The CEO of the Egyptian Arab Food Industries Company "Domi", Mohamed Eldamati: approval of an increase of up to 8% in the prices of some food products and implementation from the beginning of November. The biggest problem that the food products sector is currently facing is the global increase in prices such as dairy products, protein and sugar, in addition to packaging costs. The pound fell by almost 20% against the dollar, which caused an increase in the cost of food products. A 1% increase in interest rates does not make sense at the moment. The decisions to raise the prices of goods during the last two months are enough with the increase in the costs of raw materials and the increase in the dollar, and we do not hope to move prices in the near future. Statements during a phone call with Lamis Al-Hadidi on the Al-Sawara program.

The CEO of the Egyptian Arab Food Industries Company "Domi", Mohamed Eldamati: approval of an increase of up to 8% in the prices of some food products and implementation from the beginning of November. The biggest problem that the food products sector is currently facing is the global increase in prices such as dairy products, protein and sugar, in addition to packaging costs. The pound fell by almost 20% against the dollar, which caused an increase in the cost of food products. A 1% increase in interest rates does not make sense at the moment. The decisions to raise the prices of goods during the last two months are enough with the increase in the costs of raw materials and the increase in the dollar, and we do not hope to move prices in the near future. Statements during a phone call with Lamis Al-Hadidi on the Al-Sawara program.