Egypt to penalize bakeries delaying subsidized bread cost payments
The General Authority for Supply Commodities (GASC) in Egypt has announced it…
Egypt, EU sgn €90m funding deal for food security
Egypt and the European Commission have signed a €90m concessional funding agreement…
Egypt secures $250m loan from AFC, ITFC for GASC, EGPC
Egypt has secured a $250m Sharia-law compliant trade loan facility from the…
GASC sets basic commodities tenders’ delivery in January
There will be no change in bread subsidy system no matter how…
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…
GASC purchases 300,000 tonnes of wheat, reserves safe until June
Wheat quantities to be supplied in March from France, Romania, Ukraine, and…
Egyptian wheat security under threat
Egypt faces an impending crisis in its main food commodity as suppliers…
GASC permits entry of wheat shipment containing traces of ergot fungi above regulatory limit
Health Ministry approved the shipment on 30 December, says GASC vice president
Banque Misr provides EGP 500m bridge loan to GASC until EGP 2bn loan is finalised
21% increase in loans and bank deposits until end of June 2015,…
