Minister of Supply and Internal Trade Dr. Ali Al-Moselhi confirmed that a meeting will take place this week with EGX Chairman Dr. Mohamed Farid to discuss procedures for the start of trading on the commodities exchange (Egycomex).
Who is affected🤷 Al-Moselhi indicated that the meeting will announce the first commodities to start trading, & that trading is scheduled to start at the beginning of next year.
Why is this important🤔 Al-Moselhi stated that the Egycomex will provide a measure of protection for small farmers & producers. By collecting & classifying their production & making it available to all dealers on the Egycomex, competitiveness increases among small farmers & producers in a healthy & transparent way.
