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Egypt
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Politics
5/29/2022 5:31:50 PM
Minister of Supply and Internal Trade Ali Moselhi told the Senate on Sunday that Egypt is doing its best to achieve greater self-sufficiency in wheat production, aiming “to meet 65 percent of domestic needs by the year 2024.”
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World
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Region
5/29/2022 10:30:01 AM
Salah Chelab crushed a husk of wheat plucked from his sprawling farmland south of Baghdad and inspected its seeds in the palm of one hand. They were several grams lighter than he hoped.
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Business
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Economy
5/26/2022 10:08:47 PM
Egypt has received around three million tons of wheat from local farmers since the start of harvest season in early April, Supply Minister Ali Moselhi told Prime Minister Mostafa Madbouly during a meeting on Thursday, which amounts to nearly half the quantities the country targets from local market.
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War in Ukraine
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Diplomacy
5/26/2022 7:20:57 PM
Moscow is ready to make a "significant contribution" to averting a looming food crisis if the West lifts sanctions imposed on Russia over Ukraine, President Vladimir Putin said in a telephone call with Italy's Prime Minister Mario Draghi.
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Al-Ahram Weekly
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Economy
5/25/2022 11:42:00 AM
The search is on for alternatives to Russian and Ukrainian wheat, even as Egypt’s homegrown supply season will continue until the end of August.
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Business
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Economy
5/23/2022 9:21:18 PM
Heeding the warning signs before the Russia-Ukraine war, Egypt started its efforts to ensure that its required annual supply of wheat is secured. For this to happen, Egypt has had to increase its locally cultivated wheat and to diversify the sources of wheat imports.
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Egypt
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Society
5/19/2022 2:50:22 PM
Egypt currently has a strategic reserve of wheat that can cover domestic consumption for four months, the Egyptian Cabinet's media centre said on Thursday.
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Business
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Economy
5/16/2022 12:43:34 PM
Wheat prices surged to a new record high in European trading on Monday after India decided to ban exports of the commodity as a heatwave hit production.
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Egypt
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Economy
5/14/2022 6:43:59 PM
The first shipment of Indian wheat, which is set to arrive in Egypt soon, complies with the international phytosanitary standards and all the Egyptian agricultural quarantine requirements, the Egyptian Ministry of Agriculture and Land Reclamation said in a statement on Saturday.
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War in Ukraine
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Economy
5/14/2022 6:26:54 PM
India banned wheat exports without government approval Saturday after its hottest March on record hit production, in a blow to countries reeling from supply shortages and soaring prices since Russia's invasion of Ukraine.
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War in Ukraine
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Economy
5/12/2022 4:40:06 PM
The European Commission proposed helping Ukraine export its wheat and other grains by rail, road and river to get around a Russian blockade of Black Sea ports, which is preventing those critical supplies from reaching parts of the world at risk of food insecurity.
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Business
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Economy
5/10/2022 1:18:01 PM
Egypt’s headline annual inflation rate accelerated to 14.9 percent in April, up from the 12.1 percent recorded in March and 4.4 percent in the corresponding month in 2021, the Central Agency for Public Mobilisation and Statistics (CAPMAS) announced on Tuesday.
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Business
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Economy
5/5/2022 4:19:58 PM
India has no plans to curb wheat exports -- needed to help plug the gap left by the Ukraine war -- despite the current heatwave hitting output, the government said.
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Business
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Economy
4/25/2022 8:12:46 PM
The Ministry of Supply and Internal Trade announced on Monday that it would reverse its decision to cut by 10 percent its supply of local wheat to municipal bakeries starting 1 May.
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Al-Ahram Weekly
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Egypt
4/23/2022 2:00:00 PM
The government is diversifying international suppliers and providing additional incentives to local farmers in efforts to manage rising wheat prices in the wake of the conflict in Ukraine.
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Egypt
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Politics
4/21/2022 12:39:55 PM
President Abdel-Fattah El-Sisi signalled the beginning of the wheat harvest season in Toshka's agricultural lands in the Upper Egypt governorate of Aswan on Thursday morning, the presidential spokesman said.
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Business
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Economy
4/15/2022 12:43:00 PM
Egyptian Minister of Agriculture El-Sayed El-Quseir announced on Thursday that India is the latest in the list of countries that will serve as alternate sources of wheat for Egypt following the disruption in the country's wheat supply due to the Russia-Ukraine conflict.
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Business
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Economy
4/13/2022 10:18:00 PM
The General Authority for Supply Commodities (GASC) said on Wednesday that it has signed contracts to import 350,000 tons of wheat from European countries.
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World
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Region
4/12/2022 10:40:37 AM
The wheat fields of northern Yemen stretch into the distance but they aren't enough to nourish a country where millions go hungry.
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Business
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Economy
4/4/2022 4:24:51 PM
The Egyptian government allocated EGP 1.1 billion for the General Authority for Supply Commodities and the Agricultural Bank of Egypt in order to finance local wheat crop procurement from farmers, Minister of Finance Mohamed Maait announced on Monday.
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