energy
NDP official: Energy subsidy reductions still subject to debate
Business
August 15, 2010
NDP official: Energy subsidy reductions still subject to debate
The notion of lifting subsidies on energy products remains subject to discussion and debate among representatives of various ministries within…
Ruling party calls for abolishment of petroleum subsidy
Business
August 14, 2010
Ruling party calls for abolishment of petroleum subsidy
The energy committee of the National Democratic Party has called for the abolition of the subsidies on petroleum products over…
Government begins reduction of subsidized energy
Business
August 12, 2010
Government begins reduction of subsidized energy
The Egyptian government began its plan to eliminate energy subsidies to most industrial sectors late last month, to the dismay…
Electricity Minister calls for rethinking energy subsidies
Business
August 1, 2010
Electricity Minister calls for rethinking energy subsidies
Electricity Minister Hassan Younis on Sunday declared that the government should "reconsider" its current policy of subsidizing energy."People often use…
Cabinet mulls electricity rationing measures
Egypt
July 21, 2010
Cabinet mulls electricity rationing measures
Minister of Electricity and Energy Hassan Younis has called on Egyptians to take steps to rein in their electricity consumption.“The…
Algeria announces new law restricting foreign investment
Business
July 12, 2010
Algeria announces new law restricting foreign investment
Algeria announced a series of measures on Sunday that will give preferential treatment to domestic firms over foreign rivals, strengthening…
Govt to continue raising energy prices
Business
June 22, 2010
Govt to continue raising energy prices
The industrial energy pricing committee will meet today to decide on the percentage increase in the prices of natural gas…
World Bank grants Egypt $220 million for wind energy
Business
June 19, 2010
World Bank grants Egypt $220 million for wind energy
The World Bank has offered Egypt a US$220 million loan to support a wind energy development project. The Clean Technology…
Investment minister objects to energy subsidies
Business
June 17, 2010
Investment minister objects to energy subsidies
Investment Minister Mahmoud Mohieddin said on Thursday that he is against subsidizing energy."The rich consume more energy, and they should…
Committee to decide energy price hikes for industrial sector
Business
June 14, 2010
Committee to decide energy price hikes for industrial sector
The industrial energy pricing committee is scheduled to meet Tuesday to decide whether or not a second phase of energy…