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Egypt Police Raid Sugar Sellers as Shortage Doubles Prices

  • Officials are seizing company sugar stocks to sell to public
  • Government released sugar seized from food producer Edita
Refined sugar.
Photographer: Andrey Rudakov/Bloomberg
Updated on

Food trader Adel Abdou was enjoying a weekend with his family when police raided his warehouse in Cairo and seized 45 tons of sugar.

“They treat us like drug dealers now,” Abdou said on Sunday, adding that he’s moved quickly to dispose of his rice and oil stocks in case they’re also confiscated. “I will not work anymore. Do I want to get locked up?”