Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Egypt Wheat Stockpiles at 5 Million Metric Tons, Mena Reports

June 24 (Bloomberg) -- Egypt’s strategic wheat stockpiles total 5 million metric tons, enough to cover the country’s needs for six months, the state-run Middle East News Agency reported, citing Supply Minister Gouda Abdel Khaleq.

The Finance Ministry allocated 8.5 billion Egyptian pounds ($1.4 billion) to the purchase of wheat from local farmers, the agency, known as Mena, cited Abdel Khaleq as saying.

The increase in the quantity and the quality of the domestic wheat harvest decreases dependence on imported grain and eases pressure on the budget, Abdel Khaleq said.

To contact the reporter on this story: Ola Galal in Cairo at

To contact the editor responsible for this story: Claudia Carpenter at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.