{"id":595333,"date":"2019-09-23T04:27:49","date_gmt":"2019-09-23T04:27:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/"},"modified":"2019-09-23T04:27:49","modified_gmt":"2019-09-23T04:27:49","slug":"egypt-to-launch-in-october-first-agriculture-commodities-exchange","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/","title":{"rendered":"Egypt to launch in October first agriculture commodities exchange"},"content":{"rendered":"

The Supply Ministry will launch next month Egypt\u2019s first exchange for industrial and agricultural commodities, where traders usually<\/a> buy and sell futures contracts, Minister Ali El Moselhy said, according to a cabinet statement<\/a>. The exchange will be 60% owned by the state and 40% by the private sector. It will initially allow<\/a> five commodities \u2014 flour, iron, oil, corn, and cement \u2014 to be traded. Setting up a commodities exchange will help the government better calculate taxes, EGX boss Mohamed Farid added.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Supply Ministry will launch next month Egypt\u2019s first exchange for industrial and agricultural commodities, where traders usually buy and sell futures contracts, Minister Ali El Moselhy said, according to a cabinet statement. The exchange will be 60% owned by the state and 40% by the private sector. It will initially allow five commodities \u2014 […]<\/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":[97,2416,2319,72,7087],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595333","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-agriculture","tag-basic-materials-commodities","tag-egyptian-commodities-exchange","tag-enterpriseam","tag-finance","wpautop","entry"],"acf":{"mongo_id":"df40f2af-b17c-4cae-9a70-74ff7931b49c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595308],"teaser":"","voice_url":""},"yoast_head":"\nEgypt to launch in October first agriculture commodities exchange - 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\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to launch in October first agriculture commodities exchange\" \/>\n<meta property=\"og:description\" content=\"The Supply Ministry will launch next month Egypt\u2019s first exchange for industrial and agricultural commodities, where traders usually buy and sell futures contracts, Minister Ali El Moselhy said, according to a cabinet statement. The exchange will be 60% owned by the state and 40% by the private sector. It will initially allow five commodities \u2014 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-23T04:27:49+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\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt to launch in October first agriculture commodities exchange\",\"datePublished\":\"2019-09-23T04:27:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"agriculture\",\"Basic Materials + Commodities\",\"Egyptian Commodities Exchange\",\"EnterpriseAM\",\"Finance\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-to-launch-in-october-first-agriculture-commodities-exchange\/\",\"name\":\"Egypt to launch in October first agriculture commodities exchange - 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President Abdel Fattah El Sisi had ordered the establishment of the exchange, which resembles more a market than the CME, last year as part of his strategy to spur\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":600112,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/supply-ministry-to-establish-commodities-exchange-this-year\/","url_meta":{"origin":595333,"position":2},"title":"Supply Ministry to establish commodities exchange this year","author":"enterpriseam admin","date":"20 January 2019","format":false,"excerpt":"The Supply Ministry expects to establish an exchange market for industrial and agricultural commodities this year, Assistant Supply Minister Ibrahim Ashmawy said, according to Al Mal. The exchange will initially allow five commodities \u2014 flour, iron, oil, corn and cement \u2014 to be traded.","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":599603,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/beheira-to-launch-agricultural-commodities-wholesale-market-in-april\/","url_meta":{"origin":595333,"position":3},"title":"Beheira to launch agricultural commodities wholesale market in April","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"Beheira will be ready to launch its agricultural commodities wholesale market in April, head of the Beheira Chamber of Commerce Fathy Morsy said at a presser yesterday, according to Al Masry Al Youm. 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