The presence of hefty price tags on even the simplest cars is standard fare for Egyptian consumers used to the high import tariff rates.
High sticker prices combined with a slowly emerging auto finance market has made buying a car in Egypt a (...)
CAIRO: Urban consumer inflation dropped to 9.9 percent in June, down from 10.2 percent in May, an 18-month low, according to figures released by the Central Authority for Public Mobilization and Statistics (CAPMAS) Thursday.
The drop came despite (...)