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Prices to increase due to production price increases affected by low energy subsidies, says Federation of Egyptian Chambers of Commerce
May’s annual inflation rate at its lowest since November 2013, says CAPMAS
Carrefour’s Executive Regional Director says new Carrefour branch to open in Hurgada within coming weeks
Revenue consistency prompts rise of foreign reserves for fourth consecutive month and the government’s negotiations with merchants lead to prices control, experts say
Presidential candidate asserts he will not depend on fixing prices as a means of control
Government says the new decision took into account needs of low-income citizens
Discounts are meant to counterbalance increasing inflation rates, cabinet says
US oil fell, pressured by weak manufacturing data attributed to the cold winter weather. That data overshadowed steady consumer sentiment.
The fast growth has raised concern about a potential repeat of the property market bubble that sent prices plunging by more than 50% after the 2008 financial crisis.
Minister of Finance had earlier announced new selling prices
Brent North crude for February firmed two cents to stand at $106.77 in London around midday in London.
Inflation rates slow down for the first time since May 2013
Brent North crude gained also 37 cents to stand at $107.10 in London deals.
Turkey has an official 5% inflation target and a most recent central bank forecast of 6.8% for 2013.
Minister of Supply opens a new market in preparation for Copts’ feasts and New Year celebrations
Minister of Supply Mohamed Abu Shady was quoted in the statement as saying that this procedure comes to alleviate burdens on low-income citizens.
Novartis’s vice-president also called for the Ministry of Health to formulate a clear system to guarantee the delivery of modern and innovative drugs as quickly as possible and at the appropriate prices.
No predictions on when the market will pick up again: Head of the gold division at the chamber of commerce
Import duty solution does not take into account the fact that consumers bear the costs of company and state failures
The urban consumer inflation rate rose to 10.4% in October
The company will trade under the “TWTR” symbol on the New York Stock Exchange, breaking from the Nasdaq market used by a large number of tech companies.
It later stood at $99.95, down 86 cents compared with Friday’s close.
Federation of Egyptian Chambers of Commerce: no alternative for “redeveloping trade” to adjust prices in the markets
Thursday’s protests came after anti-riot forces deployed from early morning at major road intersections in Khartoum
Preliminary approval to set compulsory prices of vegetables and fruits if merchants fail to lower their prices within a week
Two months later, the market was “turbulent again as short selling and fresh professional liquidation developed on heightened expectations of an end to QE3,” according to the report.
Price of sugar, rice and basic food items to be cut by from 10% to 15% in the first ten days of October
US benchmark West Texas Intermediate for September delivery rose 48 cents to $107.33 a barrel on the New York Mercantile Exchange
Local gold market witnessed a surge in sales and prices in Eid el-Fitr as Egyptians seize the vacation to hold their engagements and wedding ceremonies
Rural inflation rate surpasses that of urban areas