CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Middle East Business

Egypt says wheat reserves sufficient for 4 months

Published: 23 Oct 2017 - 05:51 pm | Last Updated: 10 Nov 2021 - 05:18 pm
A man holds wheat at the grain silos in Cairo, Egypt, October 4, 2017 (Reuters / Mohamed Abd El Ghany)

A man holds wheat at the grain silos in Cairo, Egypt, October 4, 2017 (Reuters / Mohamed Abd El Ghany)

Reuters

CAIRO:  Egypt’s supply minister said on Monday the country has wheat reserves sufficient for four months and sugar reserves for 5.2 months.

Egypt also has vegetable oils for the next 3.2 months and its rice reserves are sufficient for one month’s consumption, Supply Minister Ali Meselhi told a press conference on Monday.

The minister added that the two Romanian and French wheat cargoes that were held over containing poppy seeds have been released and will be added to strategic stocks. 

(Reporting by Moemen Abdelkhalek; Writing by Arwa Gaballa, editing by David Evans)