Sugar trading on the commodity exchange was suspended in December 2023, followed later by corn and wheat, after the Ministry of Supply cited excessive speculation that disrupted markets and led to the cancellation of three wheat tenders.
Egypt's Commodity Exchange has marked a significant milestone, achieving EGP 21 billion in trades since its inception in November 2022.
Ashmawy stated that the inclusion of gold on the exchange will proceed after ensuring proper governance processes and obtaining approval from the regulator, represented by the Stamp and Weights Authority.
