Latest in Tag: price hikes Highlight
Latest in Tag: price hikes

EgyptERA’s board formation delays meetings on electricity price hikes
All consumption segments to see increases in prices at variable rates by next July: sources

Bread Protests against price hikes, worsening economic conditions
Curfew, schools closed across Sudanese states as authorities curb demonstrations

After fuel price hikes, real estate stakeholders demand gradual price increases on unit costs
Experts, stakeholders of market expect increase will reach 25-30%

Political coalitions differ on latest price hikes
Surge of fuel, cooking gas prices are expected to translate into hikes in other goods, services

Jordan PM resigns amid demonstrations over income tax, price hikes
King Abdullah II summons PM in response to protesters’ demands of toppling government

Egyptian print journalism faces potential collapse due to high print service prices
Private and state-run print media outlets’ editorial boards call for rapid governmental subsidisation

Experts predict higher inflation rates amid unchanged interest rates
Rising summertime prices and devaluing currency drive ongoing inflation

Inflation rate reaches 8.2% in May: CAPMAS
Workers in the retail sector say prices for most products have increased significantly in recent months, due to increases in the price of the US dollar.

Five-hundred Egyptian factories close as a result of increased Mazut prices
Ten-thousand employees have also been laid off as a result

Government announces 50% fuel price hikes for cement, brick factories
The government will raise natural gas, fuel oil, and diesel prices
Steel jumps to EGP 4,900 a tonne and cement drops to EGP 460
Importers call on the Ministry of Industry to cancel newly imposed anti-dumping duties
Cellular networks raise rates in anticipation of new tax hikes
Etisalat Egypt adhered to the demands of their distributors to raise the wholesale price of their products beginning 2013

Iran president sacks cabinet’s sole woman
The minister had proposed price hikes for a number of medicines but Ahmadinejad was opposed to the price rises and dismissed the minister