inflation

Opposition stages protests in Matareya over power cuts, bread prices
Egypt

Opposition stages protests in Matareya over power cuts, bread prices

Members of various Egyptian opposition parties and political movements staged protest marches on Wednesday
PM: Prices have risen, but so have incomes
Business

PM: Prices have risen, but so have incomes

Inflationary trends in the local economy have been accompanied by increases in workplace wages, Prime Minister Ahmed Nazif said on…
Egypt pound reaches 3-1/2 year low against dollar
Business

Egypt pound reaches 3-1/2 year low against dollar

The Egyptian pound reached a 3-1/2 year low against the dollar on Wednesday as risk-averse investors switched into US treasuries…
Official: Government to allow cattle imports from US, EU
Business

Official: Government to allow cattle imports from US, EU

The Ministry of Agriculture has for the first time approved the importation of male cattle from the United States and…
FAO: Wheat prices not yet a threat to inflation
Business

FAO: Wheat prices not yet a threat to inflation

Milan--World wheat price rises are not yet sufficient to trigger global food inflation, an economist at the UN Food and…
Man killed in Naga Hammadi bread line
Business

Man killed in Naga Hammadi bread line

A young man was killed on Sunday in a fight over a loaf of bread in front of a bakery…
Angered public hits streets over price hikes, water cuts
Egypt

Angered public hits streets over price hikes, water cuts

Various Egyptian cities witnessed demonstrations and vigils on Sunday in protest
Russia vows to reschedule wheat shipments to Egypt despite export ban
Business

Russia vows to reschedule wheat shipments to Egypt despite export ban

The government on Tuesday declared that it was satisfied with an announcement by Russian Deputy Prime Minister Viktor Zubkov that…
Activists protest rising food prices before Ministers Council
Egypt

Activists protest rising food prices before Ministers Council

Members of the People's Free Front (PFF), Kefaya and 6 April opposition movements staged protests against rising retail food prices
Egypt to reduce wheat imports as global prices skyrocket
Business

Egypt to reduce wheat imports as global prices skyrocket

Egypt plans to reduce its wheat imports in light of a recent 46-percent spike in global wheat prices, the Trade…
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