prices

Cabinet ‘surprised’ over decision to postpone sales tax increases
Egypt

Cabinet ‘surprised’ over decision to postpone sales tax increases

The Cabinet was not informed of President Mohamed Morsy’s decision to postpone a law on increasing commodity’ prices, and wasn’t…
With higher food prices, inflation rate rises in August
Egypt

With higher food prices, inflation rate rises in August

Inflation reached high rates during the month of August, rising by 1.2 percent compared with the previous month, while annual…
Official says cabinet considering increasing price of bread
Egypt

Official says cabinet considering increasing price of bread

The general department of mills and bakeries at the Federation of Chambers of Commerce has been asked to begin a…
Food prices changed drastically in May, statistics agency says
Egypt

Food prices changed drastically in May, statistics agency says

Food prices drastically changed in May compared to the previous month, according to the Central Agency for Public Mobilization and…
Central Bank: Balance of payments deficit at US$11.2 bn, inflation 7.2%
Business

Central Bank: Balance of payments deficit at US$11.2 bn, inflation 7.2%

Egypt's balance of payments slid deeper into the red in the first nine months of 2011–2012 with a deficit of…
Gas and butane prices pushed inflation up to 10.9% in February
Business

Gas and butane prices pushed inflation up to 10.9% in February

The urban consumer price index for February this year was 121.1 versus 110.9 a year earlier, pushed up by the…
Ministers to discuss economic, security issues with governors
Egypt

Ministers to discuss economic, security issues with governors

Prime Minister Kamal al-Ganzouri will head the second meeting of the Board of Governors on Wednesday to discuss a number…
Meat prices: A problem with no radical solution
Life & Style

Meat prices: A problem with no radical solution

As well as other centuries-old traditions, including family reunions, prayers, and new clothes for Eid al-Adha, slaughtering a sheep and…
Hajj prices cast shadow over pilgrimage season in Egypt
Business

Hajj prices cast shadow over pilgrimage season in Egypt

Prices for the Islamic pilgrimage season, which began on Saturday, continue to rise this year. Tourism companies, which control around…
Egypt faces shortage in wheat seeds
Business

Egypt faces shortage in wheat seeds

Egypt is facing a shortage in wheat seeds for the coming planting season because the Central Administration for Seed Production…
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