Egyptians offered loans to buy books as inflation soars
Egyptians are used to paying for costly items such as cars or washing machines in instalments, but rocketing inflation means they can now buy books this way./ "A book has become a luxury item here in Egypt. It's not a basic commodity like food and people are saving on luxuries," says Mohammed El-Baaly of Sefsafa Publishing House./ He was speaking as the Cairo International Book Fair, which last year attracted two million people, opens to the public./ With book prices more than doubling, some Egyptian authors say they have cut back on ...
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