Latest in Tag: Prices Highlight
Latest in Tag: Prices
Oriental Marsa Alam increases electricity, water prices at resort
New tariff set at EGP 3.5 per kW for electricity, EGP 25 per tonne for water
Unifying foreign currency rate is a positive step: Tawfik
Car prices will not be affected by “liberalisation of customs exchange rate,” says Aboul Magd
Proposals to move water prices within attempts to settle Electricity Ministry’s dues
Dues on water companies reached EGP 9bn until 30 June, says Raslan
Eastern Company increases cigarette prices to cover fuel, electricity price hikes
Prices of the company’s products to increase by EGP 1 after the approval of new tax, says Fouad
Government hedges against oil price increase at under $70 per barrel
Renewal of hedging contracts every 3 months with review of oil value in markets: Source
Oil prices slightly regain ground, Brent reaches $64.93 per barrel
Price recovery backed by supply tightening, future disruptions due to Gulf tensions, says IHS Markit
Prices soar in Egypt, but people find ways to cope
In Egypt, economic challenges since 2016 forced the people to adapt to price hikes. From an economic standpoint, the rising prices drive customer demand lower. To cope, Egyptians are struggling to cut their expenses and find alternatives to pricey commodities and services.
Prices of National newspapers increased to EGP 3
A number of private newspaper also increased cost of their publications including, Al-Masry Al-Youm, Al-Shorouk, and Youm7
Households electricity prices hike by EGP 4-93.5 per month
EGP 17bn proceeds of Electricity sector from price increases
Egypt to announce new electricity prices within days
EGP 1.14 per kW/h for LV consumers, EGP 0.75 for UHV consumers
Egypt retracts on buying water from private sector over high prices
Companies offered EGP 17-20 per metre square of water, government requested EGP 7
Egypt to renew oil hedging to shield against oil prices fluctuations: Minister of Petroleum
Renewal is essential to secure subsidy allocations from price changes, says El-Molla
Egypt’s real estate prices have hiked by 75% since pound flotation
Real estate prices in the Egyptian market have hiked by an average of 75% since the floatation of the Egyptian pound till now, according to Mahmoud Abdel Halim, chairperson of MREC for Integrated Real Estate Services. Abdel Halim noted in a press statement on Thursday that the price spikes in some projects and regions reached …
Risk of energy price shock, unemployment top MENA risks landscape: WEF
Perception of insecurity remains concern in region
Oil price exceeds $70 per barrel due to clashes in Tripoli
We cannot predict oil price due to political fluctuations, says OPEC
Egypt aims to increase fuel prices by about 25% in June
Country imports around 35% of domestic consumption of petroleum, says industry source
Egyptians praise wage raises, fear possible price hikes
Experts call on state to control prices so that citizens can feel impact of new decisions
Oil prices hit $67 per barrel, driven by production cuts
OPEC seeks extending production cuts until April’s meeting
As EGYPS kicks-off, how will oil prices fluctuations affect Egypt?
Brent crude settles at $62, uncertainty clouds markets, global investments in oil declined by $200bn, says Egypt’s Petroleum Minister
European car prices after customs tariff cut slightly changed
Consumers wait, dealerships give excuses, while recession continues
2018 saw rents, sale prices improve across Cairo: JLL
The residential sector has performed strongly throughout 2018. The strong performance of the off-plan sector has however negatively impacted the secondary market, as buyers are preferring to hold off and wait to purchase off-plan units completed in 2019, according to JLL’s A year in Review 2018 report. The report noted that the strongest performing sector of the sales …
Egyptians bear 70% of fuel prices through threefold price hikes in 2 years
To meet the demands of the IMF to grant Egypt the $12bn loan, curb the budget deficit, and to deal with the increasing inflation rate, fuel subsidies underwent non-recurrent stages to be phased out, toward being fully suspended in 2019 according to a subsequent 2018 statement for the Minister of Petroleum and Mineral Resources, Tarek …
Oil prices rose to $59.9 as supply declines
Economic growth slowdown in importing countries threatens OPEC’s efforts to increase oil prices
Polyethylene prices to weigh on Sidi Krir Petrochemicals performance in 2019: report
Company experienced some pressure on margins throughout 2018
Oil prices fell to $53 due to increased supply
Talks to extend OPEC deal to cut oil production in 2019
Electricity price for cars will be sold without subsidy
Pilot programme for recharging cars in subsidiaries: Shaker
Oil price plummeting relieves pressure on Egypt’s budget
Recent geopolitical events have sparked key role in decreased prices
Prices of November deliveries moving slowly
Easy, breezy, car shifting price gears
We cannot wait another 12 years to increase metro ticket prices: Arafat
Ministry made decision due to metro’s considerable losses, as system’s accumulated loans EGP 618.6m
Auto prices move slightly in October after Automech Formula
More horses, fewer change: bold moves