Latest in Tag: price Highlight
Latest in Tag: price
High EGX trading expected this week after awaited factory energy price cut
EGX to target 11,600 points level by end of October, says Aman Securities’ Al-Aasar
Coronavirus, price war push oil producers to cut 2020 spending plans
Energean cuts its budget in Egypt by $140m
Face mask price soars due to Covid-19: Cairo Chamber of Commerce
Egyptian medical masks are still among world’s cheapest
Draft 2020-2021 budget sets oil price at $61per barrel
State employees’ wages to increase by 11.3%: Finance Minister
FAO Food Price Index soars to 5-year high in December 2019
For 2019, the FFPI averaged 171.5 points, with only three points higher than 2018 and still significantly below its 230 point peak in 2011
Egypt ERA notifies 3 companies over electricity price violations
The violating companies includes Egyptian Gulf Company for Tourism Projects, Misr Italia, and UGCO
One person killed in Iran’s protests against fuel price hikes
Demonstrators in several cities erupted against the Iranian government’s decision to increase fuel prices by 50% and cut subsidies on Friday
Ezz Steel, EZDK among top beneficiaries from gas price decline
EGAL saves about EGP 31m in production costs following gas price fall
Government aims to renew hedging against oil price fluctuations
Oil price fell below $60 a barrel, contrary to expectations, according to industry source
High car sales expected after activation of price control committee, interest rate cuts: experts
The committee also organises supervisory campaigns nationwide, in coordination with various concerned authorities, to ensure that traders abide by legal controls, and to control cases that constitute harmful practices to the consumer, tax evasion, or other offenses that constitute crimes during the course of their work.
Oil price increases to $67.60 supported by extending production cuts for June, US sanctions
Fair oil price in international markets is $60 per barrel, says EGPC’s ex-vice chairperson
Energy price shock, unemployment tops MENA’s regional risks for doing business: WEF
Report uses results of large-scale Executive Opinion Survey carried out by forum to detect how concerns about global risks differ across regions, countries
Eastern Company negotiates with foreign tobacco companies to add new products to middle price segment
Company produced 62m cigarettes in last FY with a market share of 72%, says Haroun
NTRA refutes rumours on recharge cards price increase
An official source at the National Telecommunications Regulatory Authority (NTRA) spoke to Daily News Egypt and denied any increases in the prices of mobile recharge cards, due to recent increases in energy prices. This came in response to rumours spread through social media about raising the prices of cards after the fuel prices were increased …
Electricity price hikes average 26%: Shaker
Electricity Ministry to add 25,000 MW capacity by end-2018
Fuel distribution companies have not received notice on price increases
According to official sources at petroleum product distribution companies, the companies have not yet received any notifications about the decision to increase the prices of fuel, and that the concerns about the new price schemes are false. The sources added that the distribution companies are entities that implement fuel prices increases, and do not to …
8 car brands lead price rises in April
The local automotive market witnessed a change in most car prices in April. The price moves included a number of models such as from Opel, Hyundai, Chevrolet, Mercedes-Benz and Ford. The price increases ranged between EGP 1,000, such as Chevrolet Aveo and EGP 40,000, like Mercedes C180. In March, the agents of Chevrolet, Hyundai, and …
Rice pricing tops EGP 12 per kg of average quality: MP
Ministry of Water specified surface areas, regions allocated for rice cultivation for 2018 at 750,000 feddans, of which 400,000 feddans will be irrigated with agricultural drainage system
Drug price hikes lead Alexandria Co. profits to up 117% in 5 months: investors relations manager
Magdy Fouad, investors relations manager at Alexandria Company for Pharmaceuticals and Chemical Industries, revealed that the hike in the company profits in the five months ending in November 2017 can be traced back to a surge in the prices of drugs during the last period. “Revenues witnessed a hike as the company’s sales greatly increased,” …
Property price hikes revive participatory construction initiatives
In the last two years, a number of initiatives have been launched that offer residential units at costs less than market prices by up to 50% in several new cities, including New Cairo and Sixth of October City. The idea of the initiative is to assemble a group of customers corresponding to the number of …
Government sets max price energy recycling at 135 piasters
New prices officially approved within days, says Fahmy
Parliament’s agriculture committee demands government raise price of local wheat
The area of cultivated wheat, last season, reached 3.135m feddans, down from 3.404m feddans in the previous season, down by 269,206 feddans
NTRA attributes raising prices on mobile operator demands, companies deny
Telecom operators’ proposal would have eliminated small prepaid cards, such as the EGP 5 one, says Azzooz
Temporary auto price cuts expected until late August
The offers made by companies are an opportunity to be seized: El Sabaa
Citizens will pay actual fuel price in FY 2018/19 compared to 85% in FY 2017/18: MP
MP Talaat Khalil demanded the dismissal of government for wasting EGP 500m allocated for fuel smart cards system
Government to decide on electricity price increase by end of June
Shaker is scheduled to hold a press conference to announce the increase in electricity prices by first week of July
Automotive sector welcomes fixed price of customs US dollar
The decision enables working in accordance with clear plans without surprises, says Saad
US dollar price to remain between EGP 16-20 in 2017
The government is to lead the demand for the US dollar in 2017; EGP 12 is a fair price to the dollar, says Hassanein
After full flotation of Egyptian pound, US dollar price targets cannot be specified: Aboul Fotouh
US dollar not expected to make large gains against the pound in 2017
Automotive sector facing collapse following price hikes: Kayan CEO
The agent is waiting for a serious response from the European side on the new customs tariff policy