Latest in Tag: General Authority for Supply Commodities Highlight
Latest in Tag: General Authority for Supply Commodities

Temporary rice shortage reveals tenuous balance between food security and government’s drive for profit
The GASC issued a series of calls to tender, moving between local suppliers, whom it owed outstanding payment, and international suppliers, whom it failed to interest

GASC purchases 300,000 tonnes of wheat, reserves safe until June
Wheat quantities to be supplied in March from France, Romania, Ukraine, and Argentine

EGP 2.8bn in urgent funds to improve public services: Finance ministry
Ministry of Finance dedicates EGP 74.1m for operation of non-economic railway lines and student subscriptions, says Abdel Fattah

No backtracking on rice exports at EGP 2,000 per tonne
Expected returns set at $1bn for exporters and $280m in returns for state due to export fee

Egypt imports 230,000 tons of wheat from Russia, Ukraine and Romania
Minister of Supply says current wheat supply is sufficient until mid-June
Egypt sticks to tough standards for wheat imports
Reuters – Egypt is committed to keeping tough specifications on wheat imports, Supply Minister Khaled Hanafy said on Tuesday, giving no sign the world’s top wheat importer will bow to lobbying by French exporters for easier standards. Egypt exerts a strong influence over the global wheat market with its imports of 10m tonnes per year, …

New supply minister resumes wheat imports
The Egyptian government has so far imported 300,000 tonnes of wheat from Ukraine, Romania and Russia.
Global wheat prices expected to soar
By Basma Tharwat The drought that recently hit the United States and Russia, the largest wheat exporters in the world, triggered fears of a global price rise of the strategic commodity. One of the world’s largest wheat importers, Egypt is expected to suffer greatly as a result. Noamany Nasr Noamany, Vice President of the General …