Fresh bread in Egypt. (Goldream/iStock/Getty Images)

Egypt’s private sector wheat imports stall due to dollar shortage

"We are in the red zone"

Cairo | Reuters — The price of wheat and flour used to make unsubsidized bread has spiked in Egypt as importers struggle to pay for wheat stuck at ports amid a dollar shortage, traders and the country’s chamber of cereals told Reuters this week. Around 700,000 tonnes of wheat haven’t been released from customs, causing […] Read more