{"id":547861,"date":"2022-07-17T03:57:23","date_gmt":"2022-07-17T03:57:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/another-direct-wheat-purchase\/"},"modified":"2022-07-17T03:57:23","modified_gmt":"2022-07-17T03:57:23","slug":"another-direct-wheat-purchase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/another-direct-wheat-purchase\/","title":{"rendered":"Another direct wheat purchase?"},"content":{"rendered":"<p><strong>GASC bought 63k tons of German wheat directly from suppliers on 5 July<\/strong>, <a href=\"https:\/\/www.nasdaq.com\/articles\/egypts-gasc-bought-about-63000-tonnes-of-german-wheat-in-direct-deal-sources-0\">Reuters<\/a> reported Thursday, citing anonymous sources. This is the same day that the state grain buyer was reported to have <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/094f9121-ebf1-4aee-89fb-3abc6e3b75c8\">purchased 444k tons<\/a> of Russian, French and Romanian wheat without issuing an international tender. The authority typically purchases wheat via tenders, but in May the cabinet gave the go-ahead for the authority to buy directly from suppliers. GASC reportedly purchased the German wheat for USD 420 per ton on a cost and freight basis.<\/p>\n<p><strong>MEANWHILE- Our friends at renewable energy player Infinity<\/strong> along with Hassan Allam Holding and Madkour are <a href=\"https:\/\/alborsaanews.com\/2022\/07\/16\/1558388\">reportedly<\/a> in the running to install a <strong>solar power installation at Sharm El Sheikh International Airport<\/strong>. The tender will be finalized in the coming weeks. See this in the context of the greening of Sharm ahead of COP27 \u2014 and expect more such announcements in the weeks to come, we think.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Kenya<\/strong> will continue to exempt <strong>Egyptian exports<\/strong> from customs duties for an additional year. (<a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02zcNNsmasS1aEkwyxmQjrDyhp7ZPp92G5sNbcQnYRD6Zi4uxPkYpR9XJpaq3vEicYl\">Statement<\/a>)<\/li>\n<li><strong>Egypt<\/strong> will suspend its peacekeeping mission in <strong>Mali<\/strong> by mid-August over deadly attacks that have seen seven of its peacekeepers killed in the West African country this year. (<a href=\"https:\/\/apnews.com\/article\/africa-united-nations-mali-west-944ee505cc2112953efc27c79ccfb543\">AP<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>GASC bought 63k tons of German wheat directly from suppliers on 5 July, Reuters reported Thursday, citing anonymous sources. This is the same day that the state grain buyer was reported to have purchased 444k tons of Russian, French and Romanian wheat without issuing an international tender. The authority typically purchases wheat via tenders, but [&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":[7209],"tags":[111,317,72,550,481,890,334,1876,2140,2139,151,132,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547861","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-commodities","tag-enterpriseam","tag-gasc","tag-germany","tag-hassan-allam-holding","tag-infinity","tag-kenya","tag-madkour","tag-mali","tag-renewables","tag-trade","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"236b23b9-eacf-422d-aaaf-0adbf24dfd84","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[547838],"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>Another direct wheat purchase? - 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\/07\/17\/another-direct-wheat-purchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Another direct wheat purchase?\" \/>\n<meta property=\"og:description\" content=\"GASC bought 63k tons of German wheat directly from suppliers on 5 July, Reuters reported Thursday, citing anonymous sources. This is the same day that the state grain buyer was reported to have purchased 444k tons of Russian, French and Romanian wheat without issuing an international tender. 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State grains buyer GASC paid USD 416 a ton on a cost and freight basis (CFR), they said.The breakdown: GASC reportedly bought 214k tons of Russian wheat, 170k tons of\u2026","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\/2022\/7\/139.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548972,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/29\/hassan-allam-lands-another-toshka-contract-more-wheat-courtesy-of-romania\/","url_meta":{"origin":547861,"position":1},"title":"Hassan Allam lands another Toshka contract + More wheat, courtesy of Romania","author":"enterpriseam admin","date":"29 August 2022","format":false,"excerpt":"Hassan Allam Construction to work on Toshka irrigation project: Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has been awarded a contract to install irrigation infrastructure as part of the project to reclaim land in Toshka for wheat production, the company said in a statement last week. Under the\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548846,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/24\/egypt-just-secured-240k-tons-of-russian-wheat\/","url_meta":{"origin":547861,"position":2},"title":"Egypt just secured 240k tons of Russian wheat","author":"enterpriseam admin","date":"24 August 2022","format":false,"excerpt":"State grains buyer GASC has bought 240k tons of Russian wheat directly from suppliers for delivery in September, October and November, the Supply Ministry said in a statement yesterday. The authority purchased six 40k-ton cargos of grain for USD 368 a ton on a cost and freight basis (CFR) via\u2026","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\/2022\/8\/372.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":611493,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/07\/efg-holding-exits-jordan-air-cairo-expands-to-west-africa-gasc-buys-180k-tons-of-wheat\/","url_meta":{"origin":547861,"position":3},"title":"EFG Holding exits Jordan, Air Cairo expands to West Africa + GASC buys 180k tons of wheat","author":"enterpriseam admin","date":"7 December 2023","format":false,"excerpt":"GOODBYE, AMMAN- EFG Holding has completed its exit from Jordan. (Companydisclosure, pdf).HELLO, WEST AFRICA- Air Cairo will begin flying to Burkina Faso and Senegal later this month. (CivilAviation Ministry)MORE WHEAT- State grain buyer GASC has purchased 180k tons of Russian and Ukrainian wheat. (Reuters)CLOSE CALL IN THE CANAL- Rescue crews\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/493.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547740,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/05\/gasc-could-purchase-wheat-directly-from-suppliers\/","url_meta":{"origin":547861,"position":4},"title":"GASC could purchase wheat directly from suppliers","author":"enterpriseam admin","date":"5 July 2022","format":false,"excerpt":"Egypt is lining up its next wheat buy \u2014 this time sans tender? GASC is looking to purchase wheat directly from commodity traders outside the normal tender process, Reuters and Bloomberg reported yesterday, citing traders. The state grain buyer yesterday invited offers from the trading houses for an undisclosed amount\u2026","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\/2022\/7\/116.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577323,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/17\/gasc-buys-300k-tons-of-russian-wheat-in-direct-purchase-say-traders\/","url_meta":{"origin":547861,"position":5},"title":"GASC buys 300k tons of Russian wheat in direct purchase, say traders","author":"enterpriseam admin","date":"17 November 2022","format":false,"excerpt":"Egypt\u2019s state grains buyer yesterday bought 300k tons of Russian wheat direct from suppliers, traders told Reuters. GASC last week ordered 280k tons of Russian wheat after it canceled a tender earlier this month due to high prices.Another tragic road accident: Fourteen people died when a minibus collided with a\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"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\/547861","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=547861"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547861\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/547838"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=547861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=547861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=547861"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=547861"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=547861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}