21-02-2013 09:18 AM | Egypt

Currency crisis hits Egypt wheat

Egypt’s ouster of Nomani Nomani as buyer of more than 5 million metric tons of wheat a year on world markets put a spotlight on a role that brought stability to the task of feeding the nation’s 80 million people.

Nomani, 58, who worked at the General Authority for Supply Commodities since 1979 and took over as vice chairman under the government of former President Hosni Mubarak, said in an interview yesterday he will become an adviser to Supply Minister Bassem Oda on the planning and purchase of commodities. Mamdouh Abdel Fattah, 57, a colleague at GASC who joined the authority in 1981, will replace him.
Full Story : Bloomberg