CAIRO: Foods offered at Al-Ahram consumer complexes will be doubled to 160 tons daily by the end of the November to reduce prices, head of the company Tarek Tantawy told Youm7.
Commodities including frozen meat and poultry, and vegetables and fruits will be offered at Al-Ahram’s 162 outlets in Egypt. Further, the company dispatches trucks loaded with low-priced goods at main squares in the country to reach larger segments of citizens.
Franchises have agreed with the Supply Ministry to set a discount of about 15 percent on basic commodities, such as sugar, oil, rice, poultry, legumes, milk, beans, lentils, pasta and other staple foods in Egypt, Supply Minister Khaled Hanafy recently announced.
Meanwhile, Hanafy met with Brazilian Ambassador Ruy Amaral to discuss importing frozen meat and poultry on a wide-scale, long-term basis at competitive prices to increase products offered at the government-owned consumer complexes.
The anticipated imports would supply products to consumer complexes planned to be opened by youths, per a project announced by Hanafy Nov. 12.
The project is planned to loan youths with foods worth 25,000 to 100,000 EGP ($9,570-$12,770) to start consumer complexes selling low-priced goods at government supervision.