The Arab Republic of Egypt signed an agreement with a total value of half a billion dollars to buy wheat from the Emirati company, Al-Dhahra. quality, at a value of $100 million annually. The partnership between ADEX, the Egyptian General Authority for Supply Commodities and Al Dahra Company contributes to strengthening the strategic stock of grains and agricultural crops to ensure food security in Egypt. Egypt, a major buyer of wheat, is suffering from a foreign exchange crisis after it The Ukrainian crisis has delivered a massive shock to its economy.
There is no doubt that this strong step embodies the UAE's dedication to supporting a sister country in facing the challenges of food security, achieving self-sufficiency and mitigating the consequences of global unrest. It also reflects the extent of the UAE's commitment to strengthening economic and investment partnerships that benefit both countries
0 Comments
Post a Comment