What Changes To Expect in Prices in Egypt after VAT

We woke up this week, right before the holidays, to the passing of the Value Added Tax (VAT) in Egypt, effective immediately. What does this mean to me, an average Egyptian? Price changes? Immediately? Price changes? Immediately? Yes. The answer is yes. Many major businesses, especially Fast Moving Consumer Goods (FMCGs) spent this holiday finalizing prices to match the recently […]