INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Egypt turns to India to import much needed wheat

Umm Abdo prepares bread for the family in her home at Zerzara village on the west bank of the Nile river, off of Egypt's southern city of Aswan, on February 26, 2022. (Photo by Khaled DESOUKI / AFP)
  • El-Said Marzouq El-Qosair, Egypt’s minister of agriculture and land reclamation, said this comes within the framework of the state’s efforts to secure new sources of wheat
  • Egypt is the largest importer of wheat in the world and depends on Russia and Ukraine, which have been in conflict for nearly two months

Egypt will import wheat from India to compensate for the loss of wheat supplies from Ukraine and Russia, the north African nation’s main sources of wheat.

El-Said Marzouq El-Qosair, Egypt’s minister of agriculture and land reclamation, said this comes within the framework of the state’s efforts to secure new sources of wheat.

Egypt is the largest importer of wheat in the world and depends on Russia and Ukraine, which have been in conflict for nearly two months, raising concerns about supplies.

An Egyptian delegation went to India to discuss wheat imports, visiting fields and grain stores in various regions. The two sides also discussed facilitating the flow of Egyptian agricultural exports to India.