Egypt's markets post mixed moves as government advances consumer price initiatives

Egyptian markets saw mixed price moves on Friday as the government advanced consumer support measures, including metro fare discounts and a commodity price-reduction initiative.

• The Egyptian Metro Company set quarterly student and disability subscriptions at 150–300 EGP for 180 trips, with a 5 EGP flat fare for people with disabilities and veterans.
• The Supply Ministry's first phase of its price-reduction initiative offers 12 staple commodities at reduced prices through its outlets and consumer complexes.
• Iron and cement prices rose on Friday, with investment-grade iron up 553.66 EGP to 38,221.86 EGP per ton, per the Cabinet's price portal.
• Gold fell about 20 EGP per gram at Friday's opening, with 21-karat at 6,255 EGP per gram.

Latest developments

• Sep 11 — Fish and seafood prices held steady at El-Obour Market on Friday, with tilapia at 69–73 EGP per kilo.
• Sep 11 — Lentils, meat, poultry, beans, and white cheese prices fell, while rice, flour, sugar, pasta, sunflower and corn oil, and romi cheese rose, per the Cabinet's price portal.
• Sep 11 — The Alexandria governorate has launched a six-month price-reduction initiative across eight consumer complex outlets, running from September 2026 to March 2027 including Ramadan.
• Sep 11 — The governorate has opened participation in the initiative to private-sector retail chains.