Future of Egypt authority push to consolidate monopoly over rice exports

The Future of Egypt for Sustainable Development Authority has been designated by a presidential directive as the country’s sole rice exporter, according to a letter the military-controlled body sent to the Egyptian Customs Authority dated April 23. The move grants the authority a monopoly over Egypt’s rice exports, seeking to place it at the head of the sector above the Sons of Sinai, the company owned by business magnate Ibrahim […] The post Future of Egypt authority push to consolidate m...

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