{"id":606900,"date":"2023-09-24T00:00:00","date_gmt":"2023-09-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/"},"modified":"2023-09-24T00:00:00","modified_gmt":"2023-09-24T00:00:00","slug":"egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/","title":{"rendered":"Egypt is looking to Abu Dhabi again to finance wheat imports"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> We\u2019re looking for more funding from the UAE to fund wheat imports: <\/strong>Egypt is in talks with an unnamed Emirati bank to finance wheat purchases from Kazakhstan, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/egypt-talks-emirati-funding-buy-kazakh-wheat-traders-2023-09-21\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing three traders it says have knowledge of the matter. The value and terms of the loan as well as the amount and price of the wheat purchase it would cover are yet to be determined, the sources said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> A lower-priced alternative to Russian grain? <\/strong>Kazakhstan could provide a better-priced option after Moscow reportedly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/947809e6-17d4-440a-aea1-3c60de7c3753\" style=\"\" rel=\"noopener\">int<\/a> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/947809e6-17d4-440a-aea1-3c60de7c3753\" style=\"\" rel=\"noopener\">ervened to st<\/a> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/947809e6-17d4-440a-aea1-3c60de7c3753\" style=\"\" rel=\"noopener\">op<\/a> at least one recent purchase of Russian wheat by state grain buyer GASC on grounds that the pricing undercut an unofficial price floor. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Shipping could prove a problem: <\/strong> Traders are quoted as telling Reuters any purchase of Kazakh wheat could be logistically challenging since delivering the wheat from the landlocked Central Asian country would require sending it overland through other countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> This wouldn\u2019t be the first time the UAE finances our wheat: <\/strong>The potential transaction would be the second Emirati-funded wheat purchase after Egypt signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fc058119-57bb-462d-94ea-26a53bddad6f\" style=\"\" rel=\"noopener\">USD 500 mn<\/a> agreement with the Abu Dhabi Exports Office in August to purchase wheat from Emirati agribusiness Al Dahra. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Remember: <\/strong>Egypt, the world\u2019s largest wheat importer, has received funding from international lenders to purchase grain since the Russia-Ukraine war disrupted the global food markets, which helped trigger a prolonged FX crunch in Egypt and sent wheat prices soaring. Aside from the ADEX loan, the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/641511ec-c42a-4cf5-a975-49161d01b1f4\" style=\"\" rel=\"noopener\">World Bank<\/a>, the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/641511ec-c42a-4cf5-a975-49161d01b1f4\" style=\"\" rel=\"noopener\">International Islamic Trade Finance Corporation<\/a> and others have together provided bns of USD in loans for wheat imports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Meanwhile, we\u2019re getting a Ukrainian wheat shipment soon: <\/strong>Ukraine has dispatched a grain shipment from the Black Sea port of Chornomorsk to Egypt on Friday, loading nearly 18k ton of wheat, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/second-vessel-leaves-ukraines-black-sea-port-after-loading-grain-source-2023-09-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> and <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-22\/second-ship-loaded-with-ukrainian-grain-leaves-black-sea-port#xj4y7vzkg\" style=\"\" rel=\"noopener\">Bloomberg<\/a> write, citing the Ukrainian Infrastructure Minister Oleksandr Kubrakov\u2019s <a target=\"_blank\" href=\"https:\/\/twitter.com\/OlKubrakov\/status\/1705114795525947637\" style=\"\" rel=\"noopener\">post on X<\/a>. This is the second major grain shipment leaving the Ukrainian port after Russia withdrew from the Black Sea Grain pact in July; the wheat is traveling through a temporary maritime corridor that runs parallel to the Romanian and Bulgarian coasts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GASC is negotiating to buy Kazakh wheat at the lowest price<\/p>\n","protected":false},"author":1,"featured_media":606901,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7305],"tags":[317,6680,72,564,7091,565,550,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-606900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","tag-commodities","tag-egypt-uae-relations","tag-enterpriseam","tag-food","tag-food-prices","tag-food-security","tag-gasc","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"e5a7202e-a9e1-4837-85eb-15b1f118cb08","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/9\/1400.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt in talks to borrow from UAE to purchase Kazakh wheat","related_issue":[606893],"teaser":"GASC is negotiating to buy Kazakh wheat at the lowest price","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/9\/.beec8e75-3d60-45bf-ac6e-764e4344811b.