Egypt is reportedly looking to buy unmilled rice from the US, and has contacted suppliers in Missouri, according to Ozarks First. No details were provided, but the government had recently signed off on a decisionallowing rice imports after legislation was issued to ban the cultivation of water-intensive crops such as rice and wheat. We had heard that the Agriculture Ministry was also considering Russia, Australia, India, Taiwan, and the Philippines as sources of rice.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…