Egypt plans to launch two mobile applications in July to tackle price inconsistencies and enhance transparency in the local market regarding commodity pricing, according to a statement released in April by the Egyptian cabinet. These apps aim to empower users to access and report commodity prices, fostering a more informed consumer experience.
Regulating markets
One of the two applications, the “Price Radar App,” will allow users to easily search for and compare prices of different items at nearby stores. Users can actively contribute by adding information such as item prices, store names, and locations, thereby enriching the database and improving the app’s accuracy.
The other application, the “Complaints and Reports Application,” was developed by the cabinet’s Information and Decision Support Center (IDSC) in partnership with the Consumer Protection Agency. The application is dedicated to lodging complaints and reporting issues related to products sold in local markets, providing consumers with a platform to voice their concerns and ensure prompt action is taken to address grievances.
