Egypt hikes subsidized bread price for first time in decades
Cairo, Egypt - Egypt's cabinet decided Wednesday to raise the price of subsidized bread for the first time in 30 years, Prime Minister Mostafa Madbouly said.The price of a loaf, long set at five piastres ($0.001), would quadruple to 20 piastres ($0.004) from June 1, Madbouly told a news conference.Madbouly acknowledged...
Bread-short Tunisia to restore flour supply to some bakeries
Since the beginning of August, European-style bakeries selling baguettes in the formerly French-ruled country had been prevented from accessing their quota of subsidized flour, after President Kais Saied said there should be "one type of bread for all Tunisians".Tunisia arrests bakery union chief for ‘monoply’ amid bread shortage
Tunis, Tunisia - Tunisian authorities have arrested the head of the national bakery owners' union, accusing him of a "monopoly" as the country faces a weeks-long shortage of subsidized bread, local media reported Thursday.The government in August banned some 1,500 privately-owned bakeries that produce European-style breads and pastries from purchasing subsidized...Jordan fixes bread prices until 2023 amid global grain price hike
According to the cabinet decision, the price of large-sized white pitta bread will remain at 320 fils, while small-sized white pitta bread will remain at 400 fils.In wealthy Dubai, poor get free bread from machines
Ten vending machines were installed last week in supermarkets, with a computer touch screen allowing people to select different types: loaves for sandwiches, pitta bread or flat Indian-style chapatis.Lebanon approves $150m World Bank loan for wheat import
Lebanon's parliament approved on Tuesday a $150 million World Bank loan to import wheat, as shortages of subsidized bread intensify in the cash-strapped country, local media reported. Long lines have formed in front of bakeries and supermarkets where people wait hours for a bag of subsidized Arabic bread -- in...Rising food prices shake North Africa as Ukraine war rages
Tunisia, Morocco, and Libya, along with several other Arab countries, import much of their wheat from Ukraine and Russia.Arab world may suffer shortage of bread
Russia's invasion of Ukraine could mean less bread on the table in Egypt, Lebanon, Yemen and elsewhere in the Arab world where millions already struggle to survive.Workers go on strike in Turkey as inflation sinks lira deeper
Soaring inflation in Turkey has propelled a wave of strikes unlike any the country has seen since the 1970s, as workers demand more money to counter the shrinking value of their pay.Queues grow longer at Istanbul’s discount bread shops
The queues are a worrying sight for Turkey's veteran President Recep Tayyip Erdogan, who is trying to fight inflation by slashing interest rates, a policy that doesn't seem to be working.Syria to withdraw subsidy to its richest citizens
Syria's 800,000 richest citizens -- typically high-earners working in the private sector -- will now be exempt from government subsidies on bread and fuel.Egypt stops buying wheat due to high cost
Egypt, the world’s biggest importer of wheat, has stopped buying the grain because the price of it is too high for the North African nation to afford.Lebanon crisis may fuel bread shortage
The Lebanese flour millers' association has said mills might gradually stop working as fuel supplies run out. This, when the average cost of food for a Lebanese family is already five times the minimum wage.Bread to cost more in Egypt as govt decides to slash subsidy
Egypt has decided to withdraw subsidy from bread that will make it dearer for a people who have relied on government-subsidized bread for decades. It is not clear how much the price would go up by.














