FEI to review gov't decision on profit margins on Sunday

The Federation of Egyptian Industries (FEI) will hold on Sunday a meeting to probe a recent government decision on forming a committee to assess the profit margins of products and staple commodities.

Under the government decision issued on Wednesday, the committee will comprise the ministers of local development, finance, investment, trade, industry and supply.

The committee will also comprise the chairman of the national security agency, the chairman of the Egyptian Competition Authority and representatives from the Consumer Protection Agency, the Administrative Control Authority and the Defense Ministry.

Source: MENA