Egypt is the sixth most expensive place in the world to buy an iPhone

Egypt is tied with Italy as the sixth-most expensive place in the world to buy an iPhone. Deutsche Bank’s annual “Mapping the World’s Prices" report is out, and found Turkey, Brazil and Russia as the three most expensive places in which to acquire a 128 GB iPhone 7, according to Business Insider. Egypt isn’t on DB’s list, but by our math, the EGP 17,999 price of an iPhone 7 at Tradeline (our Apple-pusher of choice when shopping here at home) is the equivalent of USD 995 and change, or just about the same price as in Italy. That makes Egypt cheaper than Poland and more expensive than the Czech Republic.