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AFRICAN & MIDDLE EAST NEWS
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Libya’s US$910M wheat import bill raises questions over consumption data, spending gap
Libya’s recorded wheat consumption exceeds global averages by more than 470%, raising questions over import volumes.
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Egypt wheat imports fall 8% in 2025 as prices rise and local supply expands
The Egyptian government received about 4 million tons of local wheat in the 2025 season, an increase of about 18% over the previous year.
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Abu Qir Fertilizers targets US$184M pre-tax profit in 2026 budget
The EGX-listed fertilizer producer expects to generate EGP 8.83 billion (US$ 184 million) in pre-tax profits during the twelve-month period ending 31 December 2026.
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ICL expands portfolio with Bartek Ingredients acquisition
ICL Group is acquiring Bartek Ingredients in a two-phase deal, starting with US$90 million for 50% stake in Q1 2026.
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Salalah Mills, Port of Salalah partner on strategic silos project in Oman
Salalah Mills described the agreement as a key step in its long-term growth and diversification strategy.