February 23, 2023 The prices of Netflix packages in the Middle East and North Africa region have been decreased between 16 and 50 percent. The streaming service reduced prices in Egypt this morning, as well as in Yemen, Iraq, Tunisia, Jordan, Palestine, Libya, Algeria, Lebanon, Iran, Sudan, and Morocco, Arab News reported. The price of the basic plan in Egypt went down from EGP 100 to EGP 70, while the price of the standard plan was reduced from EGP 165 to EGP 120, and the price of the premium plan went down from EGP 200 to EGP 165, according to an email sent to users seen by Enterprise. Across the MENA region, prices were slashed between 16-50%, according to our calculations. Subscription fees remain unchanged in Gulf countries such as Saudi Arabia and the United Arab Emirates. The new prices will be effective beginning with the next billing cycle. The streaming service provider didn’t say why they dropped the price, but we think it could be a move to get more subscribers in the region by making services cheaper. Netflix started offering cheaper basic plans with ads in a few markets last year, but it’s not clear yet if the move to lower prices in the Middle East is related to its new tiered offering.
