Arab Finance: The General Authority for Supply Commodities (GASC) has purchased 420,000 metric tons of wheat in an international tender, Al Arabiya reported.
The amount will be received in two shipments; the first slated for delivery from January 10th to 20th, while the second will be delivered between January 21st and 31st.
In October, Minister of Supply and Internal Trade Ali Moselhy said that Egypt’s wheat reserves are sufficient for 4.7 months.