LG Electronics stopped production in Egypt for up to seven days in the previous period due to the USD shortage, which made it harder for the company to import the needed production components. According to  Don Kwack, the recently appointed Managing Director for LG Egypt, the company’s new investments in Egypt are contingent on government policy transparency and the ease of importing inputs. He further added that LG Egypt did not generate any profits in 2015 requiring direct support from its parent company. Moreover, the lifting of tariffs on electrical goods led the company to raise its domestic prices by 35% since December 2015. The Chief Executive of the parent company will raise the company’s concerns regarding the dollar shortage to President Abdel Fattah Al-Sisi during his visit to South Korea. (Al Masry Alyoum)