Tender
This is the first digital tender to be held through Egypt Upstream Gateway (EUG).
The authority invited tenders in November 2019, and received three offers in January.
The tender is for one 30,000 tonne cargo for loading at the Dekheila port of Alexandria between May 1 to 3.
The state grain buyer said on Tuesday it bought 120,000 tonnes of Russian wheat as the country looks to bolster its strategic reserves amid the coronavirus outbreak.
Investors will be given the opportunity to bid on 320 blocks over an area of about 56,000 square kilometres in the Eastern Desert and the Red Sea.
Minister of Transport has instructed adopting a new booking method at metro stations in a bid to reduce the crowd at ticket booths and apply digital transformation in the sector.
That is in replacement of a Japanese consortium whose offer was rejected.
Egypt's gas production amounts to around 6,400 million cubic feet per day.
The offer was presented by Daewoo. Results are expected later on Thursday.
Molla pointed out that the bill for the supply of petroleum products to the domestic market rose to more than $1.5 billion per month due to the rise in world oil prices during the last period.
The offer was for 60,000 tonnes of Russian wheat and was presented by Daewoo, they said.
Egypt’s General Authority for Supply Commodities (GASC) announced it has purchased 420,000 tons of wheat from Russia and Romania on Tuesday.
El Sewedy Electric company was selected for a $20 million international tender of the rural electrification project in Aftout El-Chargui zone in Mauritania.
Egyptian Railways Authority will issue a selective tender to select a consulting office to prepare the advisory work for the purchase of 100 new tractors.
The project will connect the eastern resort of Ain al-Sokhna to El Alamein, a town west of Alexandria that was scene of a battle in World War Two.
The Egyptian Natural Gas Holding Company will issue a tender for onshore and offshore natural gas exploration in nine blocks, the company's Vice Chairman said.
The approximate cost of the deal is $600 million.
U.S. buyout fund KKR & Co LP (KKR.N) managed a successful tender offer for Japanese semiconductor equipment maker Hitachi Kokusai Electric Inc (6756.T) by a razor-thin margin.
The offers are from Italy and Latvia, in addition to a joint Russian-Hungarian offer.
Egypt’s state grain buyer General Authority for Supply and Commodities (GASC) GASC said on Tuesday.
