{"id":565270,"date":"2021-03-30T14:03:45","date_gmt":"2021-03-30T14:03:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/"},"modified":"2021-03-30T14:03:45","modified_gmt":"2021-03-30T14:03:45","slug":"preparations-for-the-egycomex-pilot-are-ramping-up","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/","title":{"rendered":"Preparations for the Egycomex pilot are ramping up"},"content":{"rendered":"

<\/a> Some 425 wheat collection points have been established across the country for <\/strong>farmers <\/strong>who want to offer their harvest on the new Egyptian Commodities Exchange (Egycomex), Ibrahim Ashmawy, head of the Internal Trade Development Authority and chairman of the new exchange, told Al Mal<\/a>. The commodities exchange will start trading on a pilot basis in April<\/a> to coincide with the start of the wheat harvest.<\/p>\n

Only wheat will be available to trade at first: <\/strong>The government is looking to add other tradable commodities such as rice, cotton and iron, said Ashmawy, who had initially told us<\/a> that traders would be able to buy and sell wheat, oil, sugar and rice at launch, but a few months later said<\/a> that only wheat will be tradeable at first.<\/p>\n","protected":false},"excerpt":{"rendered":"

Some 425 wheat collection points have been established across the country for farmers who want to offer their harvest on the new Egyptian Commodities Exchange (Egycomex), Ibrahim Ashmawy, head of the Internal Trade Development Authority and chairman of the new exchange, told Al Mal. The commodities exchange will start trading on a pilot basis in […]<\/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":[10115],"tags":[317,2319,633,3729,4209],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565270","post","type-post","status-publish","format-standard","hentry","category-speed-round-markets","tag-commodities","tag-egyptian-commodities-exchange","tag-enterprisepm","tag-ibrahim-ashmawy","tag-speed-round-markets","wpautop","entry"],"acf":{"mongo_id":"46ac1e18-e0fa-4c13-9a80-898e88e30903","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[565263],"teaser":"","voice_url":""},"yoast_head":"\nPreparations for the Egycomex pilot are ramping up - 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\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Preparations for the Egycomex pilot are ramping up\" \/>\n<meta property=\"og:description\" content=\"Some 425 wheat collection points have been established across the country for farmers who want to offer their harvest on the new Egyptian Commodities Exchange (Egycomex), Ibrahim Ashmawy, head of the Internal Trade Development Authority and chairman of the new exchange, told Al Mal. The commodities exchange will start trading on a pilot basis in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-30T14:03:45+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Preparations for the Egycomex pilot are ramping up\",\"datePublished\":\"2021-03-30T14:03:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"commodities\",\"Egyptian Commodities Exchange\",\"EnterprisePM\",\"Ibrahim Ashmawy\",\"SPEED ROUND: MARKETS\"],\"articleSection\":[\"SPEED ROUND: MARKETS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/30\/preparations-for-the-egycomex-pilot-are-ramping-up\/\",\"name\":\"Preparations for the Egycomex pilot are ramping up - 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Internal\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/114.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558899,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/31\/egycomex-to-go-live-in-1q2022\/","url_meta":{"origin":565270,"position":1},"title":"Egycomex to go live in 1Q2022","author":"enterpriseam admin","date":"31 August 2021","format":false,"excerpt":"Egypt\u2019s long-awaited commodities exchange (Egycomex) is set to start full operations in 1Q2022, Ibrahim Ashmawy, head of the Internal Trade Development Authority and chairman of the new exchange, told Akhbar Al Youm. 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Ashmawy told us back in 2020 that traders would be able\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/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":574390,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/08\/ibrahim-ashmawy-appointed-chairman-of-forthcoming-commodity-exchange\/","url_meta":{"origin":565270,"position":3},"title":"Ibrahim Ashmawy appointed chairman of forthcoming commodity exchange","author":"enterpriseam admin","date":"8 September 2020","format":false,"excerpt":"Egypt\u2019s new commodity exchange just got a new chairman as we inch closer to launch: Internal Trade Development Authority Chairman Ibrahim Ashmawy has been selected to lead Egycomex, the new commodity exchange, according to Hapi Journal. Ashmawy told the newspaper that the structural and administrative frameworks for the exchange are\u2026","rel":"","context":"In "Speed Round"","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":574598,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/egypts-commodities-exchange-could-be-expanded-to-include-gold-steel-cotton\/","url_meta":{"origin":565270,"position":4},"title":"Egypt\u2019s commodities exchange could be expanded to include gold, steel, cotton","author":"enterpriseam admin","date":"15 September 2020","format":false,"excerpt":"Gold, steel, and cotton could eventually be on the menu for Egypt\u2019s commodities exchange: The new Egyptian Commodities Exchange (Egycomex) could expand its tradable commodities to include non-food items such as gold, steel and cotton after trading begins in the first half of next year, exchange boss Ibrahim Ashmawy told\u2026","rel":"","context":"In "Speed Round"","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":575831,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/28\/egycomex-to-begin-trading-in-wheat-in-1h2021\/","url_meta":{"origin":565270,"position":5},"title":"Egycomex to begin trading in wheat in 1H2021","author":"enterpriseam admin","date":"28 October 2020","format":false,"excerpt":"Egypt\u2019s Commodities Exchange (Egycomex) will begin trading in the first half of 2021 and will launch with only wheat as a tradeable commodity, newly-appointed chairman Ibrahim Ashmawy told the local press. 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