Exclusive-Egyptian Military Agency Takes Over Wheat Buying From …
Dec 6, 2024 · Firms owned by Egypt's military have flourished under President Abdel Fattah al-Sisi, unsettling some business leaders and foreign investors. The Egyptian government has said these companies were...
The Egyptian authorities have confirmed that instead of GASC, Mostakbal …
Dec 9, 2024 · Egypt's Ministry of Supply has granted Mostakbal Misr the authority to import key food items, such as wheat and vegetable oils, replacing the former agency, GASC, for food procurement. Mostakbal Misr had previously been involved in land reclamation projects.
Egypt military agency takes over wheat buying from decades-old …
Dec 6, 2024 · Mostakbal Misr is little known in the global world of wheat trading. In May 2022, it said it intended to lower Egypt’s wheat imports bill, by supplying about 1 million metric tons of local...
Egypt’s military to take over from GASC in managing strategic …
Dec 11, 2024 · EGYPT – The Egyptian military’s Mostakbal Misr Agency for Sustainable Development has been designated as the sole entity responsible for importing strategic food commodities, including wheat. The transition, outlined in a letter from Egypt’s Ministry of Supply to Russia’s Minister of Agriculture, marks the end of the decades-long role ...
Exclusive: Egypt secures wheat needs through June 2025
Dec 27, 2024 · Egypt’s state grain buyer, Mostakbal Misr for Sustainable Development, has locked in enough wheat to meet the country’s needs through the end of June 2025, two sources with direct knowledge...
Egyptian military agency takes over wheat imports from long …
Dec 7, 2024 · Egypt, one of the world’s largest wheat importers, has moved control of strategic food imports from the General Authority for Supply Commodities (GASC) to a military-affiliated agency, Mostakbal Misr for Sustainable Development, according to a letter seen by Reuters.
Egyptian military agency takes over wheat buying from decades …
Dec 9, 2024 · A letter from the Ministry to Oksana Lut, Russia’s Minister of Agriculture, said that the Mostakbal Misr Agency for Sustainable Development of the Egyptian Air Forces had become the exclusive body responsible for importing food commodities.
Mostakbal Misr Agency takes over GASC's role as main importer …
Dec 9, 2024 · Egypt has made a major change to its import strategy for key commodities, with Mostakbal Misr for Sustainable Development taking over procurement responsibilities, replacing the Egyptian Government Agency for Supply (GASC), Zerno On-Line reported, citing Reuters.
Egyptian military agency takes over wheat buying from decades …
Dec 9, 2024 · An Egyptian military agency, the Mostakbal Misr Agency for Sustainable Development of the Egyptian Air Forces, has taken over the country's import of strategic commodities, including wheat, from the General Authority for Supply Commodities (GASC).
Exclusive-Egypt's Mostakbal Misr secures 1.267 million tons of
CAIRO (Reuters) - Egyptian grain state-buyer, Mostakbal Misr for Sustainable Development, has successfully secured its wheat requirements through the end of June 2025, with total contracts ...
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