subsidies
Electricity prices to increase to cover subsidy shortage: Min.
Economy
February 28, 2019
Electricity prices to increase to cover subsidy shortage: Min.
The government has to support the domestic consumption of electricity with subsidies up to LE 46.7 billion; however, the amount…
Egypt links price of gasoline rated 95 to global price
Egypt
January 7, 2019
Egypt links price of gasoline rated 95 to global price
The Egyptian government decided to link the sale price of the gasoline with 95 octane ratings to the world…
Swiss farmer’s quest to save cow horns goes to vote
Society
November 21, 2018
Swiss farmer’s quest to save cow horns goes to vote
Concern over the cruelty of removing a cow’s horns had not been one of Switzerland’s most pressing political issues. So…
Egypt government to increase electricity prices in July
Egypt
October 29, 2018
Egypt government to increase electricity prices in July
The Egyptian cabinet’s media center said on Monday that the Ministry of Electricity and Renewable Energy will increase electricity prices…
Govt aims to sell fuel at its cost price: official
Egypt
April 18, 2018
Govt aims to sell fuel at its cost price: official
Spokesman for the Petroleum Ministry Hamdy Abdel Aziz said that the government aims to increase domestic production of petroleum products…
Egypt’s central bank keeps interest rates unchanged
Economy
January 2, 2018
Egypt’s central bank keeps interest rates unchanged
Egypt’s central bank kept its key interest rates unchanged on Thursday as inflation remained in double digits a year after…
Govt seeks to lift fuel subsidies: minister
Egypt
November 13, 2017
Govt seeks to lift fuel subsidies: minister
Minister of Petroleum, Tarek al-Mulla, said at a press conference on Sunday that the government intends to lift fuel subsidies while still…
No fuel price hikes in current fiscal year: minister reiterates
Business
November 3, 2017
No fuel price hikes in current fiscal year: minister reiterates
Petroleum Minister Tarek al-Mulla reiterated on Thursday that the Cabinet does not plan to raise the prices of petroleum products…
Eligibility for food subsidy cards tightened
Egypt
August 9, 2017
Eligibility for food subsidy cards tightened
Egypt on Tuesday tightened rules for obtaining food subsidy cards, capping the number of new claimants per family and setting…
Egypt to halt flour subsidy, cut wheat imports up to 10%
Egypt
July 13, 2017
Egypt to halt flour subsidy, cut wheat imports up to 10%
Egypt, the world’s largest wheat buyer, will stop subsidizing flour for its sweeping bread subsidy program next month in a…