Egypt's Government Says Strategic Wheat Reserves Good for 4 Months

FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
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Egypt's Government Says Strategic Wheat Reserves Good for 4 Months

FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

Egypt has strategic wheat reserves that are sufficient for four months of local consumption, according to a statement by the Egyptian Cabinet issued on Saturday.

It said the strategic sugar reserves were sufficient for 13.5 months, while vegetable oil reserves were enough for 6.3 months.



Alswaha: Saudi Arabia's Participation at WEF Strengthens Global Efforts in AI Technologies

Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha. SPA file photo
Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha. SPA file photo
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Alswaha: Saudi Arabia's Participation at WEF Strengthens Global Efforts in AI Technologies

Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha. SPA file photo
Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha. SPA file photo

Saudi Minister of Communications and Information Technology Abdullah Alswaha has underlined the Kingdom's pivotal role in driving the global agenda to enhance the digital economy, foster innovation, and leverage artificial intelligence (AI) to serve humanity and protect the planet.

In a statement to the Saudi Press Agency (SPA), he highlighted that the Kingdom's international standing is a result of the support and guidance of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud.

The minister explained that Saudi Arabia's participation in the annual meeting of the World Economic Forum (WEF) in Davos, held from January 20 to 24, comes at a time when the world is transitioning from the digital age to the AI age.

This underscores the Kingdom's significant role in leading global efforts to promote innovation and utilize AI for the benefit of humanity.

He noted that the annual high-profile gathering provides a global platform to showcase the Kingdom's developmental, economic, and technological achievements under the framework of Saudi Vision 2030, made possible by the support of the Kingdom's leadership.

Alswaha said that Saudi Arabia is working in partnership with the international community to harness AI as a key tool for advancing sustainable development and achieving global goals, adding that these efforts aim to improve quality of life, support the digital economy, and create new job opportunities across various sectors, contributing to a sustainable and prosperous future for all.