McDonald’s raises price of Big Mac by 50% in Egypt

McDonald’s has significantly raised its prices in Egypt. Egyptian news outlet Akhbarak published a graphic of McDonald’s prices before and after the jump. A Big Mac combo meal, which includes French fries and a drink, previously cost 52 Egyptian pounds ($2.74). Now, a Big Mac meal costs 78 Egyptian pounds ($4.12). This constitutes a 50% price increase.

The price of various options on the American fast food giant’s menu have increased, but not all by the same amount. The price increase comes as food costs are going up across the Middle East. The Russian invasion of Ukraine has disrupted global supply chains. Egypt in particular relied on both Ukraine and Russia for wheat before the war, and is now scrambling to find alternative suppliers.

Unlike in the US, where it is seen as a cheap option, McDonald’s is considered more expensive and special in Egypt and other parts of the Middle East.

Some Egyptians have been arrested for publishing satirical content on the rising food prices in the country.

Source: al-monitor.com


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