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Turkey’s BIM to increase Egypt capital by USD 7.4 mn
Turkish discount supermarket operator BIM has decided to increase the share capital of Egypt-based unit BIM Stores by USD 7.4…
Commodities
Government to purchase over 4 mn tonnes of local wheat this year
The government is planning to purchase over 4 mn tonnes of wheat from local farmers this year, Supply Ministry spokesperson…
GASC purchases 240k tonnes of Russian and Romanian wheat in global tender
The General Authority for Supply Commodities (GASC) purchased 120k tonnes of Russian wheat and another 120k of Romanian wheat in…
Russian authorities ban two shipments of Egyptian potatoes, claiming contamination
Russia’s agricultural quarantine authorities flagged two potato shipments from Egypt, alleging that they were contaminated with potato brown rot, Agriculture…
GASC launches global wheat tender for April delivery
The General Authority for Supply Commodities (GASC) issued a tender yesterday for an unspecified amount of wheat for delivery by…
Beheira to launch agricultural “commodities exchange” in September
Beheira is on track to launch its agricultural commodities exchange in September, the exchange’s project manager tells Al Masry Al…
Cotton exports contracts see 58% increase this season
Contracts for cotton exports have seen a 58% y-o-y increase to 49.2k tonnes from 31k tonnes this season, Cotton Exporters…
Egypt’s Modern Nile Cotton partners with Oritain to assess cotton authenticity
Supply chain traceability company Oritain has partnered with Egypt’s Modern Nile Cotton Company — Egypt’s largest cotton trading company —…
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