The General Authority for Supply Commodities (GASC) has accepted seven offers in a tender to purchase 410k tonnes of wheat after receiving a “record number” of bids, according to data seen by the press. GASC will purchase 120k tonnes of Russian wheat and 290k tonnes of Russian and Ukrainian wheat.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…