GFM Network News


Egypt to launch ag commodities bourse by year-end

Cairo | Reuters –– Egypt plans to launch an agricultural-focused commodities trading exchange, the first of its kind in the Middle East, by the end of 2016, Supplies Minister Khaled Hanafi said Monday. Egypt announced plans to set up a global commodities centre in 2014, but gave few details at the time. Hanafi said that […] Read more

Switzerland asks voters not to ban farm derivatives trade

Zurich | Reuters –– Switzerland’s government on Tuesday urged voters to reject a campaign to ban trading in agricultural derivatives, saying the well-meaning attempt to alleviate world hunger would not succeed and only jeopardize Swiss jobs and tax revenue. The “No Speculation with Food” initiative is subject of a binding referendum on Feb. 28 under […] Read more