Business

    A five-year wheat supply deal worth up to US$500 million has been officially enacted between the UAE and Egypt. Al Dahra Agriculture Trading will deliver imported wheat to Egypt’s General Authority for Supply Commodities under this arrangement. The purchases are financed through the Abu Dhabi Exports Office. This agreement operationalizes a framework established in 2023 and sets the conditions for wheat transactions between Al Dahra and GASC over the next five years.