Prime Minister Mostafa Madbouly presided over the Committee for Market Regulation and Commodity Prices meeting to oversee the availability of essential commodities and maintain price stability. During the session, Osama El-Gohary, Assistant to the Prime Minister and Head of the Information and Decision Support Center (IDSC), affirmed the stabilization of prices for key food items such as pasta, oil, packaged milk, rice, and sugar throughout August. El-Gohary discussed various applications and systems, including the Consumer Protection Agency app, to monitor markets and prices. He introduced the Price Radar app, designed to track markets, monitor prices nationwide, and report any violations by merchants, with ongoing efforts to enhance its functionality. Moreover, proposed measures to regulate markets and stabilize prices were put forth by the IDSC, including the establishment of a trading governance platform to encourage accurate data registration for companies involved in food production and distribution . Madbouly emphasized the importance of establishing permanent retail locations year-round to showcase goods at affordable prices, underscoring the government's commitment to ensuring market stability and fair pricing. Source: State Information Service Egypt
Recent Posts
Iran and Iraq Commit to Strengthening Border Security and Counterterrorism
September 23, 2026
Iranian President Pezeshkian Arrives in New York for UN General Assembly
September 23, 2026
US-Israeli Strike Leaves Minab School Seats Empty, Says First Vice President
September 23, 2026
Iran Sets Conditions for Negotiation and Reopening of Strait of Hormuz
September 23, 2026
Iran Equips Rebuilt Minab School with Smart Technology
September 23, 2026
Iran’s Acting Defense Minister Emphasizes Strategic Preparedness
September 23, 2026
Iranian President Extends National Day Greetings to Saudi Leaders
September 23, 2026
Iranian President Asserts Right to Self-Defense at UN General Assembly
September 23, 2026