MOVES- Agriculture Minister Abdel Moneim El Banna appointed Ahmed Al Attar as acting head of the ministry’s Agricultural Quarantine Authority, Al Mal reports. The appointment of Al Attar, head researcher at the Plant Diseases Research Institute, comes amid a sweeping shakeup at the authority likely meant to curb alleged efforts by wheat inspectors to restore a zero-tolerance policy on ergot contamination of wheat. The shuffle comes after the Administrative Court issued a ruling which could potentially restore the zero-tolerance policy which has disturbed markets, and made wheat imports more expensive. The government has vowed to challenge the court’s ruling and maintain the global policy of permitting shipments of 0.05% ergot contamination.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…