CAIRO: The new Minister of Supply and Interior Trade Khaled Hanafy opened Wednesday a wholesale exhibition titled “Ahlan Ramadan” or “Welcome Ramadan” in Nasr City, in preparation to the Islamic holy month of Ramadan.
Ramadan is the month where Muslims observe a fast from dawn to dusk, and subsidized food commodities are in demand for many for medium- and low- income families.
During the opening of the exhibition, Hanafy told ONTV “This market is a big event, where all Egyptians will talk about it as Egypt did not witness the inauguration of such market for 40 years.”
He added that food commodities will be presented with high discounts at the exhibition, with their prices similar to those at the subsidized markets across Egypt.
Al-Ahram reported Wednesday that the food commodities are reduced up to 40 percent more than domestic markets, and that three subsidized complexes are participating in the 10-day exhibition; Nile, Ahram, Alexandria and two Egyptian wholesale companies.
Meat will be available with prices varying from 29 to 45 EGP ($4-6) for one kg, and frozen chicken for 14.75 EGP per kg.
Hanafy was accompanied by the Minister of Trade and Industry Mounir Fakhry Abdel Nour and the Minister of Social Solidarity Ghada Waly during the opening.
Minister of Agriculture Ayman Fareed Abu Hadid announced June 14 an initiative of presenting the ministry’s different products at 65 fixed outlets and 65 movable outlets with prices reduced by 25 percent from domestic market prices.