fuel subsidies
Minister: Egypt considers cutting fuel subsidies by LE20 bln next year
Egypt
January 29, 2015
Minister: Egypt considers cutting fuel subsidies by LE20 bln next year
Egypt is considering whether to reduce fuel subsidies by 20 billion Egyptian pounds ($2.64 billion) next fiscal year, but it…
Egypt expects 25 % savings on fuel subsidies due to cheaper oil
Egypt
November 27, 2014
Egypt expects 25 % savings on fuel subsidies due to cheaper oil
Egypt expects to spend 25 percent less than budgeted for on fuel subsidies this fiscal year due to a fall…
Egypt slashes spending on fuel subsidies by 29% in 2014–15 First Quarter
Egypt
November 17, 2014
Egypt slashes spending on fuel subsidies by 29% in 2014–15 First Quarter
Egypt spent 22 billion Egyptian pounds( US$3.08 billion) on fuel subsidies in the first quarter of fiscal year 2014-2015, down…
Source: Yemen government offers to resign within a month to end Houthi protests
World
August 23, 2014
Source: Yemen government offers to resign within a month to end Houthi protests
Yemen's government offered on Saturday to resign within a month and to review an unpopular decision to cut fuel subsidies…
Egypt to issue schedule next month for gradual fuel subsidy cuts
Business
April 24, 2013
Egypt to issue schedule next month for gradual fuel subsidy cuts
Egypt aims next month to issue a schedule of gradual rises in the subsidised prices various industries pay for fuel,…
Minister: Govt considering three ways to subsidize fuel next fiscal year
Egypt
March 31, 2013
Minister: Govt considering three ways to subsidize fuel next fiscal year
The government is considering three ways to identify allocations for fuel subsidies in the new fiscal year 2013/14, which starts…
Govt investigating how to continue funding energy subsidies
Business
March 14, 2013
Govt investigating how to continue funding energy subsidies
Finance Ministry officials and representatives from the General Petroleum Corporation are currently discussing the amount of funding required to continue…
More diesel shortages, official predicts
Egypt
March 4, 2013
More diesel shortages, official predicts
Diesel shortages may grow more severe in March as import allocations fall short, an official source at the Egyptian General…
Egyptian stock market falls 0.03 %
Business
February 26, 2013
Egyptian stock market falls 0.03 %
The EGX30, the Egyptian Stock Exchange's benchmark index, fell 0.03 percent Tuesday, signaling a possible slowdown since it began reporting…