Egypt Government to Set 'Fair' Prices to Confront Market Manipulation

Egyptian traditional loaves of bread are seen on shelves from the oven at a bakery in Cairo’s southeastern Mokattam district in Egypt, March 16, 2022. (Reuters)
Egyptian traditional loaves of bread are seen on shelves from the oven at a bakery in Cairo’s southeastern Mokattam district in Egypt, March 16, 2022. (Reuters)
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Egypt Government to Set 'Fair' Prices to Confront Market Manipulation

Egyptian traditional loaves of bread are seen on shelves from the oven at a bakery in Cairo’s southeastern Mokattam district in Egypt, March 16, 2022. (Reuters)
Egyptian traditional loaves of bread are seen on shelves from the oven at a bakery in Cairo’s southeastern Mokattam district in Egypt, March 16, 2022. (Reuters)

The Egyptian government announced on Monday it intends to “publish a list of fair prices for basic commodities,” in order to prevent the manipulation of prices by merchants.

The announcement comes less than two weeks after it decided to temporarily set a fixed price for unsubsidized bread.

During a meeting on Monday of a special ministerial committee entrusted with finding solutions to confront the impact of the current global crisis on strategic commodities, Prime Minister Mostafa Madbouly stressed “the need for permanent coordination with the Federation of Chambers of Commerce to announce a list of fair prices for basic commodities.”

The committee includes the ministers of Awqaf (Islamic Affairs), Supply and Internal Trade, Finance, Local Development, Interior, Social Solidarity, Agriculture and Trade and Industry, as well as representatives of the National Service Projects Organization (NSPO), the Information and Decision Support Center, and the Consumer Protection Agency.

Madbouly pointed to “complaints from citizens” over some supermarkets and stores highly increasing the prices of some goods.

He noted in this regard that the fair price list would contribute to limiting such practices, adding that the Consumer Protection Agency and the Supply Investigations Department would look into all complaints and take the appropriate measures.

Last month, Egypt set a fixed price for unsubsidized bread in an effort to counter rising food prices after the Russia-Ukraine war closed off access to lower-priced Black Sea wheat.

Madbouly announced that commercially sold bread would be sold at 11.50 Egyptian pounds ($0.66) per kg, according to a statement by his office.

“We don’t want merchants to lose, but we will not allow unjustified and exaggerated rises in the prices of basic commodities,” he told the meeting on Monday.

The government is seeking to reassure the citizens about the reserves of goods. Minister of Supply and Internal Trade Ali Al-Moselhi emphasized “stability in the wheat supply system, and the speed of payment of dues to farmers.”



Lebanese Army Chief to Make Pivotal Visit to Washington Next Month

Lebanese army chief General Rodolphe Haykal. Photo: Army command
Lebanese army chief General Rodolphe Haykal. Photo: Army command
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Lebanese Army Chief to Make Pivotal Visit to Washington Next Month

Lebanese army chief General Rodolphe Haykal. Photo: Army command
Lebanese army chief General Rodolphe Haykal. Photo: Army command

Lebanese army chief General Rodolphe Haykal is gearing up for an official visit to Washington in early February, after the US cancelled meetings with him in November.

The visit comes at a sensitive time, preceding the Paris conference to supporting the Lebanese army in March.

Ministerial sources told Asharq Al-Awsat that Haykal’s visit to Washington has been set for between February 3 and 5, saying the army’s needs, cooperation between the US and Lebanese militaries, and continued American support for the Lebanese army will be high on the agenda of the talks.

Military sources said that the visit’s postponement in November has not frozen contacts between the two sides. On the contrary, intense contacts have since been made to reschedule the visit, resulting in setting a new date next month.

The army’s plan to confiscate all unauthorized arms and extend state authority over all Lebanese territory will most likely top the agenda of the visit. This plan has drawn broad international attention.

A statement issued by the army command on January 8 regarding the achievement of the objectives of the first phase of the weapons-control plan will constitute a key component of Haykal’s briefing to US officials.

The army said in that statement that it had achieved the initial goal to clear non-state weaponry from the southern area near the Israeli border by the end of 2025.

It said it secured areas south of the Litani River, excluding positions still held by Israeli forces, though there was more work to be done clearing unexploded ordnance and tunnels.

