Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Saudi Arabia’s SAGO has sold parts of two of the four flour milling operations covered by their milling privatization program. The First Milling Company was sold to Raha Al Safi consortium for $540 million and the Third Milling Company to Alrajhi-Ghurair-Masafi consortium for $200 million. Most of the bidders were from the region. Iraq has purchased 3.56 MMT of local wheat and says that the total harvest will reach about 6 MMT which means that Iraq will have to import about 1 MMT of wheat in 2020. Egypt reports that 3.5 MMT of local wheat has been purchased by the Egyptian company for Silos and Storage. They add that the target of 3.6 MMT should be reached...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.