The Minster of Health and Population stated in a press conference that no medicine price increases will be allowed until the EGP exchange rate stabilises. This comes after many pharmaceutical producers failed to agree with the Minister's proposal a few days ago, which included raising prices for 10% of medicines by 50% every six months. Al Borsa unnamed sources reported that companies will submit proposals to the Minster in the coming days, including: i) increasing prices of all medicines by 25% annually for four years, ii) increasing prices by 40% for 20% of non-essential drugs every sixth months, while increasing the  prices for essential drugs by 10% per annum, iii) increasing the prices of all medicines by 60% within two years. Al Borsa also reported that multinational companies are holding a meeting today in Dubai to discuss the current issues in Egypt. (Al Borsa)