subsidies

Report: Govt reduces energy subsidies by 40%
Economy

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

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

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

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

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

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

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

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

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

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…
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