Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt’s bread price needs to increase according to President Sisi since the price has been fixed since 1977. The Ministry of Supply is going to analyse the situation and report to the cabinet. In years past, even the rumour of bread price increases led to serious protests and some riots in Egypt. The price of bread is of great importance to all Egyptians due to the very high per capita consumption of bread. According to President Sisi, you can get 20 Egyptian loaves for the same price as one cigarette due to the heavy government subsidy on bread/flour. Iran reports that its new 100,000 MT grain silo, discharge facility in Chabahar port will be fully operational and will...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.