CAIRO – 19 February 2023: The Egyptian government ended the compulsory pricing of white rice, one month before the end of the deadline, amid increasing prices of basic commodities. It is worth noting that the Cabinet set rice prices of rice in the market not to exceed 18 EGP per kilo of packaged fine white rice, and not to exceed 15 EGP for unpackaged rice. After being a rice exporter, Egypt turned to be an importer to meet the people’s needs amid the monopoly practiced by merchants. The Ministry of Supply announced that it would offer a tender for rice importation to secure strategic storage. The average share per capita is now 39 kilograms per annum.