{"id":578882,"date":"2023-01-17T04:12:21","date_gmt":"2023-01-17T04:12:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/"},"modified":"2023-01-17T04:12:21","modified_gmt":"2023-01-17T04:12:21","slug":"state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/","title":{"rendered":"State grain buyer GASC is getting into corn with first int\u2019l tender"},"content":{"rendered":"

COMMODITIES-<\/strong><\/p>\n

<\/a> State grain buyer GASC is set to launch its first-ever corn tender on 19 January<\/strong> to purchase supplies from international suppliers, according to a Supply Ministry statement<\/a>. The tender will be financed by the International Islamic Trade Finance Corporation and the corn will be used for feed, the statement reads. How the grain will be distributed is unclear.<\/p>\n

REMEMBER- <\/strong>While GASC assumes responsibility for wheat imports, feed grain stocks have typically been left to private firms. However, import restrictions amid the FX crunch have made it difficult for private players to bring feed into the country \u2014 with the supply constraints causing a rise in poultry prices in the local market. Egypt usually imports more than 1 mn metric tons of corn per month but bought just 924k tons in 4Q 2022, according to S&P Global<\/a>. The requirement for importers to obtain letters of credit, which was partly to blame for the logjam at ports, was scrapped by the CBE<\/a> at the beginning of January and the state has been working<\/a> to get livestock feed released from ports.<\/p>\n

\n

GASC has sold some 300k tons of wheat through the <\/strong>Egyptian<\/a><\/strong><\/a><\/strong>Mercantile Exchange (EMX)<\/a><\/strong> since it launched<\/a> at the end of November, Reuters reports<\/a>, citing EMX chairman Ibrahim Ashmawy. The wheat was sourced mainly from Russia and partially from Germany, he said.<\/p>\n

A lot of wheat has been coming in from Russia: <\/strong>The majority of our wheat imports (57%)<\/a> reportedly came from Russia in 2022, up from 50% in 2021. That trend looks set to continue this year, after GASC reportedly booked<\/a>at least 60k tons<\/a> of Russian wheat last Tuesday, with another 60k tons set to follow.<\/p>\n

The EMX:<\/strong> Launched in November<\/a>, the exchange aims to protect local farmers and producers against price distortions and to regulate trading. Suppliers to GASC are obliged to register with the exchange.<\/p>\n

\n

GASC plans to purchase less wheat from local farmers this year:<\/strong> The state will look to buy 4 mn tons of wheat this harvest season, which runs from April to August, Ahram Online<\/a> reports Supply Minister Ali El Moselhy as saying. The government procured around 4.2 mn tons of wheat<\/a> from local farmers during last year\u2019s harvest, missing the ambitious 6 mn-ton target set after spiking food prices forced the state to increase its reliance on local production.<\/p>\n

REMEMBER- The cabinet is tomorrow set to revise the state\u2019s local wheat purchase price<\/strong> for this year in a bid to incentivize production, with Ala Masouleety\u2019s Ahmed Moussa recently speculating that the price could rise to EGP 1.25K-1.35K<\/a> per ardeb from the EGP 1k set previously for the 2023 season.<\/p>\n

DEBT-<\/strong><\/p>\n

A syndicated loan for Qena industrial complex:<\/strong> An alliance comprising Emirati fertilizer company CFC Group\u2019s Egyptian subsidiary CFC Feed and Chemicals and local fertilizer firm Evergrow is mulling three syndicated loan offers for its USD 400 mn industrial complex<\/a> in Qena, Group CEO Ahmed Khalifa told Enterprise. A fourth offer is underway, Khalifa said, with the four bids set to be presented to the company\u2019s board of directors meeting on 8 March.<\/p>\n

\n

Real estate developer <\/strong>Inertia<\/a><\/strong> has signed an EGP 850 mn loan agreement <\/strong>with Banque Misr and Banque du Caire (BdC) to fund its flagship North Coast project Jefaira<\/a>, Managing Director Ahmed El Adawy reportedly told Hapi Journal<\/a> yesterday. Inertia has previously inked an EGP 575 mn loan agreement<\/a> with BdC and an EGP 1.1 bn eight-year Islamic financing agreement with Banque Misr<\/a> to fund the project.<\/p>\n

NBFS- <\/strong><\/p>\n

The Sovereign Fund of Egypt (SFE) and Etisalat Egypt have established Erada <\/strong>Microfinance<\/strong>, in a move designed to improve access to finance for micro and small businesses, according to a joint statement<\/a> yesterday. Erada Microfinance is a non-banking financial services (NFBS) company that aims to provide \u201cinnovative financial products\u201d for the expansion of small businesses. The statement did not disclose the shareholder structure of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"

