subsidies

Cabinet to announce susidy cuts this month
Business

Cabinet to announce susidy cuts this month

Al-Masry Al-Youm has received the main features of Prime Minister Ibrahim Mehleb's plan to cancel subsidies for high-income classes.Subsidies for…
Supply Minister: No plans to cancel subsidies
Business

Supply Minister: No plans to cancel subsidies

Supply Minister Khaled Hanafy has reiterated that the government has no intentions to cancel subsidies for low-income citizens.“All decisions are…
Egypt Gas: Higher prices save LE1 bn yearly
Business

Egypt Gas: Higher prices save LE1 bn yearly

The government's decision to raise natural gas prices for home users will save the state LE1 billion annually, said Egypt…
Minister: Egypt to raise electricity prices before election
Business

Minister: Egypt to raise electricity prices before election

Egypt plans to boost electricity prices for the richest 20 percent of its citizens before the presidential elections at the…
Minister: Govt to reduce energy subsidies before FY2014/2015
Business

Minister: Govt to reduce energy subsidies before FY2014/2015

Minister of Planning and International Corporation Ashraf al-Araby announced that the government is aiming to reduce energy subsidies before FY2014/2015,…
Egypt’s energy quagmire could sink Sisi
World

Egypt’s energy quagmire could sink Sisi

Egypt's army chief, Field Marshal Abdel Fattah al-Sisi, won vast popularity by crushing the Muslim Brotherhood, but even a man…
Bread and commodity subsidies LE 35 billion: Supply Ministry
Business

Bread and commodity subsidies LE 35 billion: Supply Ministry

Supply Minister Mohamed Abu Shady said that subsidies for bread and food commodities amount to more than LE35 billion, all…
Egypt to issue schedule next month for gradual fuel subsidy cuts
Business

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,…
Hundreds of bakers storm Supply Ministry again
Egypt

Hundreds of bakers storm Supply Ministry again

Hundreds of bakery owners stormed into the headquarters of the Supply Ministry in Cairo, blocking Qasr al-Aini Street on Tuesday.…
Bakery owners storm Supply Ministry
Egypt

Bakery owners storm Supply Ministry

Hundreds of bakery owners stormed the Ministry of Supply and Internal Trade building on Qasr al-Ain Street downtown Cairo demanding…
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