In Egypt, chicken prices soar as poultry sector reels from currency turmoil | Sarah El Safty and Mariam Rizk

In Egypt, chicken prices soar as poultry sector reels from currency turmoil | Sarah El Safty and Mariam Rizk

CAIRO

Last year, Ihab Gomaa was managing 12 chicken farms in Egypt’s Fayoum, an agricultural region south-west of Cairo.

Now five are shuttered, after the poultry sector, which depends heavily on imported feed, was pummelled by a foreign currency shortage and repeated devaluations of Egypt’s pound.