Arab Finance: Egypt has purchased 420,000 tons of wheat through an international tender, Vice Head of the General Authority for Supply Commodities (GASC) Hossam El-Garrahy told Asharq Business.

The procurement deal encompasses six shipments from Russia and one from Romania, with each shipment comprising 60,000 tons of wheat, El-Garrahy highlighted.

Moreover, he added that the procurement price, including shipment, is $279 per ton.

This move underscores Egypt's strategic efforts to bolster its wheat reserves, ensuring continued food security and stability in the nation's commodity market.

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