inflation

Economists call for govt price controls to offset inflation
Business

Economists call for govt price controls to offset inflation

Local economy experts are proposing that the government adopt mechanisms aimed at controlling skyrocketing retail prices, including mandatory pricing schemes…
Economists fear impact of Egypt pound’s slide against dollar
Business

Economists fear impact of Egypt pound’s slide against dollar

After declining sharply since mid-July, the Egyptian pound fell to 5.69 against the US dollar on Wednesday, representing its lowest…
Butane gas canisters to be sold by coupon as of January
Egypt

Butane gas canisters to be sold by coupon as of January

Starting in January, butane gas canisters will be sold to the public via coupon, Social Solidarity Minister Ali al-Meselhi announced…
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
Back to top button