Industry & Trade Oil subsidies spending drop 23%, hit $6bn in FY2015-16: Egypt’s EGPC Noha Gad Aug 15, 2016 0 The total volume of spending on Egypt's oil subsidies dropped 23 percent in financial year 2015-16, Chairman of…
Egypt News Economic situation is critical, all Egyptians must cooperate face this ordeal: Sisi aya salah Aug 14, 2016 0 President Abdel-Fattah al-Sisi reiterated on Saturday that Egypt is facing major economic challenges, saying…
Tech news Egypt’s ITIDA mulls boosting export subsidies on IT services Ghada Ismail Jul 25, 2016 0 Information Technology Industry Development Agency (ITIDA), the IT arm of the Egyptian telecoms ministry, studies…
Industry & Trade Egypt to cut price of gas to steel and iron factories – minister Yomna Yasser Mar 10, 2016 0 Egypt will reduce the price it offers natural gas to steel and iron factories to $4.5 per one million thermal units…
Egypt News Egypt’s poorest struggle to find rice amid hoarding aya salah Mar 5, 2016 0 Egypt has more rice than it needs but little available for those who need it most. The price the government pays…
Egypt News Parliament divided over Egyptian police reforms aya salah Feb 22, 2016 0 Many Egyptian MPs are warning the government against "any shocking measures" that might hit hard poor and…
Egypt News Egypt’s budget deficit up to 4.9% in Jul-Nov on debt service, subsidies aya salah Jan 28, 2016 0 Egypt's budget deficit edged up to 4.9 percent of the GDP in the first five months of the current fiscal year,…
Industry & Trade China plans to end green vehicles subsidies after 2020 aya salah Jan 23, 2016 0 China plans to gradually reduce the amount of subsidies for new-energy vehicles and will stop providing financial…
MENA News Saudi to boost petrol prices by more than 50% aya salah Dec 29, 2015 0 Saudi Arabia said Monday it was raising petrol prices by more than 50 percent for some products from Tuesday as it…
Egypt News CAPMAS: Egypt’s subsidies in July, August nearly triple in y-o-y rise Yomna Yasser Nov 28, 2015 0 Subsidies in July and August 2015 cost the Egyptian government 15.8 billion Egyptian pounds (US$2…