The Indian government has previously approved export of wheat to the UAE for domestic consumption, cementing trade relations between the countries and building on the CEPA deal signed between the two countries
wheat prices
Latest in wheat prices
Egypt
Egypt receives additional $3bn in funding to cope with soaring wheat prices caused by Ukraine crisis
Egypt has already turned to its oil-rich allies in the Gulf, securing commitments for at least $22 billion through deposits and investments from Saudi Arabia, the UAE, and Qatar
famine
Time is running out to prevent ‘catastrophic famine’ caused by Ukraine war, Yemen’s top firm says
The boom in global wheat prices, significant supply disruptions, and the rapidly diminishing stocks across the country are pushing Yemen’s food security crisis to “the point of no return”, an expert said
Arab nations
Brazil boosts food supplies to Arab nations hit by the impact of the Russia-Ukraine crisis
Brazil’s wheat exports to the Arab nations reached $285.86 million in Q1 2022, marking a 438 percent increase compared to the same period last year