prices

VAT will not increase gasoline, diesel prices: GPC
Business

VAT will not increase gasoline, diesel prices: GPC

The chief executive of the General Petroleum Corporation, Tareq al-Hadidy, has denied that the looming introduction of a Value-Added Tax…
Save the middle class
Opinion

Save the middle class

After zuhr prayers on Friday, I went to buy my weekly needs from the grocery store, and I stopped at…
Wheat drops for 6th session on ample supplies; Egypt demand eyed
Business

Wheat drops for 6th session on ample supplies; Egypt demand eyed

U.S. wheat fell for a sixth consecutive session and hovered near a three-week low on Monday, as ample global stocks…
Price increase on govt services will quickly follow VAT law: Finance Ministry
Business

Price increase on govt services will quickly follow VAT law: Finance Ministry

The Egyptian government has said it will announce details of increased prices of certain public services as soon as the…
Combating deficit, Finance Ministry proposes raise on gov’t service prices
Business

Combating deficit, Finance Ministry proposes raise on gov’t service prices

Egypt is mulling raising the prices of some 14 government services to generate additional revenue for the state budget, a…
Egypt inflation rate at 14.8% in July: CAPMAS
Business

Egypt inflation rate at 14.8% in July: CAPMAS

The government statistics agency has announced an official inflation rate of 14.8 percent in July, showing now increase on the…
New electricity rates to be announced soon: minister
Egypt

New electricity rates to be announced soon: minister

Electricity Minister Mohamed Shaker said on Thursday that he plans to announce new price categories for electricity usage, saying that…
Most medicines are still available, despite shortages: Health Ministry
Egypt

Most medicines are still available, despite shortages: Health Ministry

The Health Ministry has advised citizens seeking hard-to-find medicines that most of them are indeed available, despite rumors to the…
Some medicines overpriced by 20%: Pharmacists’ Syndicate official
Egypt

Some medicines overpriced by 20%: Pharmacists’ Syndicate official

Sabry al-Tawila, head of the medicine industry commission at the Pharmacists' Syndicate, has submitted a list of medicines that have…
Increase in drug prices was necessary: syndicate chairman
Business

Increase in drug prices was necessary: syndicate chairman

The chairman of the Pharmacists Syndicate, Mohey Ebeid, said on Sunday that the government's policy of increasing the prices of…
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