SAWT BEIRUT INTERNATIONAL

| 5 December 2024, Thursday |

Egypt in talks with UAE-based ADCB for funding wheat purchases

 Egypt is in talks with UAE-based Abu Dhabi Commercial Bank (ADBC) for the potential financing of its wheat purchases, Supply Minister Ali Moselhy said on Sunday.

Reuters reported last week that the country was in early talks with an Abu Dhabi-based bank for a loan facility for wheat purchases from Kazakhstan.

    Source:
  • Reuters