subsidies
Report: Govt reduces energy subsidies by 40%
Economy
July 6, 2015
Report: Govt reduces energy subsidies by 40%
A recent report issued by the Cairo Center for Economic Studies on energy subsidies has shown that the government has…
Al-Shourouk: fuel smart cards postponed until next fiscal year
Business
March 26, 2015
Al-Shourouk: fuel smart cards postponed until next fiscal year
The government intends to postpone the introduction of fuel smart cards until the first quarter of the next fiscal year,…
Govt to apply butane gas smart cards
Business
February 24, 2015
Govt to apply butane gas smart cards
The government has approved starting the application of smart cards for the distribution of butane gas, having claimed the system’s…
PM: Syria keeps food, electricity subsidies despite war
World
February 2, 2015
PM: Syria keeps food, electricity subsidies despite war
Despite a raging war, Syria has kept in place subsidies for electricity and basic foods, the prime minister said Monday,…
Businessmen propose fund to stabilize cotton prices after subsidy lift
Business
January 22, 2015
Businessmen propose fund to stabilize cotton prices after subsidy lift
Egyptian businessmen are searching for alternatives to save the cotton industry after the recent decision by the government to lift…
Cabinet raises subsidized fertilizer prices by 33%
Business
October 14, 2014
Cabinet raises subsidized fertilizer prices by 33%
The ministries of Industry and Trade, Investment, oil and agriculture decided to raise the prices of subsidized fertilizers by 33…
Energy expert: Egypt on verge of humanitarian crisis
Business
August 7, 2014
Energy expert: Egypt on verge of humanitarian crisis
A British energy expert has warned that Egypt is facing a humanitarian crisis that is fueled by energy problems. In an…
20 new subsidized items to be displayed on market in August
Business
July 12, 2014
20 new subsidized items to be displayed on market in August
Minister of Supply and Internal Trade Khaled Hanafy announced that 20 new subsidized goods would be on the market starting…
Exporters: Reducing subsidies a blow to exports
Business
July 1, 2014
Exporters: Reducing subsidies a blow to exports
Exporters criticized the government for reducing subsidies of exports in the 2014-2015 budget to LE2.6 billion from LE3.1 billion the…
Official: New budget likely to be approved Sunday
Egypt
June 29, 2014
Official: New budget likely to be approved Sunday
Prime Minister Ibrahim Mehleb submitted the new draft budget to President Abdel Fattah al-Sisi on Sunday. Sisi had rejected an earlier…