{"id":591582,"date":"2019-12-10T04:28:24","date_gmt":"2019-12-10T04:28:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/"},"modified":"2019-12-10T04:28:24","modified_gmt":"2019-12-10T04:28:24","slug":"egypt-gives-private-sector-first-call-at-cotton-bids-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/","title":{"rendered":"Egypt gives private sector first call at cotton bids next year"},"content":{"rendered":"

The government plans to have the private sector make the first bid for cotton in the coming season to attract increased private sector participation, Public Enterprises Minister Hisham Tawfik tells Masrawy<\/a>. The government will also hand over organizing the new cotton auctioning mechanism to a new or existing company. The public auction system was trialed in Fayoum and Beni Suef this year,<\/a> and proved controversial with private companies which complained about the high prices.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government plans to have the private sector make the first bid for cotton in the coming season to attract increased private sector participation, Public Enterprises Minister Hisham Tawfik tells Masrawy. The government will also hand over organizing the new cotton auctioning mechanism to a new or existing company. The public auction system was trialed […]<\/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":[9309],"tags":[2416,317,72,2080],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591582","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-commodities","tag-enterpriseam","tag-textiles","wpautop","entry"],"acf":{"mongo_id":"a4df0bdb-215b-4e5a-9cc1-c5802375baa0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[591550],"teaser":"","voice_url":""},"yoast_head":"\nEgypt gives private sector first call at cotton bids next year - 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\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt gives private sector first call at cotton bids next year\" \/>\n<meta property=\"og:description\" content=\"The government plans to have the private sector make the first bid for cotton in the coming season to attract increased private sector participation, Public Enterprises Minister Hisham Tawfik tells Masrawy. The government will also hand over organizing the new cotton auctioning mechanism to a new or existing company. The public auction system was trialed […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-10T04:28:24+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\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt gives private sector first call at cotton bids next year\",\"datePublished\":\"2019-12-10T04:28:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/\"},\"wordCount\":85,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"commodities\",\"EnterpriseAM\",\"textiles\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-gives-private-sector-first-call-at-cotton-bids-next-year\/\",\"name\":\"Egypt gives private sector first call at cotton bids next year - 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The public auction system was trialed in Fayoum and Beni Suef\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":574403,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/08\/private-sector-makes-bids-in-government-auction-of-2020-cotton-crop\/","url_meta":{"origin":591582,"position":1},"title":"Private sector makes bids in government auction of 2020 cotton crop","author":"enterpriseam admin","date":"8 September 2020","format":false,"excerpt":"The private sector has for the first time in the modern era participated in the state\u2019s cotton crop auction sale on Sunday organized by state-owned Cotton and Textile Industries Holding Company, according to a cabinet statement. Opening bids for the first auction-based pricing scheme for this year\u2019s cotton harvest started\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":573730,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/16\/new-cotton-trading-system-for-2020-2021-to-rely-on-public-auctions-for-pricing\/","url_meta":{"origin":591582,"position":2},"title":"New cotton trading system for 2020-2021 to rely on public auctions for pricing","author":"enterpriseam admin","date":"16 August 2020","format":false,"excerpt":"The government will implement a new cotton trading system in four governorates \u2014 Fayoum, Beni Sueif, Beheira, and Sharqia \u2014 for the 2020-2021 season that will rely on a public auction mechanism for the sale of the crop, according to a cabinet statement. The private sector will be permitted to\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":575302,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/private-sector-buys-40k-qintars-of-cotton-under-new-auction-system\/","url_meta":{"origin":591582,"position":3},"title":"Private sector buys 40k qintars of cotton under new auction system","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"Private-sector companies bought nearly 40k qintars of cotton since the launch of the state\u2019s new auction-based cotton trading system, which began on 15 September and will end on 15 December, cabinet said in a statement. Companies from the private sector won all auctions held in Fayoum, Beni Suef, Beheira, and\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":574685,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/17\/beheira-and-sharqia-to-hold-cotton-auctions-until-15-december-2020\/","url_meta":{"origin":591582,"position":4},"title":"Beheira and Sharqia to hold cotton auctions until 15 December 2020","author":"enterpriseam admin","date":"17 September 2020","format":false,"excerpt":"A new cotton trading system was rolled out in Beheira and Sharqia on Tuesday, with public auctions due to be held across the two governorates until mid-December, the Public Enterprises Ministry in a statement. Sales will be restricted to government-designated collection centers where farmers go to directly auction their crops.\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":575607,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/egypts-farmers-call-for-cotton-subsidies-as-low-prices-bite\/","url_meta":{"origin":591582,"position":5},"title":"Egypt\u2019s farmers call for cotton subsidies as low prices bite","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"Cotton traders are demanding the government provide subsidies to farmers worth EGP 200-300 per qintar to offset the low prices created by the new public auction system, reports Al Mal. 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