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Gas production slumps to three-year low in September. PLUS: News from Infinity, SODIC, InstaPay, and the IDA
Egypt produced 4.7 bn cubic meters of gas per day in September, down 6% from August
More Russian wheat incoming
GASC purchased 480k tons of Russian wheat
We’re (temporarily) halting the sale of sugar to traders as prices soar
The ban aims to prevent sellers from hoarding supplies in anticipation of a coming devaluation
Egypt buys 170k tons of wheat in int’l tender
State grains buyer GASC has purchased the grain from Romanian and Bulgarian suppliers
Big Russia wheat buy?
Moscow blocked a 480k-ton wheat shipment earlier this month
Egypt is looking to Abu Dhabi again to finance wheat imports
GASC is negotiating to buy Kazakh wheat at the lowest price
Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
Infinity aims to increase its charging stations to 300 by 2024
Big wheat buy
GASC procures Russian wheat for USD 270 a ton
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