Latest Updates

Egypt’s flexible exchange rate policy

According to Reuters, in January of 2017 Egypt fixed its customs dollar exchange rate, since then adjusting it on a monthly basis, so as to help importers better cope with pricing of their merchandise.

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GASC, the world's largest wheat importer

In Egypt, the General Authority For Supply Commodities (GASC) procures strategic agricultural commodities with the purpose of developing the local and international market, while promoting fair competitiveness and prohibiting monopoly. All these functions are especially critical during the local wheat harvest season in April.

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