Egypt buys 49,000 tonnes of rice from local market

Egypt's General Authority for Supply Commodities (GASC) said on Thursday it bought 49,000 tonnes of rice from the local market through a tender. Nomani Nomani, vice chairman of GASC said the price range was 1,595-1,639 Egyptian pounds per tonne and the quantity was due to be supplied to the consumers under the subsidy programme between March 25 and April 14.