Sacks filled with wheat are seen at the inaugural warehouse of Egypt’s new nationwide wheat storage system, designed by U.S. based Blumberg Grains, in Alexandria, Egypt, in this July 7, 2015 photo. REUTERS/Shadi Bushra
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At the far corner of a faceless government building in Cairo an unusually high-tech attempt to stem Egypt's waste-and-theft-riddled wheat market is quietly coming online this month. A dimly lit room awash with the soft glow of CCTV feeds from around the country, Blumberg Grain's command and control center is the central nervous system of a fast-expanding network of grain storage facilities the company says will save Egypt nearly $2 billion in five years.As Egypt begins its wheat harvest this month, storage systems from the grain logistics company will process and monitor about a quarter of the domestic crop for the first time.Cheap imported wheat falsely described as domestic grain accounted for roughly 2 million tons of supplies bought by the government last year, equating to a loss of nearly 2 billion Egyptian pounds ($225 million), industry sources have said.
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