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Egypt announces 10 percent increase in electrical appliance prices
Summary by Egypt Independent
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Egypt announces 10 percent increase in electrical appliance prices
The head of the electrical appliances division at Cairo Chamber of Commerce, Ashraf Helal, announced that the electrical appliances market has witnessed a significant price increase of up to 10 percent due to several factors. The biggest of these is the US-Israeli war on Iran, which has greatly impacted maritime navigation and consequently the costs of ship insurance, global shipping, and raw materials. Hilal explained that the rise in the US do…
·Cairo, Egypt
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