A number of imported products' prices will increase by 40% in Egypt after President Abdel Fattah Al-Sisi's decree to raise customs tariffs imposed on a large number of imports, Hassan Al-Imam, head of electricity products division at the Cairo Chamber of Commerce, said Sunday. According to the presidential decree, No 25 of 2016, the levies on hundreds of imported goods, such as household appliances, cosmetics, garments, footwear, nuts and pet food, will range between 20 and 40 percent. "The decision to raise tariffs on 500-600 imported commodities will up the customs toll by LE1 billion ($128 million) during the second half of fiscal year 2015/16," Reuters quoted Magdi Abdel-Aziz, the head of the Customs Authority, as saying Sunday.