Price Hikes

Egypt will be able to overcome economic crisis by 2025: PM

Wed, 03 Jan 2024 - 06:35 GMT

Prime Minister Mostafa Madbouli stated that the Egyptian state needs to utilize this year and part of 2025 to overcome the current economic crisis and return to the economic levels of 2021.

Tunisian police disperse protests against price hikes, unemployment

Mon, 08 Jan 2018 - 04:01 GMT

Tunisian police on Monday fired tear gas and clashed with hundreds of people protesting against unemployment, high prices and new taxes in two towns.

Egypt’s absorption growth rate up to 6.3% in H1 FY16/17: Pharos

Tue, 22 Aug 2017 - 07:00 GMT

Pharos Holding said that the significant rise in the absorption growth rate was due to more intensified economic pressures and/or anticipation of a severe economic reform measures.

Egypt hikes water prices up to 50%, sewage fees surge 92%

Thu, 03 Aug 2017 - 10:11 GMT

The new price of water for residential use ranged between LE 0.45 and LE 2.15 per cubic meter, while sewage fees were hiked up to 73 percent of water price.

Overview: Heated questions Sisi answered at 4th National Youth CONF

Thu, 27 Jul 2017 - 09:57 GMT

A number of 300,000 questions were sent this round from citizens from different governorates across the nation

Pharos keeps Juhayna's FV at LE 8.8, overweight recommendation

Wed, 26 Jul 2017 - 02:19 GMT

Pharos Holding maintained the fair value (FV) for Juhayna Food Industries at LE 8.88, with an Overweight recommendation.

Eastern Co posts LE 1.7B profit in FY16/17

Wed, 26 Jul 2017 - 10:39 GMT

Eastern Company’s net profit rose 17.8 percent to LE 1.7 billion ($94.8 million) in the fiscal year of 2016/17 compared to LE 1.47 billion in the year-ago period.

Operational costs rise on mobile calls after fuel hike

Wed, 05 Jul 2017 - 01:59 GMT

Operational costs rose on calls and internet services after the last fuel hike as mobile operators incur expenses of LE 120-130 million annually on petroleum.

No rise in prices of prepaid cell phone cards

Mon, 03 Jul 2017 - 08:40 GMT

The Minister for Communication and Information Technology confirmed on Sunday that there has been no official increase of prepaid cell phone credit tariffs and individual traders are responsible for setting their own prices.