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UAE signs $500M wheat supply deal with Egypt
Al Dhahira Agricultural Trading Company in Abu Dhabi has signed a strategic agreement worth $500 million with the General Authority for Commodities Supply in Egypt to supply wheat over a five-year period. The goal of the agreement is to secure reliable and sustainable wheat supplies, strengthen economic cooperation between the UAE and Egypt, and it is supported by financing programs backed by Abu Dhabi Export Office (ADEX). This partnership extends Al Dhahira's expertise in supporting large-scale supply operations, with significant agricultural platforms in Egypt since 2007 focused on production, manufacturing, and supply chains. The agreement contributes to bolstering trade relations between the two countries and expanding the presence of Emirati exports in global markets.
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