six units, likely to pursue separate IPOs
Carimin Petroleum accepts vessel supply order from PETRONAS Carigali
Puncak Niaga appointed sub-contractor for Johor pipe replacement programme
Perdana Petroleum bags vessel supply contract from PETRONAS Carigali
Nestle to examine banking relationships following Credit Suisse downfall

Others Also Read