Tech/AI Egypt’s fuel subsidies fall 65% in nine months – official Amwal Al Ghad English May 10, 2020 0 Egypt’s spending on fuel subsidies dropped by about 65 percent to 21 billion Egyptian pounds ($1.34 billion) in…
Featured Egypt to cut fuel subsidies by 47% in 2020/21 budget Amwal Al Ghad English Apr 23, 2020 0 Egypt plans to cut spending on fuel subsidies by 47 perecent in its 2020/21 budget to 28.193 Egyptian pounds…
Featured Egypt spends $3.51bn on fuel subsidies in first nine months of FY19 – minister Amwal Al Ghad English May 7, 2019 0 Egypt has spent 60.1 billion Egyptian pounds ($3.51 billion) on fuel subsidies during the first nine months of…
Financial Institutions Egypt’s new budget cuts fuel subsidies 40% in FY20: FinMin Amwal Al Ghad English Apr 17, 2019 0 A finance ministry report on Egypt’s new budget (2019/20) showed that fuel subsidies will be reduced by 36.112…
Featured Egypt to remove fuel subsidies as it nears end of IMF programme aya salah Apr 6, 2019 0 Egypt will slash subsidies on most energy products by June 15, it told the International Monetary Fund in a January…
Featured Egypt hikes fuel prices in IMF-backed austerity drive Amwal Al Ghad English Jun 18, 2018 0 Egypt on Saturday hiked gasoline prices by up to 50 percent, under an IMF reform plan calling for austerity…
Industry & Trade Egypt’s fuel subsidies increase 34% in H1 of FY2017/18: minister Yomna Yasser Feb 8, 2018 0 Egypt’s fuel subsidies jumped by 34 percent to 51 billion Egyptian pounds ($2.9 billion) from during the fist half…
Industry & Trade Egypt won’t cut fuel subsidies before July 2018: minister Yomna Yasser Nov 13, 2017 0 Egypt is not considering a rise in fuel prices before 30 June 2018, at the end of the current financial year, and…
Banks Egypt’s inflation to rebound to 12-13% in six months: minister Yomna Yasser Sep 28, 2017 0 Egypt’s inflation is expected to rebound between 12 and 13 percent in a period of six and nine months, finance…
Financial Institutions Fitch says Egypt’s budget, energy price hikes show fiscal commitment Yomna Yasser Jul 12, 2017 0 Egypt's new budget and lower electricity and fuel subsidies demonstrate a continued commitment to fiscal…