subsidy cuts

  Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity…

  President Abdel Fattah al-Sisi urged Egyptians to bear the new challenges of the recent subsidy cuts from the government in…

Egypt’s Prime Minister Sherif Ismail signed off on Wednesday to raise drinking water and sewage fees starting August by as…

Egypt’s foreign reserves reached $36.036 billion in July, a record high, which the prime minister described as “good news” as…

Factories and entrepreneurs in Egypt are still facing tremendous “risks” after the flotation of the Egyptian pound in November 2016, the…

Electricity distribution companies have begun printing consumer bills for July, the first month that the new increases will be implemented,…

The San Francisco-based ride-hailing company Uber increased their base fare prices in Egypt to start at LE6, with the aim of…

Following the fuel subsidy cuts, ride-hailing service app Careem has increased their base fares on to start at LE5.5 —…

Egypt will hike household electricity prices by up to 40 percent this fiscal year, but will keep energy subsidies in…

The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic growth…