Haykal’s briefing will most likely refer to the challenges hindering the full implementation of the plan, foremost among them ongoing Israeli attacks and the occupation of a number of sites inside Lebanese territory, in addition to the establishment of buffer zones that restrict freedom of movement, as well as the daily violations of the ceasefire agreement of November 27, 2024.

The army chief will also stress continued close cooperation with the United Nations Interim Force in Lebanon (UNIFIL) and with the ceasefire monitoring committee known as the mechanism, which held its last meeting on January 7 at the military level in the absence of civilians.

Ministerial sources told Asharq Al-Awsat that the mechanism will not hold meetings this month. “We are awaiting the return of the US general who is abroad, as well as the appointment of a civilian representative to replace US envoy Morgan Ortagus, who has been relieved of her duties,” they said.

Meanwhile, Lebanon continues its preparations for the Paris conference to support the army, scheduled for March 5.

Lebanese President Joseph Aoun told a recent security meeting that the army and security forces should prepare accurate reports on their needs and brief the conferees to secure the required assistance for their institutions.


Al-Khanbashi: Hadramout Has Been Liberated from Al-Zubaidi, UAE's Hegemony

Hadramout Governor and a member of the Yemeni Presidential Leadership Council, Salem al-Khanbashi gives a media briefing in the port city of Mukalla in Hadramout, Yemen, January 19, 2026. (Reuters)
Hadramout Governor and a member of the Yemeni Presidential Leadership Council, Salem al-Khanbashi gives a media briefing in the port city of Mukalla in Hadramout, Yemen, January 19, 2026. (Reuters)
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Al-Khanbashi: Hadramout Has Been Liberated from Al-Zubaidi, UAE's Hegemony

Hadramout Governor and a member of the Yemeni Presidential Leadership Council, Salem al-Khanbashi gives a media briefing in the port city of Mukalla in Hadramout, Yemen, January 19, 2026. (Reuters)
Hadramout Governor and a member of the Yemeni Presidential Leadership Council, Salem al-Khanbashi gives a media briefing in the port city of Mukalla in Hadramout, Yemen, January 19, 2026. (Reuters)

Presidential Leadership Council (PLC) member and Governor of Yemen's eastern Hadramout province Salem al-Khanbashi accused on Monday the United Arab Emirates of exploiting its participation in the coalition to support legitimacy in Yemen to pursue its own agenda.

Speaking at a press conference in Mukalla city, he said the UAE's actions in Hadramout were a shock to the people and local authorities.

The authorities had hoped that the UAE would act as a supporter to the Yemeni people as part of the coalition, but its actions on the ground went against those expectations, he remarked.

Hadramout has suffered from the hegemony of armed factions affiliated with Aidarous al-Zubaidi, leader of the Southern Transitional Council, with direct support from the UAE, added all-Khanbashi.

Hadramout has been liberated from al-Zubaidi and the UAE's hegemony, he stressed.

He accused groups loyal to al-Zubaidi of looting public institutions, terrorizing the people and committing wide violations against them, leading to instability in Hadramout.

He vowed that the authorities will take "all legal measures" against the UAE and al-Zubaidi's armed groups.

Justice will prevail, he declared, pledging to support the victims of the violations and hold to account the perpetrators.

Moreover, al-Khanbashi revealed that the UAE was running "several large secret prisons" in Hadramout. Explosives were also stored in the al-Riyan airbase that were going to be used to in assassinations and attacks in the province.

He said that Hadramout has closed a "dangerous and bitter chapter" in its history through direct support from Saudi Arabia.

This backing has helped restore stability, boost the state's authority and end a period of chaos and violations, he continued.


Syria Says Sharaa, Trump Discuss Kurdish Rights as Forces Deploy in Country’s North, East

Syrian government forces brandish their weapons as they take possession of the SDF military base as they enter the city of Raqqa on January 19, 2026. (AFP)
Syrian government forces brandish their weapons as they take possession of the SDF military base as they enter the city of Raqqa on January 19, 2026. (AFP)
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Syria Says Sharaa, Trump Discuss Kurdish Rights as Forces Deploy in Country’s North, East

Syrian government forces brandish their weapons as they take possession of the SDF military base as they enter the city of Raqqa on January 19, 2026. (AFP)
Syrian government forces brandish their weapons as they take possession of the SDF military base as they enter the city of Raqqa on January 19, 2026. (AFP)

Syrian President Ahmed al-Sharaa and US President Donald Trump discussed guaranteeing Kurdish rights in a phone call on Monday, Syria's presidency said, a day after Damascus reached a deal with Kurdish forces including a truce.

