GASC to receive 100,000 tons of imported sugar after mid-November: Egypt

Reuters

Minister of Supply and Internal Trade Ali Moselhy announced

Staff Writer, Arab Finance

November 7, 2023

PHOTO

The Egyptian General Authority for Supply Commodities (GASC) has signed a contract to import 100,000 tons of white sugar, to be delivered after mid-November, Minister of Supply and Internal Trade Ali Moselhy announced.

The minister pointed out that the country’s strategic reserve of sugar is sufficient until April 2024.

The Holding Company for Food Industries is supplying its warehouses with 2,000 to 3,000 tons of sugar daily under the food subsidy system, the Ministry of Supply’s spokesperson noted.

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