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Egypt to list cotton in commodities exchange

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Egyptian Gazette
Home Egypt

Egypt to list cotton in commodities exchange

by Gazette Staff
July 20, 2023
in Egypt, Local
Egypt to list cotton in commodities exchange 12 - Egyptian Gazette
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Public Business Sector Minister Mahmoud Esmat discussed on Thursday with chairman of the Egyptian Exchange necessary measures to list Egyptian cotton in the commodities exchange in a bid to improve the marketing of such a strategic commodity.

The move complies with State’s plan to expand cotton cultivation as part of the national project for spinning and weaving industry development.

A statement by the Public Business Sector Ministry said today meeting comes as part of the country’s policy to encourage cultivation of strategic crops to secure market needs and export surplus.

Tags: cottonEgyptian Exchangespinning and weaving industry

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