COMMODITIES- State grain buyer GASC is set to launch its first-ever corn tender on 19 January to purchase supplies from international suppliers, according to a Supply Ministry statement. The tender will be financed by the International Islamic Trade Finance Corporation and the corn will be used for feed, the statement reads. How the grain will […]<\/p>\n","protected":false},"author":1,"featured_media":578883,"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":[111,2227,317,7106,6404,72,2224,550,131,595,83,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-578882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-cfc-group","tag-commodities","tag-debt","tag-emx","tag-enterpriseam","tag-evergrow","tag-gasc","tag-manufacturing","tag-non-banking-financial-services","tag-real-estate","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"991426a8-1f58-441f-8d4e-4e5e151fdfb5","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/278.jpg","photo_position":"above","related_issue":[578861],"teaser":"","voice_url":""},"yoast_head":"\nState grain buyer GASC is getting into corn with first int\u2019l tender - 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\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State grain buyer GASC is getting into corn with first int\u2019l tender\" \/>\n<meta property=\"og:description\" content=\"COMMODITIES- State grain buyer GASC is set to launch its first-ever corn tender on 19 January to purchase supplies from international suppliers, according to a Supply Ministry statement. The tender will be financed by the International Islamic Trade Finance Corporation and the corn will be used for feed, the statement reads. How the grain will […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-17T04:12:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"State grain buyer GASC is getting into corn with first int\u2019l tender\",\"datePublished\":\"2023-01-17T04:12:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/\"},\"wordCount\":645,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"CFC Group\",\"commodities\",\"debt\",\"EMX\",\"EnterpriseAM\",\"Evergrow\",\"GASC\",\"Manufacturing\",\"non-banking financial services\",\"real estate\",\"wheat\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/\",\"name\":\"State grain buyer GASC is getting into corn with first int\u2019l tender - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-01-17T04:12:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"State grain buyer GASC is getting into corn with first int\u2019l tender\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"State grain buyer GASC is getting into corn with first int\u2019l tender - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/","og_locale":"en_US","og_type":"article","og_title":"State grain buyer GASC is getting into corn with first int\u2019l tender","og_description":"COMMODITIES- State grain buyer GASC is set to launch its first-ever corn tender on 19 January to purchase supplies from international suppliers, according to a Supply Ministry statement. The tender will be financed by the International Islamic Trade Finance Corporation and the corn will be used for feed, the statement reads. How the grain will […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-01-17T04:12:21+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"State grain buyer GASC is getting into corn with first int\u2019l tender","datePublished":"2023-01-17T04:12:21+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/"},"wordCount":645,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1","keywords":["ALSO ON OUR RADAR","CFC Group","commodities","debt","EMX","EnterpriseAM","Evergrow","GASC","Manufacturing","non-banking financial services","real estate","wheat"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/","name":"State grain buyer GASC is getting into corn with first int\u2019l tender - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1","datePublished":"2023-01-17T04:12:21+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/state-grain-buyer-gasc-is-getting-into-corn-with-first-intl-tender\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"State grain buyer GASC is getting into corn with first int\u2019l tender"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/278.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":577104,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/09\/gasc-cancels-wheat-tender-on-high-prices\/","url_meta":{"origin":578882,"position":0},"title":"GASC cancels wheat tender on high prices","author":"enterpriseam admin","date":"9 November 2022","format":false,"excerpt":"Another canceled wheat tender thanks to high prices: State grain buyer GASC reportedly canceled an international wheat tender for delivery in December and January due to high prices, Hapi Journal reports, citing a Reuters story. Bidders rejected GASC\u2019s request to lower their C&F shipping offers to USD 360 per ton\u2026","rel":"","context":"In "Also on our Radar"","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":578635,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/09\/a-fresh-gasc-tender-for-wheat-backed-by-the-world-bank\/","url_meta":{"origin":578882,"position":1},"title":"A fresh GASC tender for wheat, backed by the World Bank","author":"enterpriseam admin","date":"9 January 2023","format":false,"excerpt":"GASC puts out a fresh international wheat tender: State grain buyer GASC has launched an international tender to purchase 30k-60k tons of wheat on a cost and freight basis for February delivery, according to a GASC statement. Traders need to submit their bids directly to GASC by midday tomorrow.Thanks, World\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\/2023\/1\/114.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547962,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/20\/gasc-scraps-wheat-tender-on-high-prices\/","url_meta":{"origin":578882,"position":2},"title":"GASC scraps wheat tender on high prices","author":"enterpriseam admin","date":"20 July 2022","format":false,"excerpt":"The General Authority For Supply Commodities (GASC) canceled its latest wheat tender yesterday, due to higher-than-expected prices, it said in astatement. The authority was seeking wheat from the US, Canada, Australia, Argentina or Brazil for delivery between September and November but faced paying at least USD 443 per ton after\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":556333,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/20\/gasc-is-angling-for-more-competitive-pricing-on-grain-shipping\/","url_meta":{"origin":578882,"position":3},"title":"GASC is angling for more competitive pricing on grain shipping","author":"enterpriseam admin","date":"20 October 2021","format":false,"excerpt":"GASC may suspend NNC\u2019s price advantage on grain shipments: State grain buyer GASC is set to suspend the 15% price advantage currently extended to national shipping line National Navigation Company (NNC) on delivering wheat imports to Egypt, Reuters reports, citing traders in Egypt and Europe. GASC runs shipping tenders parallel\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":599852,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/egypts-gasc-purchases-415k-tonnes-after-receiving-wheat-offers\/","url_meta":{"origin":578882,"position":4},"title":"Egypt\u2019s GASC purchases 415k tonnes after receiving wheat offers","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"State grain buyer GASC purchased 415,000 tonnes of Russian wheat in two international tenders on Wednesday, according to Al Shorouk. The shipments are due for delivery between 28-29 February and 1-10 March, according to the GASC tender offer. Russian suppliers\u2019 \u201cclean sweep\u201d in the GASC tender pushed wheat futures trading\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":545782,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/12\/gasc-is-tendering-again-but-only-for-european-wheat\/","url_meta":{"origin":578882,"position":5},"title":"GASC is tendering again \u2014 but only for European wheat","author":"enterpriseam admin","date":"12 April 2022","format":false,"excerpt":"GASC wants to buy wheat \u2014 but only from European suppliers: State grain buyer the General Authority for Supply Commodities (GASC) issued yesterday a limited tender for an unspecified amount of European wheat, Reuters reported. The tender is open only to European suppliers already accredited in GASC\u2019s tender book, marking\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\/2022\/4\/208.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578882","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=578882"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578882\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/578861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/578883"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=578882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=578882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=578882"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=578882"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=578882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}