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FINANCIAL NEWS
Egypt to issue wheat tender in 2 to 4 weeks
28 Oct 2013
(MENAFN) The Egyptian supplies minister said that his country is planning to issue a wheat tender in the next two to four weeks to ensure its supplies last until April next year, The Peninsula Qatar reported.
About 10 million tons of wheat are purchased annually by government and private buyers in Egypt. The General Authority for Supply Commodities (GASC) buys over 50 percent of the annual wheat purchased by the country.
GASC purchased 2.205 million tons of wheat from suppliers in Romania, Ukraine and Russia since the beginning of the 2013-2014 fiscal year that started on July 1 and is planning to buy an additional 5 to 5.5 million tons for the rest of the year.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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