commodity prices

Egypt forms committee to set profit margins for sale of basic goods
Business

Egypt forms committee to set profit margins for sale of basic goods

Egypt's government has formed a cabinet-level committee that will determine how much profit can be made from the sale of…
Egypt to boost subsidies on household goods to balance currency devaluation
Egypt

Egypt to boost subsidies on household goods to balance currency devaluation

The Egyptian government is planning to increase subsidies on household goods to prevent soaring prices resulting from an imminent currency…
Commodity slump pushes Africa back into IMF’s embrace
Business

Commodity slump pushes Africa back into IMF’s embrace

Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund, which has an…
International prices of commodities continue to soar
Business

International prices of commodities continue to soar

The international prices of basic commodities have continued to rise, nudging close to, and in some instances surpassing, prices witnessed…
Govt report: Prices of meat and fish stable in January
Egypt

Govt report: Prices of meat and fish stable in January

The changes in food prices during January are at odds with those of December 2010, said a government report.Tomatoes, white…
Banks to reopen Sunday following longest closure since January 25
Business

Banks to reopen Sunday following longest closure since January 25

Banks will on Sunday reopen following the longest period of closure brought about by the 25 January revolution.Meanwhile, Farouq al-Oqda,…
Butchers, green grocers slash prices in solidarity with revolution
Business

Butchers, green grocers slash prices in solidarity with revolution

Several butchers and green grocers have decided to lower their prices in solidarity with the 25 January revolution.Traders raised banners…
Prices have increased, selling has dropped, say traders
Egypt

Prices have increased, selling has dropped, say traders

The prices of fruit and vegetables have continued to rise, several wholesale traders said yesterday, attributing this to difficulties in…
CAPMAS: Sugar prices up, chicken and tomatoes down
Egypt

CAPMAS: Sugar prices up, chicken and tomatoes down

The price of sugar rose to LE5.74 per kilo in December, up 14.6 percent from November, the Central Agency for…
Govt scraps restrictions on mandatory sale announcements
Business

Govt scraps restrictions on mandatory sale announcements

The Ministry of Trade has decided to lift restrictions imposed on traders regarding mandatory sale announcements. It has also authorized…
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