Lagarde: Egypt has to do more on exchange rate, subsidies files to seal $12bn deal
Egypt has “almost completed” the actions required for International Monetary Fund’s $12 billion loan, but some…
Browsing Tag
subsidies
Airbus, Boeing brace for crucial phase in subsidies dispute
The world's two largest jetmakers are bracing for the next round in a transatlantic spat over billions of dollars…
Oil subsidies spending drop 23%, hit $6bn in FY2015-16: Egypt’s EGPC
The total volume of spending on Egypt's oil subsidies dropped 23 percent in financial year 2015-16, Chairman of…
Economic situation is critical, all Egyptians must cooperate face this ordeal: Sisi
President Abdel-Fattah al-Sisi reiterated on Saturday that Egypt is facing major economic challenges, saying…
Egypt’s ITIDA mulls boosting export subsidies on IT services
Information Technology Industry Development Agency (ITIDA), the IT arm of the Egyptian telecoms ministry, studies…
Egypt to cut price of gas to steel and iron factories – minister
Egypt will reduce the price it offers natural gas to steel and iron factories to $4.5 per one million thermal units…
Egypt’s poorest struggle to find rice amid hoarding
Egypt has more rice than it needs but little available for those who need it most. The price the government pays…
Parliament divided over Egyptian police reforms
Many Egyptian MPs are warning the government against "any shocking measures" that might hit hard poor and…
Egypt’s budget deficit up to 4.9% in Jul-Nov on debt service, subsidies
Egypt's budget deficit edged up to 4.9 percent of the GDP in the first five months of the current fiscal year,…
China plans to end green vehicles subsidies after 2020
China plans to gradually reduce the amount of subsidies for new-energy vehicles and will stop providing financial…
