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Egypt signs USD 500 mn financing agreement to purchase wheat from UAE’s Al Dahra
The Abu Dhabi Exports Office is providing low-cost financing
Kharafi National borrows EGP 1.65 bn to expand in the local market
ADI Capital was the financial advisor on the loan
Egypt buys more Russian wheat as Moscow mulls mates’ rates
Russia is wielding its grain powerhouse status as a political tool
Thndr to debut in Saudi Arabia next year, says CEO. PLUS: News from aiBank, an export subsidy boost, and another wheat tender
The company is looking into acquiring a license in Abu Dhabi
Washington Post asks: Where did all the green go?
Plus: AP talks to Cairenes about food concerns following Russia’s suspension of the Black sea grain pact
Mienta to invest USD 5 mn in new factory in SCZone. PLUS: News from the National Dialogue, Dragon Oil, Heliopolis Housing + BanknBox
The factory will produce small home appliances and start operating in 2024
UAE could help finance wheat purchases, says Supply Ministry
Egypt wants to continue to purchase Ukrainian wheat despite Russian blockade, says supply minister
Last Night’s Talk Shows: Building collapse kills 13, dengue fever spreads in Qena
The five-storey building collapsed after a resident demolished a wall to carry out renovations, officials say
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