Penalty of price manipulation, monopolistic practices can reach up to LE2M: Egypt's Consumer Protection Agency

Sun, 30 Oct 2022 - 11:16 GMT

Hossam El Din's statements are made amid an expected rise in prices due to the devaluation of the Egyptian pound on Thursday.

17 consumer complexes to be developed in Upper Egypt

Sat, 10 Aug 2019 - 09:00 GMT

Consumer complexes are supermarkets owned by public companies to sell subsidized goods to citizens.

Fuel consumer prices to be reviewed quarterly per annum

Sat, 06 Jul 2019 - 12:00 GMT

Prime Minister Mostafa Madbouly issued a decree on Saturday mandating the review of fuel pricing quarterly per annum based on Brent crude oil price and the exchange rate.

New system to end false meters readings

Sat, 02 Mar 2019 - 12:33 GMT

False readings happen because readers in charge do not check the meters and report the average consumption.

Dropbox files for IPO of up to $500 million

Sat, 24 Feb 2018 - 09:51 GMT

Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million.

Nestlé committed to encourage people have healthier lives

Wed, 14 Feb 2018 - 04:56 GMT

Nestlé is committed to inspire people to lead healthier lives, Head of Nestlé Abidjan R&D Center, Joelle Oyouomi said.

Gasoline, rents seen lifting U.S. monthly CPI; annual rates to slow

Wed, 14 Feb 2018 - 08:42 GMT

U.S. consumer prices likely increased solidly in January, boosted by rising gasoline and rents.

Investors brace for more swings as U.S. inflation specter rises

Sat, 10 Feb 2018 - 10:30 GMT

The inflation bogeyman has reared its ugly head and sent U.S. stock investors racing for the hills in recent days.

P&G appoints Peltz to board despite losing proxy battle

Sat, 16 Dec 2017 - 11:33 GMT

Procter & Gamble Co (PG.N) said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight.

Henkel may make U.S. acquisitions: CEO in newspaper

Sun, 22 Oct 2017 - 11:27 GMT

German consumer goods group Henkel may further expand its business in the United States via acquisitions, Chief Executive Hans van Bylen said.

ISS says P&G investors should vote Peltz on to board

Sat, 30 Sep 2017 - 11:24 GMT

Institutional Shareholder Services said shareholders in Procter & Gamble should vote activist investor Nelson Peltz to the board of the consumer goods giant.

Eastern Europeans bite back over 'food apartheid'

Sun, 02 Jul 2017 - 08:58 GMT

Eastern European leaders are fuming after tests suggested that big Western brands use cheaper ingredients in food products sold in former communist countries.