#consumer spending
The Egyptian government launched an online database of locally manufactured products in a bid to boost consumer spending to EGP 125 billion last week. The website offers local and foreign residents of Egypt discounted prices and instalment payments at a lower interest rate on a range of items, such as electronics, home appliances, furniture, and ready-to-wear clothing, with access to a reported 1178 sellers with 4.2 billion products. The cabinet announced that the products will be sold with up to…