1 Day
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مصراوي
Price Hike Claims Denied
George Zakaria, head of the Electrical Appliances Division at the Giza Chamber of Commerce, said some companies had recently raised the prices of their products due to higher currency, import, shipping, insurance, and labor costs, as well as warranty and after-sales service expenses. Hassan Mabrouk, head of the division at the Federation of Egyptian Industries, disputed this, saying factories had announced no new increases. The last price adjustment, he said, was in April, and prices had remained stable since then, according to his communications with companies.
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