Egypt's strategic wheat reserve sufficient for 5.3 months: minister

STORY: Egypt's strategic wheat reserve sufficient for 5.3 months: minister SHOOTING TIME: Archives DATELINE: May 29, 2024 LENGTH: 00:01:06 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egyptian Minister of Supply and Internal Trade Ali Moselhi speaking (File) 2. various of wheat, sugar and oil STORYLINE: Egyptian Supply and Internal Trade Minister Ali Moselhi said on Tuesday that the country's strategic reserve of wheat is enough to last for 5.3 months, while sugar reserves are sufficient until February 2025. The minister added that oil reserves are sufficient for 6.2 months, and rice and pasta for two months. Egypt, the world's largest wheat importer, suffers from global supply chain interruptions and price hikes due to the Russia-Ukraine conflict. The country imports two-thirds of its annual consumption of 18 million tonnes of wheat, according to the state-run Ahram newspaper. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

Egypt seeks to secure 3.5 mln tonnes of local wheat in 2024 supply season

STORY: Egypt seeks to secure 3.5 mln tonnes of local wheat in 2024 supply season SHOOTING TIME: Archive DATELINE: April 14, 2024 LENGTH: 00:01:04 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Ministry of Supply and Internal Trade 2. shot of the minister of supply and internal trade speaking 3. various of wheat harvesting STORYLINE: Egypt's Ministry of Supply and Internal Trade has announced that its silos and receiving points will commence the purchase of local wheat from farmers starting Monday. According to Ali Moselhi, minister of supply and internal trade, Egypt has set its sights on acquiring 3.5 million tonnes of local wheat in the 2024 procurement season. The ministry further emphasized that farmers will receive their financial dues within 24 hours just after supplying the wheat quantities. While wheat supplying remains optional this season, the ministry pointed out that transporting wheat from one location to another, without an official permit in the respective gover