subsidies

Electricity prices to increase to cover subsidy shortage: Min.
Economy

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

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

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

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

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

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

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

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

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

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…
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