{"id":207257,"date":"2020-12-27T21:04:37","date_gmt":"2020-12-27T19:04:37","guid":{"rendered":"http:\/\/almowatna.news\/?p=207257"},"modified":"2020-12-27T21:04:37","modified_gmt":"2020-12-27T19:04:37","slug":"egypt-working-establishment-first-commodity-exchange-company-cabinet","status":"publish","type":"post","link":"http:\/\/almowatna.news\/?p=207257","title":{"rendered":"Egypt is working on establishment of first commodity exchange company: Cabinet"},"content":{"rendered":"<p>The Egyptian government is establishing first commodity exchange company in Egypt to control the prices of basic commodities, the Cabinet announced on Sunday in an annual report on the Ministry of Supply and Internal Trade\u2019s achievements in 2020.<\/p>\n<p>The new exchange aims at shrinking the circle of commodity trading from the source to the consumer, and saving the transportation cost, which represents 30% of the total cost of goods, the report clarified.<\/p>\n<p>In the new exchange company, farmers\u2019 products will be collected, classified and made available for all dealers on the exchange platform, in a way that contributes to increasing the competitiveness of small farmers and producers.<\/p>\n<p>The commodity exchange company will participate in wheat season trading in April 2020, announced Minister of Supply and Internal Trade Ali Al-Meselhi in a statement on Sunday.<\/p>\n<p>Investments of LE40 billion have been injected to establish 19 logistic and commercial zones, including two completed areas in Gharbia and Beheira governoartes, Egypt\u2019s Delta, the report added.<\/p>\n<p>It is expected that the new projects would provide more than 400,000 direct and indirect job opportunities.<\/p>\n<p>Egypt Today <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian government is establishing first commodity exchange company in Egypt to control the prices of basic commodities, the Cabinet announced on Sunday in an annual report on the Ministry of Supply and Internal Trade\u2019s achievements in 2020. The new exchange aims at shrinking the circle of commodity trading from the source to the consumer, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":207260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7863],"tags":[68137,17015,23531,2484,49888],"class_list":["post-207257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-section","tag-ali-al-meselhi","tag-beheira","tag-cabinet","tag-egypt","tag-gharbia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Egypt is working on establishment of first commodity exchange company: Cabinet | \u0627\u0644\u0645\u0648\u0627\u0637\u0646\u0629 \u0646\u064a\u0648\u0632<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/almowatna.news\/?p=207257\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt is working on establishment of first commodity exchange company: Cabinet | \u0627\u0644\u0645\u0648\u0627\u0637\u0646\u0629 \u0646\u064a\u0648\u0632\" \/>\n<meta property=\"og:description\" content=\"The Egyptian government is establishing first commodity exchange company in Egypt to control the prices of basic commodities, the Cabinet announced on Sunday in an annual report on the Ministry of Supply and Internal Trade\u2019s achievements in 2020. The new exchange aims at shrinking the circle of commodity trading from the source to the consumer, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/almowatna.news\/?p=207257\" \/>\n<meta property=\"og:site_name\" content=\"\u0627\u0644\u0645\u0648\u0627\u0637\u0646\u0629 \u0646\u064a\u0648\u0632\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Elmowatnanews-%d8%a7%d9%84%d9%85%d9%88%d8%a7%d8%b7%d9%86%d8%a9-%d9%86%d9%8a%d9%88%d8%b2-654086708064692\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-27T19:04:37+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/almowatna.news\/wp-content\/uploads\/2020\/12\/34736.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"628\" \/>\n\t<meta property=\"og:image:height\" content=\"378\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Fouad Robert\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" 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