Egypt launches four commodity warehouses with EGP 12bn investments

Cairo – Mubasher: The Egyptian Minister of Supply and Internal Trade, Ali El-Mosely, announced that four strategic commodity warehouses were launched with investments of EGP 12 billion.

Local and International companies, corporations, and institutions that are interested in the project are invited to submit their bids, the minister added in a statement on Sunday.

On a side note, the minister revealed that the details of the EGP 100 million company which will manage the first Egyptian Commodities Exchange will be announced on Thursday, 3 September.

This came during the inauguration of a new HyperOne branch in New Sphinx City.

Mubasher Contribution Time: 30-Aug-2020 13:34 (GMT)
Mubasher Last Update Time: 30-Aug-2020 13:34 (GMT)