KHARTOUM Sudan's military rulers and opposition agreed in principle on Saturday to the formation of a joint body to lead a transition from 30 years of autocratic rule by Omar al-Bashir, but not on the new council's make-up, two sources said.
CAIRO/DUBAI With steaming plates of rice and freshly sliced apples on the side, a group of Cairo-based food scientists work in their lab to decide whether the foreign grains will suit Egyptian palates.
DUBAI, Feb 11 The European Union's sugar
industry needs to consolidate to contend with the sharp fall in
prices since the end of production quotas in 2017, the chief
executive of French producer Cristal Union said on Monday.
DUBAI Commodities trading firm Louis Dreyfus expects faster switching between sugar and ethanol production in Brazil, with more flexible mills leading to "dramatic" price-driven shifts.
* Alvean expects slight global sugar surplus in 2019/20
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ABU DHABI Italy's Eni and Austria's OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi National Oil Company's (ADNOC) refining business and establish a new trading operation owned by the three partners.
ABU DHABI Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday the oil market is "on the right track" and will quickly return to balance, but oil producers are willing to do more if needed.
ABU DHABI Oil producer group OPEC is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.
ABU DHABI, Jan 12 The Organization of Petroleum
Exporting Countries is not the enemy of the United States,
United Arab Emirates Energy Minister Suhail al-Mazrouei said on
Saturday in Abu Dhabi.
ADEN/LONDON The central bank of Yemen, split into two rival head offices reflecting a country divided by war, has been slow to finance imports of food needed to fend off widespread hunger, sources with knowledge of the matter have told Reuters. | Video