Sharaa met Mazloum Abdi, head of the Kurdish-led Syrian Democratic Forces, to discuss the agreement, which includes integrating the Kurds' administration into the state, but a Kurdish source with knowledge of the talks told AFP they were not positive.

Analysts said the deal -- following rapid government gains in Kurdish-controlled territory after driving Kurdish fighters out of Aleppo city earlier this month -- marked a blow for the minority's long-held ambitions of preserving the de facto autonomy they had exercised in swathes of north and northeast Syria for over a decade.

In the phone call, Sharaa and Trump, "emphasized the need to guarantee the Kurdish people's rights and protection within the framework of the Syrian state", the Syrian presidency said.

They "affirmed the importance of preserving the unity and independence of Syrian territory" and discussed "cooperation on combating" the ISIS extremist group, it added.

Requesting anonymity, the Kurdish source with knowledge of Monday's talks between Sharaa and Abdi said differences concerned "the mechanism for implementing the terms of the agreement".

Despite the ceasefire, brief clashes erupted on Monday evening in Raqqa city, with an AFP correspondent hearing heavy bombardment.

The SDF said government forces shelled the Al-Aqtan prison "which holds ISIS members and leaders, in an attempt to storm it".

Raqqa was once the extremist group's de facto capital in Syria.

A defense ministry source later told AFP that the clashes had halted, without elaborating.

- 'Stability' -

Sunday's agreement included the Kurdish administration's immediate handover of Arab-majority Deir Ezzor and Raqqa provinces to the government, which will also take responsibility for ISIS prisoners and their families held in Kurdish-run jails and camps.

A defense ministry map published on Monday showed the government controlled all of Deir Ezzor and Raqqa provinces, while the eastern parts of Hasakeh province were still under Kurdish control.

In Deir Ezzor province, an AFP correspondent saw military vehicles heading east of the Euphrates, while cars and pedestrians waited at a bridge leading to the eastern bank.

Driver Mohammed Khalil, 50, told AFP that "we hope things will be better than before. There was... no freedom" under the SDF.

Teacher Safia Keddo, 49, said that "we're not asking for a miracle, we just want stability and a normal life".

Authorities announced a curfew in Hasakeh province's Shadadi after the army said the SDF released ISIS detainees from the town's prison, while the Kurds said they lost control of the facility after an attack by Damascus.

The sides had earlier traded blame for attacks that the military said killed three soldiers.

The SDF had seized swathes of Deir Ezzor and Raqqa provinces as they expelled ISIS during Syria's civil war, supported by an international coalition led by Washington.

- 'Protecting civilian lives' -

Raqqa resident Khaled al-Afnan, 34, said "we support Kurdish civil rights... but we don't support them having a military role".

Turkish President Recep Tayyip Erdogan, a close ally of Damascus who is hostile to the SDF, hailed Syria's army for its "careful" offensive despite what he called "provocations".

EU foreign policy chief Kaja Kallas instead said "all military activities must cease immediately".

The SDF on Sunday withdrew from areas under its control including the Al-Omar oil field, the country's largest, and the Tanak field.

Local fighters from tribes in the Arab-majority Deir Ezzor province sided with Damascus and seized the areas before the arrival of government forces.

The SDF's Abdi said Sunday he agreed to the deal to avoid civil war and end a conflict "imposed" on the Kurds.

Mutlu Civiroglu, a Washington-based analyst and expert on the Kurds, said the government's advance had raised "serious doubts about the durability" of the ceasefire and a March agreement between the government and the Kurds.

Sharaa had on Friday issued a decree granting the Kurds official recognition, but the Kurds said it fell short of their expectations.

In Qamishli, the main Kurdish city in the country's northeast, activist Hevi Ahmed, 40, said Sunday's deal was "a disappointment after years of hope that the Syrian constitution might contain a better future for the Kurds".