UPDATE 1-Egypt Revises up July Annual Inflation to 11.04 pct
Egypt revised up its annual consumer price inflation rate to 11.04 percent for July from an earlier figure of 10.61…
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Government To Import Gas At $17 Per M Btus Due To Poor Domestic Gas Production
The government is preparing to import shipments of liquefied natural gas (LNG) at $17 per million British Thermal…
Government Prepares New Economic Stimulus Package: Finance Ministry
Egypt’s government is currently working on the launch of a new economic stimulus package to boost the sectors that…
Egypt Raises Fuel Prices by Up to 78% from Midnight -Ministry Source
Egypt will raise fuel prices in ranges that reach up to a 78 percent hike starting midnight, an Oil Ministry source…
Government Approves Finance Minister’s Proposals To Cut Budget Deficit
Egyptian government approved, yesterday, in its meeting the proposals by Hany Kadry, Minister of Finance, to cut…
Final Composition Of Government To Be Announced This Evening: Abdel Nour
Ministry of Industry and Trade Mounir Fakhry Abdel Nour told Daily News Egypt “The final composition of the Ibrahim…
Gulf Aid Had Positive Effect Reducing Egypt’s Budget Deficit to 11%
Hany Qadry, Finance Minister, stated the situation in Egypt must be managed as an opportunity to move forward…
South Korean PM Resigns Over Government Response To Ferry Disaster
South Korean Prime Minister Chung Hong-won announced his resignation on Sunday over the government response to the…
Government Preparing Environmental Standards For Coal Power: Minister Of Industry
Egypt’s government is currently working on setting environmental standards and regulations for the industrial use…
Egypt’s Government Pulls Film Starring Arab ‘Sex Symbol’, Awaits Review By Censors
Egypt's interim Prime Minister Ibrahim Mahleb ordered on Wednesday that a recently released Egyptian film, Halawet…