Latest in Tag: Prices Highlight
Latest in Tag: Prices
EGX-30 to range between 7,600 points and 8,100 points
Market capitalisation of listed stocks increased by 2.2% this past week
GB Auto will continue to raise prices to support profit margins: Ghabbour
The company has made progress in building stock to help overcome challenges related to stalled import procedures
Metro ticket price: between a burdened government and frustrated commuters
The Ministry of Transportation spokesperson said that the ticket increase will not exceed EGP 1, making the final price EGP 2
Prices of food items ‘increased’, minister promises control
Food prices will not increase following dollar rise, Hanafy says
Decline in oil prices expected to affect emerging economies
Meanwhile, the expected budget deficit in the Gulf states’ will speed up the introduction of economic reform programmes, Shams conjectured
Steel price expected to reach EGP 6,000 next June owing to dollar revaluation
Dollar crisis to affect real estate sector leading to at least 20% increase in price of housing units, said Abdallah
Revisions to forecasted GDP growth rate show continued decline: FocusEconomics
In its January report, FocusEconomics lowered the GDP forecast to 3.6%, after it predicted a rate of 3.8% in its December report. Additionally, the company expects Egypt’s GDP growth rate for the fiscal year 2017 to reach 4.2%
Seasonal fall in vegetable prices behind decline in inflation in January
Value-added, reduction of imports, and depreciation of the pound stand behind curbing inflation next year: Hermes
Real estate prices will increase with continuous pound devaluation: JLL
The new administrative capital is the natural extension of the city and it will develop anyways, says JLL Egypt Director
Emerging markets rise for second week
Since the beginning of the oil price crisis, emerging markets have been experience a notable decline; the worst experienced in the market since the economic crisis in 2008.
Oil prices trend to continue in 2016: Jadwa Investment
Company lowered its forecast for oil prices throughout 2016 to $43 per barrel
Smart phones prices expected to increase during H1 of 2016
Officials in disagreement over effect of CBE imports regulations on mobile phone sales
Customs exemptions flag government-car industry misalignment
Daily News Egypt reported that the Customs Authority would be exempting cars of European-origin with capacities of 1,300 CC or less from customs in compliance with the EU-Egypt Association Agreement, according to a source at the Ministry of Finance
Oil prices, weak performance of international markets drag EGX down
Reduction of oil prices has prompted foreign investors to sell their stocks in the markets over the past few days.
Real estate prices and production costs at a disjoint as state reaps benefits
NUCA’s generated EGP 61bn last year for the state because of how it allocated lands
Arrears to foreign oil companies stand at $3bn by December
Value of the debt decreased following a reduction in global oil prices
Cement prices stable in 2015 but uncertainly looms as market faces regulatory measures
Average cement production per week in December was recorded at 1m tonnes
In Cartoon: Prices in Egypt
Photo by Amany Hashem
New reductions in food commodity prices: supply ministry
Ministry continues to offer uncooked family meals for EGP 20-30
IRON records EGP 104m loss in Q1 2015/2016
The company’s losses decline by 16% YoY
Armed forces to assist government bodies in lowering prices: Al-Sisi
Notable steps taken by end of November to address price increases
7 FIHC subsidiaries record EGP 15bn revenues in FY 2014/2015
FIHC aims to launch stock market issuances to increase capital
Dollar rise amplifies prices of basic items
CBE decisions are against the interest of citizens, says head of Citizens Against Price Rises Association
Cement prices stable for 1 month, 2 companies decrease prices
Cement production volume exceeds that of last month by 143,147 tonnes
Annual inflation slumps to 7.9% in August
Meanwhile, the Consumer Price Index (CPI) increased by 0.6% compared to July, which was attributed by CAPMAS to an increase in prices of vegetables, hotels, repairing of houses, home appliances, fruits and entertainment services
Cement price stable for 9th month, steel price stable for 8th month
Production of cement increased during August 2015 by approximately 87,922 tonnes compared to July
Customs should be applied on imported steel: Industry official
Steel prices expected to remain stable next month
IMF projects slower growth in emerging markets
Growth in emerging markets and developing countries will reach 4.2% in 2015, down from 4.6% in 2014, expects IMF
Charity foundation gives EGP 75m for commodities for low-income families: Supply Ministry
Ministry supports charity organisations’ efforts by delivering aid through largest sales network across the country, says Hanafy
Egyptian families spend minimum of EGP 2,000 on food in Ramadan
Ministry of Supply offers food exhibitions to sell products at low prices