Nayera Abdallah

1 week ago | zawya.com | Nayera Abdallah

Egypt could significantly reduce its wheat imports this year as domestic procurement is expected to reach up to 5 million metric tons, compared to 3.5 million tonnes last year, Supply Minister Sherif Farouk told reporters on Monday. "Increasing wheat procurement is a welcome development. We could exceed 4 million tons, even reach 5," Farouk said.

2 weeks ago | zawya.com | Nayera Abdallah

Two of Egypt's largest fertiliser producers said on Wednesday they had received official notification of a two-week reduction in natural gas supply to their plants, triggering an immediate drop in production. Abu Qir Fertilizers and Chemical Industries and Misr Fertilizers Production both said in stock exchange statements that they expected output to drop by 30% during the period.

2 weeks ago | zawya.com | Nayera Abdallah |Michael Hogan

DUBAI - Saudi Arabia bought 621,000 metric tons of wheat in a tender for arrival in August to October, the kingdom's main state wheat buying agency the General Food Security Authority (GFSA) said on Monday. The purchase involved hard wheat with 12.5% protein content. Origins offered were the European Union, Black Sea region, North America, South America and Australia with the sellers having the option of selecting the origin supplied, GFSA governor Ahmad Al-Fares said in a statement.

3 weeks ago | azdailysun.com | Nayera Abdallah |Yousef Saba

DUBAI — President Donald Trump said on Friday on his last stop on a Gulf tour focused on business deals that the United Arab Emirates and the United States had agreed a path for the Gulf country to buy advanced artificial intelligence semiconductors from U.S. companies, a major win for Abu Dhabi's efforts to become a global AI hub.

3 weeks ago | azdailysun.com | Nayera Abdallah |Yousef Saba |Federico Maccioni

By Nayera Abdallah, Yousef Saba and Federico MaccioniDUBAI (Reuters) - President Donald Trump said on Friday on his last stop on a Gulf tour focused on business deals that the United Arab Emirates and the United States had agreed a path for the Gulf country to buy advanced AI semiconductors from U.S. companies, a major win for Abu Dhabi's efforts to become a global AI hub.