Latest news with #GASC
Associated Press
5 days ago
- Entertainment
- Associated Press
OKTOBERFEST MIAMI® RETURNS IN 2025 WITH BAVARIAN BEER, LIVE MUSIC, AND FAMILY FUN — PROST. DANCE. CELEBRATE.
South Florida's Largest German Beer & Culture Festival is Back October 10–12 & 17–19 'Lederhosen, sunshine, great beer, and pure joy. We're not just throwing a party; we're building a community rooted in tradition, fun, and togetherness.'— Ben, GASC Miami MIAMI, FL, UNITED STATES, June 27, 2025 / / -- The German American Social Club of Greater Miami proudly announces the return of Oktoberfest Miami ®, taking place over two unforgettable weekends this fall: October 10–12 and 17–19. Now in its 68th year, Oktoberfest Miami has evolved into one of the most dynamic cultural festivals in the state, bringing Bavarian tradition to the heart of South Florida with a local twist — it's where lederhosen meets Miami style under the sun — the beats are bold, the brews are cold, and the crowd is here to dance, cheer, and celebrate nonstop. Last year's edition was the most successful to date, with more than 10,000 attendees enjoying a mix of family-friendly programming and vibrant nightlife. This year's festival promises even more excitement with returning fan favorites and brand-new highlights. ⭐ Headliners & Highlights Oktoberfest Miami 2025 will once again showcase an incredible entertainment lineup, including: Die Donau Piraten – Austria's top party band and Oktoberfest icons Die Seitz Bubn – Bavarian veterans with over 40 years of international touring VRONI – The charismatic Schlager star known from Oktoberfests across Florida Also new this year, the Horst Eckel Stiftung joins the celebration to honor the legacy of Germany's 1954 World Cup victory. Soccer fans can experience the inspiring story of Horst Eckel and learn how the foundation promotes education and empowerment through the spirit of football. 'Nicht den Kopfball, den Kopf wollen wir trainieren.' – The Horst Eckel Foundation brings this message of inspiration to Miami's youth. 👑 Miss Oktoberfest Miami® Returns Back by popular demand, the Miss Oktoberfest Miami® competition is set to crown its second-ever winner. Contestants will compete in traditional dress, charm the crowd, and celebrate German-American heritage with pride. 🌴 Cultural Fusion, Local Flavor What sets Oktoberfest Miami apart? It's the cultural remix — authentic German traditions meet tropical Miami energy. Enjoy: Traditional stein-holding and yodeling contests Spontaneous crowd dances and live audience games German-American vendors, handcrafted goods, and culinary delights With support from iconic brands like Paulaner, Bärenjäger, and Kleiner Feigling, alongside local institutions like Zoo Miami, Miami-Dade County Department of Cultural Affairs, Convivio Bookworks, and Artifex Construction, the festival creates a rich cultural atmosphere that celebrates diversity and community. 🍺 Food, Drinks & Family Fun Guests can expect: German sausages, schnitzel, and strudel Imported beer and craft beverages Dedicated Kids Zones, face painting, bounce houses, and games A newly enhanced Beer Garden and upgraded VIP Zone experience Whether you're coming for the music, food, contests, or to dance in a dirndl — there's something for everyone. 🎟️ Tickets On Sale Now Early Bird Tickets are available now — save up to 25% on General Admission! VIP packages include premium perks such as food, drinks, exclusive seating, and more. Tickets and full details available at: VIP seating is limited. Group discounts and corporate packages are available by contacting [email protected]. 📍 Event Details Location: German American Social Club 11919 SW 56th St, Miami, FL 33175 Dates & Times: October 10 (Fri) – 6 PM–12 AM October 11 (Sat) – 2 PM–12 AM October 12 (Sun) – 2 PM–10 PM October 17–19 – Same schedule Follow us on Instagram @ and Facebook @GASCMiami for updates, giveaways, and special announcements. 📖 About Oktoberfest Miami® Founded in 1958 by the German American Social Club of Greater Miami, Oktoberfest Miami® is the oldest Oktoberfest in Florida and one of the longest continuously running Oktoberfests in the United States. The event brings thousands of visitors together every year to celebrate German culture through beer, music, food, dance, and heritage — Miami style. German American Social Club of Greater Miami +1 305-552-5123 email us here Ben Maares Visit us on social media: Instagram Facebook Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Zawya
