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NORTH AFRICA

How Al Ghurair is ensuring wheat supplies for its north African clients

The trading company Al Ghurair Resources, the second largest importer of wheat to Algeria and a frequent bidder for contracts in Egypt and Sudan, is banking on cereals from the Americas to replace supplies from Ukraine, where it had a subsidiary. It also wanted to import wheat from India, but the recent ban will force the trader to change its plans. [...] (630 words)
Published on 20/05/2022 at 05:00 GMT Reading time 3 minutes
Commodity traders Business

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Further reading
Salic CEO Sulaiman al-Rumaih (left) and Olam group CEO Sunny George Verghese. © Linkedin/SulaimanAlRumaih / Edgar Su/Reuters
In Focus
QATAR SAUDI ARABIA UNITED ARAB EMIRATES Commodity traders 06/06/2022

Gulf nations fall back on trading giants for food security 

Faced with a tense food situation and the lukewarm success of their agricultural projects in Africa, Saudi Arabia, the UAE and Qatar have fallen back on commodities traders such as Louis Dreyfus and Olam. They are also using the traders' Dubai-based teams to help Egypt and other friendly nations struggling.
The logo of the Office algérien interprofessionnel des céréales (OAIC) on a silo in the port of Algiers. © Zohra Bensemra/Reuters
Inner circles
ALGERIA Commodity traders Business 15/04/2022

How OAIC cereals board provides daily bread to Algerians despite Ukraine war and scandals 

Algeria's national cereals board, the OAIC, is the focus of major government spending and a key political tool for its bilateral relationship with France. The organisation is tasked with ensuring Algeria is supplied with wheat, despite the current high prices and the sometimes competing demands of millers, bakers and consumers.

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