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#commodities

Egypt’s Cabinet, in partnership with the Central Bank of Egypt (CBE), announced plans to introduce measures to combat the rising cost of essential commodities, according to a Facebook post by the Cabinet on 3 October. The announcement comes days after President Abdel-Fattah El-Sisi directed Minister of Supply and Internal Trade Ali Al-Moselhi to address the current price hikes during the ‘Hikayat Watan’ Conference on 2 October. Prime Minister Mostafa Madbouly received heads of commerce chambers, industry unions, food companies, and…