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Article: EGYPT: LOWERING PRICES ON BASIC STAPLES FOR POOR FAMILIES.(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- February 4, 2002
CopyrightCOPYRIGHT 2002 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Al-Ahram newspaper reported on the plan of government food products holding companies to reduce prices on basic staples for low-income families. The paper quoted the President of the Holding Company, Eng. Adil a-Shahawi, who told the paper in late December 2001 that the company reduced the profits of its supermarkets by an average of 5% in order to direct them to ...
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