03-06-2025
- Business
- Zawya
Egypt's new grains buyer struck rare deal for French wheat, sources say
DUBAI - Egypt's state grains buyer Mostakbal Misr agreed in April to buy around 180,000 metric tons of French wheat from two top European traders, trading sources said, in a sign of growing acceptance of the new entity by global suppliers. Mostakbal Misr bought two 60,000 metric ton cargoes from one firm and another similarly sized cargo from another, two trading sources with knowledge of the matter told Reuters, though they said delivery of the cargoes was facing delays. The private agreement, which has not been previously reported, is one of the few instances Mostakbal Misr has been able to secure cargoes for Egypt's massive bread subsidy programme directly from global suppliers. Those suppliers have been hesitant to deal with the little-known military agency, traders say. Egypt is one of the world's top wheat importers, buying about five million tons from abroad on average. For decades, the General Authority for Supply Commodities (GASC), a civilian agency that is part of the supply ministry, imported wheat and vegetable oils through international tenders. Since Mostakbal Misr took over the import of major commodities in December, it has relied on local importers to act as intermediaries on purchases. Its lack of experience dealing with global commodity traders contributed to early teething problems, said one of the sources. "Global traders were asking for a commercial registry or a tax card so that risk departments would approve any deals with them but that was not provided," the source said. "That's why local importers came in as intermediaries." If the deals can be successfully concluded it would mark a breakthrough for Mostakbal Misr, but the sources, both of whom spoke on condition of anonymity because of the sensitivity of the matter, said there had been delays in opening letters of credit to pay for the shipments, as well as in assigning freight to transport them. Traders said at least some of the volume was expected to be loaded in May, and the rest in June. The second source said the two cargoes were sold at a price of $246 per ton for immediate, "at sight" payment, while the third cargo was sold for $256 per ton with deferred payment via 180-day letters of credit. Egypt's supply ministry and Mostakbal Misr did not respond to requests for comment. Suppliers went ahead with the deal as a result of weak global demand, especially for French wheat which has been impacted by a spat with Algeria, the first source said. The deal coincided with a visit by French President Emmanuel Macron to Egypt in April. Reuters could not determine if the deal was connected to the visit. The sales to Egypt could be a boost for French wheat exports after a dire spell marked by a poor harvest and diplomatic tensions with Algeria, though the absence of any loadings in May has created uncertainty in the market over the deals. France exports wheat only occasionally to Egypt, with its previous shipments dating back to July last year. The European Union's biggest wheat producer generally struggles to compete against Black Sea suppliers like Russia and Romania that dominate the Egyptian import market. But traders say a drop in French prices this year coupled with increased Black Sea prices created an opportunity. Bulgarian wheat that Mostakbal Misr bought directly in a similar deal earlier this year was successfully shipped. "This time is more serious than others. They are dealing with big international suppliers directly," said the second source. "We are waiting to see how this deal is going to be executed." Mostakbal Misr is currently holding talks for the purchase of Bulgarian and Romanian wheat.
