The unprecedented income came as the Suez Canal in March increased transit fees for ships passing through the waterway
Traders also said freight costs would be a challenge for Indian suppliers, adding that the lowest freight cost on Tuesday stood at $70 a tonne
240,000 tonnes to be shipped in April itself; export approved after rigorous process of field visits and checks in quarantine facilities
There is a sharp decline in availability of wheat in the global markets due to the ongoing conflict between Russia and Ukraine. Both the nations are major producers and exporters of wheat.
Russia's invasion of Ukraine in late February has driven up global wheat prices and disrupted Black Sea shipping, though wheat shipments from Russia continued in March
Subhash Shankar Parab was the Deputy General Manager (Finance) in Firestar Diamond
India is in final talks to begin wheat exports to Egypt, while negotiations are also going on with countries such as China and Turkey, after Russia's invasion of Ukraine upended global supplies
It said that India's wheat exports increased to $1.74 billion during April-January 2021-22 as against $340.17 million in the same period last year
The 6 African countries selected to receive mRNA vaccines technology against Covid are Egypt, Kenya, Nigeria, Senegal, South Africa and Tunisia, a European Union and African Union nations meet heard.
The revenues of Egypt's Suez Canal in 2021 reached $6.3 billion, the highest in the waterway's history, a top official said here.
There are 64.5 million ready shots, enough for everyone in the targeted group aged 12 years and above, according to Abdel-Ghaffar
A Spanish archaeological mission discovered two adjacent tombs in Egypt's Minya Governorate dating back to the Saite Dynasty (664 BC-525 BC)
Egypt's national carrier Sunday made its first official direct flight to Israel since the two countries signed an historic 1979 peace treaty as an EgyptAir jet landed at Tel Aviv's Ben Gurion Airport
Starting with six players who rushed from the European Championship to the Olympics, Spain was held to a 0-0 draw by Egypt on Thursday in the team's opening match of the men's soccer tournament.
While museums and academia marvel at the art, ritual and belief systems that the objects embody, it is time perhaps to retell the stories that inspired these creations.
Egyptian authorities are demanding 550 million US dollars in compensation from the Japanese owner of a cargo ship that blocked the Suez Canal for nearly a week in March
Egyptian Foreign Minister Sameh Shoukry and his visiting Israeli counterpart Gabi Ashkenazi discussed solidifying the ongoing ceasefire in place between Israel and the Islamist Hamas in the Gaza Strip
An Egyptian appeals court said it lacks jurisdiction to look into the Suez Canal Authority's demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway
The Ever Given, one of the world's largest container ships, became jammed across the canal in high winds on March 23
The truce, mediated by Egypt, began at 2 am in Israel as people on either side of the divide watched nervously to see whether it would hold