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UAE wheat finance pact to kick in by January
The supply minister expects MPs to vote on the agreement after parliament reconvenes in October
El Molla meets US energy secretary in Glasgow + is more IFTC finance in the pipeline?
Oil Minister Tarek El Molla met with US Secretary of Energy Jennifer Granholm at the COP26 summit in Glasgow, where…
Egypt imports 6.6 mn tonnes of wheat in 2020, GASC acquires 51% of imported wheat
State grain buyer GASC and private sector firms imported a combined 6.6 mn tonnes of wheat so far this year,…
Egypt’s GASC receives record number of offers in wheat tender
The General Authority for Supply Commodities (GASC) has accepted seven offers in a tender to purchase 410k tonnes of wheat…
Gov’t spent EGP 63 bn of covid-19 stimulus program as FinMin provides breakdown
Egypt has deployed EGP 63 bn of its covid-19 stimulus program: The government has spent EGP 63 bn of the…
Egypt purchases 120k tonnes of Ukranian wheat in third int’l tender of local harvest season
GASC purchases 120k tonnes of Ukranian wheat in third int’l tender of local harvest season: State grain buyer GASC, the…
Egyptian Commodity Exchange set up with EGP 100 mn in capital
The company that will manage the Egyptian Commodity Exchange is now officially a thing: The company tasked with managing the…
GASC to receive local rice starting March 2020
The Federation of Egyptian Industries’ industry division will begin supplying local rice to the General Authority for Supply Commodities starting…
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