Latest in Tag: price Highlight
Latest in Tag: price
Pharmaceuticals pricing dilemma continues to escalate
Pharmaceutical companies expect the pharmaceutics conflict to be resolved in their favor
Minister of Supply seeks ways to sustain bread subsidies
Held a meeting with bakeries owners, Supply and Internal Trade Minister seeks sustaining bread subsidies
Global wheat prices expected to soar
By Basma Tharwat The drought that recently hit the United States and Russia, the largest wheat exporters in the world, triggered fears of a global price rise of the strategic commodity. One of the world’s largest wheat importers, Egypt is expected to suffer greatly as a result. Noamany Nasr Noamany, Vice President of the General …
Petroleum Ministry raises diesel quota for electricity stations
Fears of supply shortages arise as Petroleum minister decides to channel more diesel to power stations
Facebook at half-price: which way now?
Washington (AFP) — If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment, and not see any encouraging signs of making your money back. Three months after the largest tech share issue ever on US markets, Facebook fell to a …
Consumer Protection Authority warns merchants against raising bottled-water prices
By Mohamed Abdel Monsef The Director of the Consumer Protection Authority (CPA), General Atef Yaqub, said that the CPA held a meeting with representatives of the Federation of Egyptian Chambers of Commerce (FEDCOC) regarding the shortage of bottled water in the market. The representatives vowed to issue an official nationwide memo obligating retailers to honour …
Currency exchange rates see relative stability after Eid El-Fitr break
By Waleed Abdel Azim The exchange rates of different currencies have stabilised during the Eid holiday and demand has not increased for any of the major currencies. The US dollar recorded a rate of 6.08, the Euro recorded a rate of 7.55 and the GB pound recorded a rate of 9.85 to the Egyptian pound. …
Facebook hammered as earnings fuel doubts
Facebook shares have dropped more than 35% from the IPO price in May of $38
Steel price to be fixed in August to EGP 4,450 per tonne
Since the beginning of this month, international prices for steel have not changed. Prices stabilised at $615 per tonne of steel and $580 per tonne of billet.
Pharmaceuticals pricing feud lingers
The Ministry of Health is reconsidering the minister’s resolution on the pricing of pharmaceuticals