Wheat
That is in tandem with setting a plan to connect them with railways and inland ports.
Maait addressed one of the key priorities outlined in the new budget, which sets aside LE 40.5 billion to support productive activities and enhance export capabilities.
In an effort to strengthen its position in the global grain market, the Egyptian Holding Company for Silos and Storage (EHCSS) has initiated discussions with the Russian government regarding the establishment of a grain center in Egypt's East Al-Tafria area in Port Said, Al-Moselhi added.
The Red Sea Ports Authority revealed that the Safaga Port in the Red Sea received a shipment of wheat on board the ship AAI EVOLUTION.
This goal is outlined in the economic development plan document for the current fiscal year 2023/2024, as presented by the Minister of Planning, Hala Al-Saeed.
This goal is outlined in the economic development plan document for the current fiscal year 2023/2024, as presented by the Minister of Planning, Hala Al-Saeed.
Minister Moselhi emphasized that Egypt’s strategic reserves of wheat can sufficiently cover Egyptians’ needs for 4 and a half months
During the meeting, El-Quseir also discussed the status of a variety of agricultural crops, stressing that they are available in the markets in appropriate quantities and prices
Egypt raises the local wheat procurement price from LE 1500 to LE 1600 per wheat ardeb
Abou Saddam pointed out that Egypt currently grows only 50 percent of its consumption of wheat.
This move could potentially provide Egypt with a cost-effective alternative to Russian grain imports. Russia has been supplying an increasing share of Egypt's wheat since last year, but they recently refused a purchase deal below the unofficial minimum price for wheat procurement.
Egypt and France have the same visions in the importance of a ceasefire, sending aid, and launching a national dialogue between all components of the Sudanese people. He called for developing a road map in the future to address the crisis.
Egypt might increase its purchases of Russian wheat and subsequently re-export wheat and other grains to neighboring countries if a logistics distribution center is established in the Suez Canal Economic Zone.
Farmers are working with the government to cultivate all the area to be planted with 100% certified seeds to increase our production of wheat, he added in a statement on Saturday.
The International Cooperation Ministry released Q&As reviewing the efforts to enhance food security and the international partnerships concluded by the Ministry of International Cooperation over the past period.
The General Authority for Supply Commodities (GASC) said it had reached an agreement to purchase 360,000 tons of Russian and Romanian wheat through an international tender.
Indian Prime Minister Narendra Modi said Egypt and India are moving forward quickly to achieve the goal of boosting their trade exchange to $12 billion within five years, the Egyptian Cabinet said in a statement.
During laying the foundation stone for two new logistical and commercial areas in Kafr El-Sheikh Governorate, on an area of 22 acres with investments of approximately EGP 6 billion, he added that the domestic wheat supply from the local farmers has reached 3.630 million tons since the beginning of the season in mid-April 2023.
The ambassador stipulated that Egypt backs all efforts that would guarantee the flow of grain exports from all world countries to the global market.
President Abdel Fatah al-Sisi launched Sunday the wheat harvest season, and inaugurated a potato processing factory at East Owainat in the New Valley.
