Mohamed Al-Muhandis, head of the Chamber of Engineering Industries in the Federation of Industries, denied rumors circulated by some about factories that would stop supplying household appliances and appliances, pointing out that the factories operate normally and supply according to agreed contracts.
He added, in exclusive statements, that the markets in the current period are seeing the availability and availability of various commodities for home appliances and that any talk about the shortage of raw materials or their price above their value are just rumors.
He pointed out that the recent price increase was a natural consequence of the increase in manufacturing commodity prices globally of rates reaching 20%, as well as the movement of the exchange rate, stressing that the next period will testify price stability.
It is not fair that factories stop supplying appliances
