subsidies

LE4 million in subsidies for damaged homes in N. Sinai
Economy

LE4 million in subsidies for damaged homes in N. Sinai

LE4.4 million in urgent subsides has been disbursed for damages caused to homeowners’ buildings due to the terrorism in North…
Social protection package cost stands at LE72 bn: minister
Egypt

Social protection package cost stands at LE72 bn: minister

The cost of the upgraded social protection package in the 2017-2018 state budget stands at LE72 billion, the Ministry of…
Subsidized oil, sugar prices rise by LE2 each
Egypt

Subsidized oil, sugar prices rise by LE2 each

The Cabinet raised on Thursday the prices of subsidized sugar and oil by LE2 each from LE8 and LE12 to…
No alternative to increasing fuel prices
Economy

No alternative to increasing fuel prices

An official source from the Ministry of Petroleum confirmed that there is no alternative to increasing fuel prices, especially since the…
After decade of Hamas, Gaza short on freedom, jobs, electricity
Middle East

After decade of Hamas, Gaza short on freedom, jobs, electricity

Grim records mark the 10th anniversary of Hamas rule in Gaza — the longest-ever daily electricity and water cuts, 60…
Parliament to discuss a bill to exclude families with more than 3 children from state subsidy
Egypt

Parliament to discuss a bill to exclude families with more than 3 children from state subsidy

The Egyptian Parliament is considering the discussion of a suggested draft bill that suspends governmental subsidy to parents who have…
Supply Ministry disburses June subsidized goods through 3,000 outlets
Egypt

Supply Ministry disburses June subsidized goods through 3,000 outlets

The Ministry of Supply and Internal Trade began on Thursday through 3,000 Ministry-affiliated outlets and consumer complexes disbursing the monthly…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy

IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation

The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
Price increase was the kiss of life to metro system: Minister
Egypt

Price increase was the kiss of life to metro system: Minister

Transport Minister Hisham Arafat said Saturday that the increase in the price of the metro ticket gave the kiss of…
Government considers increasing ration card subsidies to LE27
Business

Government considers increasing ration card subsidies to LE27

The government is considering increasing subsidies on ration cards by 29 percent to LE27 (US$1.5) a month in the next…
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