{"id":571214,"date":"2020-05-04T03:51:38","date_gmt":"2020-05-04T03:51:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/"},"modified":"2020-05-04T03:51:38","modified_gmt":"2020-05-04T03:51:38","slug":"egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/","title":{"rendered":"Egyptian Commodity Exchange legislation to be submitted to cabinet in coming days"},"content":{"rendered":"<p><strong>LEGISLATION WATCH- The draft law that will establish the Egyptian Commodity <\/strong><strong>Exchange will be with the cabinet within days for review<\/strong> after the Supply Ministry finished drafting the bill, <a href=\"https:\/\/bit.ly\/3fhkPme\">according to a statement<\/a>. Ministers <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/75cc4fe3-c649-41cd-83b3-f999dec7badc\">green-lit initial proposals<\/a> for the exchange at the start of the year, paving the way for <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d18ba268-ee6c-4aa3-b379-ec82c028968b\">the establishment in March<\/a> of the company tasked with managing the exchange. The exchange will reportedly allow traders to buy and sell spot contracts for six commodities \u2014 wheat, rice, corn, potatoes, onions, and oranges \u2014 and is expected to officially launch in September.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- The draft law that will establish the Egyptian Commodity Exchange will be with the cabinet within days for review after the Supply Ministry finished drafting the bill, according to a statement. Ministers green-lit initial proposals for the exchange at the start of the year, paving the way for the establishment in March of [&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":[8572],"tags":[317,72,5050,2326,2380,777,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571214","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-commodities","tag-enterpriseam","tag-esyptian-commodity-exchange","tag-internal-trade-development-authority","tag-speed-round","tag-supply-ministry","tag-trade","wpautop","entry"],"acf":{"mongo_id":"78741c69-4f2d-4191-b3b1-ba00254440ba","is_powered_by":true,"section_story_id":"911208cc-7e2c-43c6-9b09-9f249c961415","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571197],"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>Egyptian Commodity Exchange legislation to be submitted to cabinet in coming days - 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\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian Commodity Exchange legislation to be submitted to cabinet in coming days\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- The draft law that will establish the Egyptian Commodity Exchange will be with the cabinet within days for review after the Supply Ministry finished drafting the bill, according to a statement. Ministers green-lit initial proposals for the exchange at the start of the year, paving the way for the establishment in March of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-04T03:51:38+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egyptian Commodity Exchange legislation to be submitted to cabinet in coming days\",\"datePublished\":\"2020-05-04T03:51:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/\"},\"wordCount\":104,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"commodities\",\"EnterpriseAM\",\"Esyptian Commodity Exchange\",\"Internal Trade Development Authority\",\"SPEED ROUND\",\"Supply Ministry\",\"trade\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/04\/egyptian-commodity-exchange-legislation-to-be-submitted-to-cabinet-in-coming-days\/\",\"name\":\"Egyptian Commodity Exchange legislation to be submitted to cabinet in coming days - 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El Moselhy did not provide any details on the legislation.\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":569749,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/05\/egyptian-commodity-exchange-set-up-with-egp-100-mn-in-capital\/","url_meta":{"origin":571214,"position":1},"title":"Egyptian Commodity Exchange set up with EGP 100 mn in capital","author":"enterpriseam admin","date":"5 March 2020","format":false,"excerpt":"The company that will manage the Egyptian Commodity Exchange is now officially a thing: The company tasked with managing the forthcoming Egyptian Commodity Exchange has been established by the Internal Trade Development Authority (ITDA), the authority\u2019s head Ibrahim Ashmawy told Al Mal. The company has starting capital of EGP 100\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":594148,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/egyptian-commodity-exchange-company-to-be-established-next-month\/","url_meta":{"origin":571214,"position":2},"title":"Egyptian Commodity Exchange company to be established next month","author":"enterpriseam admin","date":"21 October 2019","format":false,"excerpt":"EGX, Supply Ministry to set up company to manage commodities exchange next month: The Egyptian Stock Exchange (EGX) and the Supply Ministry will establish a company to manage the Egyptian Commodity Exchange in November after it completed the feasibility study for the exchange yesterday, sources told the local press. 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The exchange will be managed by a company that is to be 50% owned by the General Authority For Supply Commodities, the Internal Trade Development Authority, the Egyptian\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\/2020\/1\/539.jpg?fit=%2C&ssl=1&resize=350%2C200","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":571214,"position":4},"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 &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":594182,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/22\/wider-ownership-of-egp-100-mn-company-managing-egyptian-commodity-exchange\/","url_meta":{"origin":571214,"position":5},"title":"Wider ownership of EGP 100 mn company managing Egyptian Commodity Exchange?","author":"enterpriseam admin","date":"22 October 2019","format":false,"excerpt":"Wider ownership of EGP 100 mn company managing commodities exchange? 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