Egypt will start buying local wheat from farmers at the average global price starting next season changing the way it subsidises its wheat growers, the cabinet said in a statement on Thursday.
In previous years Egypt annually fixe
Iran, the second-largest consumer of wheat in the Middle East region, plans to export 400,000 metric tonnes of the grain after domestic supplies expanded enough to meet local demand.
Iran purchased 8.08 million tonnes of wheat fro
The Bahrain Flour Mills Company is planning to sue the agriculture and marine resources agency for refusing to grant it permission to export subsidised wheat bran. The agency has claimed that the export of subsidised goods is banned under a Ca
Iraq's local wheat harvest fell to 3.25 million tonnes in 2015 from 3.4 million last year as the country strives for self-sufficiency, the Iraqi Grain Board said in a statement on Wednesday.
“Local wheat production cover
Egypt has agreed to export Egyptian cotton to Ukraine in exchange for importing Ukrainian wheat, Egypt's state news agency Mena reported on Wednesday.
Agriculture Minister Salah Helal agreed the deal with his Ukrainian counter
Blumberg Grain, a leading US-based food security company, said it has joined hands with the Egyptian government to implement the Middle East and North Africa’s largest integrated food security network for grain storage.
Warships from the Saudi-led coalition have blocked a vessel carrying more than 47,000 tonnes of wheat from entering a Yemeni port, demanding United Nations guarantees that the cargo would not go to military personnel, shipping sources said on Th
Private Iranian companies have bought about 85,000 tonnes of wheat to be sourced from the European Union and Black Sea regions in their first purchases for several weeks, European traders said on Thursday.
The grain was for March
Egypt, the world's top wheat importer, has bought around 2.9 million tonnes of wheat during the first half of 2014-2015 fiscal year, a top official said in a report.
According to Mamdouh Abdel Fattah - vice chairman of the Gen
Egypt and two companies from its strong backer UAE have embarked on an ambitious plan to grow wheat in the desert that could boost the Cairo government's credibility if successful.
Egypt, the world's biggest wheat importer