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Egypt hikes bread prices for first time in 30 years, highlighting economic struggle

ALBAWABA - The Egyptian cabinet resolved on Wednesday to increase the price of bread that is subsidized for the first time in thirty years, AFP cites Pr

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Prime Minister inspects agricultural, industrial, and technological projects in Beheira, Alexandria

Prime Minister Mostafa Madbouly embarked on an inspection tour on Monday, aiming to advance various industrial and agricultural projects across the industrial

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Egypt has to raise bread prices but will still be largely subsidized, PM says

Egypt has to increase the prices of bread, an essential commodity that is heavily subsidised in one of the world's biggest wheat importers, but it will still "largely be subsidised", Prime Minister Mostafa Madbouly said on Monday. Egypt will also look to into "balancing" prices of petroleum products by the end of 2025, to ease their cost in the state budget, but gasoline prices will remain subsidised, Madbouly added.

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Egypt Needs to Raise Price of Subsidized Bread, PM Says

Egypt Needs to Raise Price of Subsidized Bread, PM Says
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