Reuters
02-06-2025
- Business
- Reuters
Exclusive: Egypt's new grains buyer struck rare deal for French wheat, sources say
DUBAI, June 2 (Reuters) - Egypt's state grains buyer Mostakbal Misr agreed in April to buy around 180,000 metric tons of French wheat from two top European traders, trading sources said, in a sign of growing acceptance of the new entity by global suppliers. Mostakbal Misr bought two 60,000 metric ton cargoes from one firm and another similarly sized cargo from another, two trading sources with knowledge of the matter told Reuters, though they said delivery of the cargoes was facing delays. The private agreement, which has not been previously reported, is one of the few instances Mostakbal Misr has been able to secure cargoes for Egypt's massive bread subsidy programme directly from global suppliers. Those suppliers have been hesitant to deal with the little-known military agency, traders say. Egypt is one of the world's top wheat importers, buying about five million tons from abroad on average. For decades, the General Authority for Supply Commodities (GASC), a civilian agency that is part of the supply ministry, imported wheat and vegetable oils through international tenders. Since Mostakbal Misr took over the import of major commodities in December, it has relied on local importers to act as intermediaries on purchases. Its lack of experience dealing with global commodity traders contributed to early teething problems, said one of the sources. "Global traders were asking for a commercial registry or a tax card so that risk departments would approve any deals with them but that was not provided," the source said. "That's why local importers came in as intermediaries." If the deals can be successfully concluded it would mark a breakthrough for Mostakbal Misr, but the sources, both of whom spoke on condition of anonymity because of the sensitivity of the matter, said there had been delays in opening letters of credit to pay for the shipments, as well as in assigning freight to transport them. Traders said at least some of the volume was expected to be loaded in May, and the rest in June. The second source said the two cargoes were sold at a price of $246 per ton for immediate, "at sight" payment, while the third cargo was sold for $256 per ton with deferred payment via 180-day letters of credit. Egypt's supply ministry and Mostakbal Misr did not respond to requests for comment. Suppliers went ahead with the deal as a result of weak global demand, especially for French wheat which has been impacted by a spat with Algeria, the first source said. The deal coincided with a visit by French President Emmanuel Macron to Egypt in April. Reuters could not determine if the deal was connected to the visit. The sales to Egypt could be a boost for French wheat exports after a dire spell marked by a poor harvest and diplomatic tensions with Algeria, though the absence of any loadings in May has created uncertainty in the market over the deals. France exports wheat only occasionally to Egypt, with its previous shipments dating back to July last year. The European Union's biggest wheat producer generally struggles to compete against Black Sea suppliers like Russia and Romania that dominate the Egyptian import market. But traders say a drop in French prices this year coupled with increased Black Sea prices created an opportunity. Bulgarian wheat that Mostakbal Misr bought directly in a similar deal earlier this year was successfully shipped. "This time is more serious than others. They are dealing with big international suppliers directly," said the second source. "We are waiting to see how this deal is going to be executed." Mostakbal Misr is currently holding talks for the purchase of Bulgarian and Romanian wheat.
CairoScene
09-03-2025
- Business
- CairoScene
Bakeries Delaying Subsidised Bread Cost Payments to Be Penalised
Non-compliant bakeries will also have their bread quota subsidised by 25%. Mar 09, 2025 Bakeries operating with natural gas and failing to pay the differences in bread production will be penalised, according to an announcement by the General Authority for Supply Commodities (GASC). Bakeries that do not adhere to their scheduled payments will now face a penalty of 25% on all their outstanding debts. Interest penalties aside, non-compliant bakeries will also have their subsidised bread quota reduced by 25%. The GASC has stated that they have compiled an official list of bakeries that have yet to make their payments and have distributed said list to directorates nationwide. Over two-thirds of Egyptian families benefit from the bread subsidy in the country.
Daily News Egypt
08-03-2025
- Business
- Daily News Egypt
Egypt to penalize bakeries delaying subsidized bread cost payments
The General Authority for Supply Commodities (GASC) in Egypt has announced it will penalize subsidized bakeries operating with natural gas that fail to pay the differences in bread production costs promptly. According to a statement released by GASC on Saturday, bakeries that do not adhere to the payment schedule will face a penalty of 25% interest on outstanding debts. This measure is in accordance with a ministerial decision issued in August 2024. In addition to the interest, non-compliant bakeries will also have their subsidized bread quota reduced by 25%. GASC emphasized the importance of timely payments to maintain the integrity of the subsidized bread system and protect the rights of all stakeholders. The authority also stated that it has compiled lists of bakeries that have not met their payment obligations and has distributed these lists to supply directorates nationwide. These directorates will now begin implementing the penalties outlined in the ministerial decision. GASC is urging all subsidized bakeries using natural gas to expedite the settlement of any outstanding debts related to bread production cost differences to avoid incurring these penalties. The authority aims to ensure a fair and efficient subsidized bread programme by enforcing these regulations. Two-thirds of Egyptian families or around 70 million Egyptians benefit from the bread subsidy in the country. Egyptians rely heavily on bread as a food staple.
