Traders said GASC received a total of 11 offers, of which all the Chinese samples and one Vietnamese rice sample were accepted
A new tender is expected to be issued soon.
The loan will be repaid over 15 years at a rate of 2.2%, it said in a statement.
The offer was presented by ADM. Results are expected later on Wednesday.
Egypt's central bank deputy governor did not discuss the response of the World Bank and IMF to the idea
The Red Sea entity is an initiative by King Salman in order to achieve stability in the region
The money would be used to fund projects in Africa
The deficit is one of the main problems facing the government of Prime Minister Youssef Chahed as it grapples with an economic crisis.
ERC launched a comprehensive plan to rebuild the Red Sea Coast valued at $29.15mln
Tunisia’s central bank kept its key interest rate unchanged at 6.75% on Tuesday, the bank said.