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Analysis of the grain crisis from Egypt: The wheat stock model of Prophet Yusuf will be applied

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At the opening of the “Future for Agricultural Production Project” in the country, President of Egypt Abdel Fattah es-Sisi made statements about the difficulties faced by Egypt in connection with the increase in grain prices and fluctuations in supply due to the Russia-Ukraine war.

Abdulfettah es-Sisi stated that the exporters in these countries were adversely affected due to the war with Russia and Ukraine, and noted that this year was a severe year for Egypt in terms of obtaining sufficient grain stocks.

Sisi, referring to the “famine” experienced at the time of Prophet Yusuf, stated that they would base the wheat stock model of the Prophet Joseph and value the wheat stock certificate.

Egypt is considered to be one of the largest wheat consumers in the world, with an annual average of 23 million tons of wheat, 9 million tons of which is domestic production and 14 million tons is imported.

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