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt is looking to Abu Dhabi again to finance wheat imports - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt is looking to Abu Dhabi again to finance wheat imports\" \/>\n<meta property=\"og:description\" content=\"GASC is negotiating to buy Kazakh wheat at the lowest price\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-24T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt is looking to Abu Dhabi again to finance wheat imports\",\"datePublished\":\"2023-09-24T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/\"},\"wordCount\":360,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"Egypt-UAE relations\",\"EnterpriseAM\",\"food\",\"food prices\",\"food security\",\"GASC\",\"wheat\"],\"articleSection\":[\"Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/\",\"name\":\"Egypt is looking to Abu Dhabi again to finance wheat imports - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-09-24T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt is looking to Abu Dhabi again to finance wheat imports\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt is looking to Abu Dhabi again to finance wheat imports - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/","og_locale":"en_US","og_type":"article","og_title":"Egypt is looking to Abu Dhabi again to finance wheat imports","og_description":"GASC is negotiating to buy Kazakh wheat at the lowest price","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-09-24T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt is looking to Abu Dhabi again to finance wheat imports","datePublished":"2023-09-24T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/"},"wordCount":360,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1","keywords":["commodities","Egypt-UAE relations","EnterpriseAM","food","food prices","food security","GASC","wheat"],"articleSection":["Commodities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/","name":"Egypt is looking to Abu Dhabi again to finance wheat imports - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1","datePublished":"2023-09-24T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/egypt-is-looking-to-abu-dhabi-again-to-finance-wheat-imports\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt is looking to Abu Dhabi again to finance wheat imports"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1400.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":543667,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/private-sector-eclipses-gasc-as-egypts-leading-wheat-importer\/","url_meta":{"origin":606900,"position":0},"title":"Private sector eclipses GASC as Egypt\u2019s leading wheat importer","author":"enterpriseam admin","date":"13 February 2022","format":false,"excerpt":"The private sector was Egypt\u2019s leading wheat importer last year: Private sector wheat imports surpassed purchases by the state-run General Authority for Supply Commodities (GASC) in 2021 \u2014 and could continue to lead Egypt\u2019s wheat imports, Reuters reports, citing industry experts.In numbers: The private sector imported 6.9 mn tonnes of\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/164.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550099,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/gasc-will-let-private-mills-buy-its-wheat-to-help-ease-imports-squeeze\/","url_meta":{"origin":606900,"position":1},"title":"GASC will let private mills buy its wheat to help ease imports squeeze","author":"enterpriseam admin","date":"13 October 2022","format":false,"excerpt":"GASC to sell wheat to struggling private sector: State grain buyer GASC will on Saturday start selling wheat to mills producing 72% extraction wheat flour, which is used to make unsubsidized bread, pasta, and other foods. The move will last for one month and comes to prevent a rise in\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/218.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572123,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/11\/state-grain-buyer-gasc-has-purchased-120k-tonnes-of-russian-wheat\/","url_meta":{"origin":606900,"position":2},"title":"State grain buyer GASC has purchased 120k tonnes of Russian wheat","author":"enterpriseam admin","date":"11 June 2020","format":false,"excerpt":"State grain buyer GASC purchased yesterday 120k tonnes of Russian wheat, according to Reuters. The shipment will bring Egypt\u2019s total wheat imports during the local harvest season to 600k tonnes, inching the country closer towards its 800k tonne target.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":607150,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/27\/big-russia-wheat-buy\/","url_meta":{"origin":606900,"position":3},"title":"Big Russia wheat buy?","author":"enterpriseam admin","date":"27 September 2023","format":false,"excerpt":"Moscow blocked a 480k-ton wheat shipment earlier this month","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/113.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574560,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/14\/egypt-imports-6-6-mn-tonnes-of-wheat-in-2020-gasc-acquires-51-of-imported-wheat\/","url_meta":{"origin":606900,"position":4},"title":"Egypt imports 6.6 mn tonnes of wheat in 2020, GASC acquires 51% of imported wheat","author":"enterpriseam admin","date":"14 September 2020","format":false,"excerpt":"State grain buyer GASC and private sector firms imported a combined 6.6 mn tonnes of wheat so far this year, the local press reports. The news comes after the government looked to shore up its strategic reserves in the wake of threats to the global market from covid-19. GASC accounted\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603777,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/uae-wheat-finance-pact-to-kick-in-by-january\/","url_meta":{"origin":606900,"position":5},"title":"UAE wheat finance pact to kick in by January","author":"enterpriseam admin","date":"21 August 2023","format":false,"excerpt":"The supply minister expects MPs to vote on the agreement after parliament reconvenes in October","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/917.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/606900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=606900"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/606900\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/606893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/606901"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=606900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=606900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=606900"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=606900"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=606900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}