News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Harder times for Egypt as food, gas prices spiral

Abdel Moneim Ahmed was finally able to buy 10 loaves of subsidized bread after queuing for one-and-a-half hours with 30 people outside a bakery in the Egyptian capital, Cairo. Another woman, known only as Zeinab, said she had waited two hours. "You can see the problem for yourself," she told IRIN.

The scene playing out in this El Sayeda Zeinab neighbourhood symbolizes a much wider problem. For the past few weeks, Egypt, which imports half its food and subsidizes bread prices, has experienced severe shortages of this key staple. Read on.

Let's do Biz