price hikes
CBE explains reasons for rising interest rates
Business
December 23, 2022
CBE explains reasons for rising interest rates
The Central Bank of Egypt (CBE) said that raising the interest rate that went up by three percent came after…
Price hike crisis to be addressed in two weeks from now: PM
Business
December 15, 2022
Price hike crisis to be addressed in two weeks from now: PM
The government has set a plan to address the problem of price hikes. These plans are set to gonin motion…
Social protection package launched to alleviate economic burdens on poor: PM
Economy
August 10, 2022
Social protection package launched to alleviate economic burdens on poor: PM
President Abdel Fattah al-Sisi has instructed the launch of a social protection package, with the aim of alleviating the economic…
Prices of commodities reduced by 30%, meat sold at LE85 per kilo
Egypt
July 28, 2022
Prices of commodities reduced by 30%, meat sold at LE85 per kilo
The General Company for Wholesale Trade has 5,000 wholesale branches, and 1,350 outlets to pump all kinds of goods to…
Metro and railway ticket prices to be raised soon: Transport minister
Egypt
July 25, 2022
Metro and railway ticket prices to be raised soon: Transport minister
Egyptian Transport Minister Kamel al-Wazir announced the Transport Ministry’s plan to raise the prices of metro and railway tickets within…
Uber announces raising its prices in Egypt
Egypt
July 21, 2022
Uber announces raising its prices in Egypt
The Uber company in Egypt announced raising the prices of Uber trips after the Egyptian government’s recent decision to raise…
Will goods and services prices rise following fuel price hikes?
Egypt
July 14, 2022
Will goods and services prices rise following fuel price hikes?
After the Petroleum Products Automatic Pricing Committee announced an increase in fuel prices, experts expressed their fear that the prices…
Electrical appliances rise by 35% in Egypt
Egypt
July 1, 2022
Electrical appliances rise by 35% in Egypt
The prices of electrical appliances increased between 30 percent and 35 percent because of a shortage in the supply of…
No increase in prices of most imported goods: Importers Division member
Egypt
June 3, 2022
No increase in prices of most imported goods: Importers Division member
No increase in the prices of most imported goods is expected as a result of raising the price of the…
Custom dollar price raised to LE18.6 in June
Business
June 2, 2022
Custom dollar price raised to LE18.6 in June
The Ministry of Finance set the price of the customs dollar for June at LE18.64, as the Egyptian Customs Authority…