{"id":546903,"date":"2022-06-01T03:45:24","date_gmt":"2022-06-01T03:45:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/01\/vital-wheat-supplies-from-europe-could-be-heading-our-way-this-month\/"},"modified":"2022-06-01T03:45:24","modified_gmt":"2022-06-01T03:45:24","slug":"vital-wheat-supplies-from-europe-could-be-heading-our-way-this-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/01\/vital-wheat-supplies-from-europe-could-be-heading-our-way-this-month\/","title":{"rendered":"Vital wheat supplies from Europe could be heading our way this month"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>We could be finally getting our hands on some Ukrainian wheat:<\/strong> A shipment of Ukrainian wheat will soon make its way to Egypt from Romania, Egyptian Holding Company for Silos & Storage official Yasser Tawfik told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (<a href=\"https:\/\/www.youtube.com\/watch?v=uE9CrkxXa5A\">watch, runtime: 4:59<\/a>). The shipment arrived in Romania from Ukraine via rail, he said. This will be the first cargo of Ukrainian wheat to reach Egypt since the war began in late February.<\/p>\n<p><strong>We don\u2019t know how much grain is on the boat:<\/strong> Tawfik didn\u2019t disclose how big the shipment will be or provide a more specific timeline for when it might leave the country.<\/p>\n<p><strong>A lot of wheat earmarked for Egypt is stuck in Ukraine:<\/strong> Some 300k tons, to be exact, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0d26da67-4747-49c2-826c-14d5dcb5669f\">traders said recently<\/a>.<\/p>\n<p><strong>More wheat is also on the way:<\/strong> Five ships carrying thousands of tons of wheat from Europe will be arriving in Egypt in June, he said, with a ship from Bulgaria carrying 55k tons and four ships from France carrying 63k tons each. A 63k-ton shipment of Russian wheat will also arrive some time this month, he said.<\/p>\n<p><strong>State-owned Nasser Social Bank is now offering the best interest rate in the country on <\/strong><strong>its savings certificates<\/strong>, after it launched a new three-year certificate with a 15% interest rate, the bank\u2019s Vice Chairman Mohamed Ashmawy said last night. This is 1% higher than NBE and Banque Misr\u2019s three-year certificates and 1.5% higher than CIB\u2019s. The new rate comes a day after the National Bank of Egypt (NBE) and Banque Misr <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ccbb6a41-06c6-4816-af30-0782f8606acd\">suspended their 18% CDs<\/a>. Kelma Akhira (<a href=\"https:\/\/www.youtube.com\/watch?v=oGQ7bXLBOw0\">watch, runtime: 5:43<\/a>) and Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=pzAxWWBWYYE\">watch runtime: 7:13<\/a>) had coverage.<\/p>\n<p><strong>Around 4k people have purchased forms needed to register their properties under the <\/strong><strong>new amendments to the Real Estate Registry Act<\/strong>, which went into effect on 8 May, Real Estate Registry Head Gamal Yacout told Kelma Akira\u2019s Lamees El Hadidi (<a href=\"https:\/\/www.youtube.com\/watch?v=7kDmJXvP02c\">watch, runtime: 8:46<\/a>) The changes, which <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b56c376f-07af-4c83-ad67-0cabdab0f8b7\">received the greenlight<\/a> from the House of Representatives in February, simplify the property registration process by reducing the volume of documentation needed, digitizing parts of the procedures, and putting a time limit on the process.<\/p>\n<p><strong>But what about new cities? <\/strong>It will be on the New Urban Communities Authority (NUCA) to register the property on behalf of real estate developers or individuals owning plots in return for a fee, Yacount told El Hadidi. This is according to amendments to the Urban Communities Act, which were approved by the House Legislative Affairs Committee yesterday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We could be finally getting our hands on some Ukrainian wheat: A shipment of Ukrainian wheat will soon make its way to Egypt from Romania, Egyptian Holding Company for Silos &#038; Storage official Yasser Tawfik told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime: 4:59). The shipment arrived in Romania from Ukraine via rail, he said. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[72,182,106,270,304,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546903","post","type-post","status-publish","format-standard","hentry","category-last-nights-talk-shows","tag-enterpriseam","tag-inflation","tag-last-nights-talk-shows","tag-russia","tag-ukraine","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"7f16238a-c802-41a4-8b2a-754e888411e2","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[546882],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vital wheat supplies from Europe could be heading our way this month - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/01\/vital-wheat-supplies-from-europe-could-be-heading-our-way-this-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vital wheat supplies from Europe could be heading our way this month\" \/>\n<meta property=\"og:description\" content=\"We could be finally getting our hands on some Ukrainian wheat: A shipment of Ukrainian wheat will soon make its way to Egypt from Romania, Egyptian Holding Company for Silos &amp; Storage official Yasser Tawfik told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime: 4:59). The shipment arrived in Romania from Ukraine via rail, he said. 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US authorities \u201cinspected 51,603 tons of wheat for export to Egypt in the week ended May 4, U.S. Department of Agriculture data showed on Monday. The last shipment to the country was in mid-January.\u201d Egypt \u201cprobably\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648191,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/30\/egypt-made-up-46-of-all-ukrainian-wheat-exports-in-april\/","url_meta":{"origin":546903,"position":2},"title":"Egypt made up 46% of all Ukrainian wheat exports in April","author":"enterpriseam admin","date":"30 May 2017","format":false,"excerpt":"Ukraine shipments of wheat to Egypt have reached a high in April, with the country exporting 553K tonnes of wheat to us in April alone. This constituted 46% of total wheat exports by the Ukraine for that month and the largest volume since October 2013, reports UkrAgroConsult.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603039,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/egypt-accepts-previously-rejected-french-wheat-purchases-240k-tonnes-in-intl-tender\/","url_meta":{"origin":546903,"position":3},"title":"Egypt accepts previously rejected French wheat, purchases 240k tonnes in int\u2019l tender","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"What is it, 2016 again? A 63k tonne shipment of French wheat that authorities rejected last week for ergot contamination has been accepted after re-testing, according to Reuters. The supplier requested the re-test after earlier results showed a 0.1% ergot level, higher than the 0.05% allowed by Egypt\u2019s state tender\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/1304.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607896,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/11\/more-russian-wheat-incoming\/","url_meta":{"origin":546903,"position":4},"title":"More Russian wheat incoming","author":"enterpriseam admin","date":"11 October 2023","format":false,"excerpt":"GASC purchased 480k tons of Russian wheat","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/550.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622058,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/rising-tension-in-ukraine-could-threaten-flow-of-wheat-tourists-to-egypt\/","url_meta":{"origin":546903,"position":5},"title":"Rising tension in Ukraine could threaten flow of wheat, tourists to Egypt","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"Rising tension in Ukraine could threaten one of Egypt\u2019s key sources of wheat and tourists: Ukraine, one of Egypt\u2019s top suppliers of wheat, faces turmoil this morning as the country\u2019s president, Petro Poroshenko, said overnight he would \u201cpropose that parliament declare martial law in the country after the Russian military\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546903"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546903\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546882"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546903"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546903"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}