RIYADH: Pakistani rice exports to Saudi Arabia’s market have seen a 25% increase, with exports reaching $4 billion in 2024. The quality of Pakistani rice has gained significant popularity among Saudi consumers. As per details, the exporters are optimistic that rice exports are likely to rise to $4.5 billion by 2025. Pakistani rice exporters are working on strategies to strengthen their position in the Saudi market. The Chairman of the Saudi-Pakistani Business Council praised the quality of Pakistani rice. Pakistan remains committed to solidifying its presence in the Saudi rice market. Efforts of the Special Investment Facilitation Council (SIFC) are yielding results as Pakistan has historically achieved $4 billion from the exports of rice. #Pakistani #rice #exports #Saudi #Arabia #market #mdcat2024 #strict #Sindh #Under #security #fypシ゚viralシfypシ゚ #247newsupdate
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Pakistan’s rice exports to Saudi Arabia have experienced a 25% increase, reaching $4 billion in 2024, thanks to the growing popularity of Pakistani rice among Saudi consumers. Exporters are optimistic about a further rise, with projections suggesting that exports could reach $4.5 billion by 2025. To strengthen their position in the Saudi market, Pakistani rice exporters are developing strategies to enhance their presence. #PakistaniRice #Export #SaudiMarket https://lnkd.in/dMHFxcmm
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Pakistan's rice exports to Saudi Arabia reached a record $4 billion in 2024, showing a 25% growth. High-quality basmati remains in demand, with exporters targeting $4.5 billion for 2025. #PukaarPakistan #PakistanRice #Basmati #Exports #SaudiArabia #EconomicGrowt
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Pakistani rice exports to Saudi Arabia's market have seen a 25% increase, with exports reaching $4 billion in 2024. The quality of Pakistani rice has gained significant popularity among Saudi consumers. As per details, the exporters are optimistic that rice exports are likely to rise to $4.5 billion by 2025. #DailyMagazine #pakistan #saudiarabia
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#Infographic | Egypt's exports of food products climbed by 31% year on year (YoY) to reach an unprecedented value of $1.6 billion during the first quarter (Q1) of 2024, according to the Egyptian Ministry of Trade and Industry. Saudi Arabia emerged as the leading destination for Egyptian food exports, with imports totaling $131 million, followed closely by Palestine at $99 million and Libya at $83 million. Last year, exports of Egyptian food industries increased by 14% year on year (YoY) to $5.1 billion from 5 billion. #ArabFinance #Egypt #Economy #News #Food #Exports
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Pakistani Rice Exports to Saudi Arabia Reach a Record $4 Billion in 2024. Pakistan's rice exports to Saudi Arabia have surged by 25%, reaching $4 billion in 2024, driven by the growing popularity of Pakistani rice among Saudi consumers. Exporters are optimistic that this trend will continue, predicting a further increase to $4.5 billion by 2025. #PakistanRiceExports #SaudiArabiaMarket #RiceIndustry #PakistanAgriculture #ExportGrowth #EconomicBoost #TradePartnership #PakistanSaudiArabiaTies #FoodExport #RiceTrade #Brandskahani #News #fyp
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Egypt increases price of subsidized bread for the first time since 1989: Implications for nutrition and food security In June 2024, the Egyptian government raised the price of subsidized traditional baladi bread to 20 piastres ($0.004)1 per loaf—quadrupling the old price of 5 piastres. The change—the first such increase since 1989—was triggered by a number of factors: Egypt’s heavy reliance on wheat imports due to limited arable crop base and growing population, along with high global wheat prices amid the Russia-Ukraine war, combined with the weakening of Egyptian pound (EGP) against the U.S. dollar in March 2024 and government efforts to reduce public spending. Bread prices have long been a sensitive political issue in Egypt. In 1977, President Anwar Sadat cut the subsidies, triggering protests known as the “bread intifada”—ultimately forcing him to roll back his subsidy reform. In 2011, Egyptians took to the streets protesting the regime of President Hosni Mubarak with slogans calling for “bread, freedom, and social justice.” In 2017, Egyptian Ministry of Supply proposals to reduce the state-sponsored provision of bread from up to 4,000 to 500 loaves per bakery provoked large-scale protests across the country. https://lnkd.in/d79YSr2m #bread #wheat #foodsecurity
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Pakistan's rice exports to Saudi Arabia increased by 25% in 2024, reaching a remarkable $4 billion. This growth highlights strong trade ties and rising demand for Pakistani rice in the Gulf region. Saudi Arabia remains a key market for Pakistan's agricultural exports. The surge reflects the country's export strategy and quality produce. Pakistan continues to strengthen its economic footprint globally. #PakistanRiceExports #TradeGrowth #SaudiArabia #AgriculturalExports #EconomicSuccess #startupsindh #sindh
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In 2024, Pakistan marked a remarkable achievement in rice exports, recording a 25% surge in shipments to Saudi Arabia, amounting to $4 billion. The superior quality of Pakistani rice has gained widespread acclaim among Saudi consumers, driving demand to new heights. Exporters are optimistic about reaching $4.5 billion in rice exports by 2025. The Chairman of the Saudi-Pakistani Business Council praised the exceptional quality of Pakistani rice, emphasizing its growing prominence in the Saudi market. This success has been significantly supported by the efforts of the Special Investment Facilitation Council (SIFC). According to SIFC official Shahjehan Malik, Pakistan aims to achieve a $5 billion export target in the next fiscal year by advancing seed research and promoting standardized agricultural practices. With its renowned quality, Pakistan's Basmati rice continues to solidify its position as a premium product in global markets. #PakistanExports #RiceExports #BasmatiRice #SaudiMarket #AgriculturalInnovation #GlobalTrade #SIFC
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🇪🇺🌾EU Commission reported wheat export from the EU on 01-14 Jul of 2024/25 MY at 788 KMT, down 48% y/y. Main destinations are 🇳🇬Nigeria (171.8 KMT), 🇲🇦Morocco (136.2 KMT), 🇸🇦Saudi Arabia (110 KMT). 🌽Corn import at 903.9 KMT, up 21% y/y. Main suppliers are 🇺🇦Ukraine (595 KMT), 🇺🇸USA (162 KMT), 🇨🇦Canada (756 KMT). 🌾Barley export at 409.5 KMT, down 42% y/y. Main destinations are 🇸🇦Saudi Arabia (204 KMT), 🇲🇦Morocco (92 KMT), 🇩🇿Algeria (33 KMT).
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