Egypt has decided to extend the ban on exporting local sugar for another three months starting July 1st, Minister of Supply and Internal Trade Ali Moselhy told Asharq Business.

In June, the Egyptian government rejected a proposal to raise the price of subsidized sugar from EGP 12.5 to EGP 18 per kilogram (kg).

© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).