Hazem al-Beblawy

Egypt mulls removing energy subsidies for certain industries
Business

Egypt mulls removing energy subsidies for certain industries

The government is considering removing its energy subsidies to the steel, cement, fertilizers, and ceramics industries, said Deputy Prime Minister…
Wednesday’s papers: Violence in Gerga, stock market ‘dies,’ families clash and Mubarak walks
Egypt

Wednesday’s papers: Violence in Gerga, stock market ‘dies,’ families clash and Mubarak walks

The rift between state-owned and independent papers continues to grow Wednesday. While the headlines of independent papers continue to express…
Finance minister: No more privatization or nationalization
Business

Finance minister: No more privatization or nationalization

The government will no longer privatize government-owned companies or nationalize private ones, said Finance Minister Hazem al-Beblawy in a press…
Egypt govt to set maximum wage in a month
Egypt

Egypt govt to set maximum wage in a month

Finance Minister Hazem al-Beblawy said Tuesday that the government would announce a maximum wage in a month to be applied…
New finance minister may call for budget amendments
Egypt

New finance minister may call for budget amendments

Egypt’s newly-appointed Minister of Finance Hazem al-Beblawy said he might submit a request to the ruling military council to accept…
Ministers to continue serving until replacements sworn in
Egypt

Ministers to continue serving until replacements sworn in

Prime Minister Essam Sharaf said on Tuesday that the current members of his cabinet will continue their work until its…
New finance minister promises maximum wage for public sector
Egypt

New finance minister promises maximum wage for public sector

Egypt's newly-appointed minister of finance, Hazem al-Beblawy, vowed on Sunday to set a maximum for public sector wages to bridge…
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