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…
Egypt News Egypt’s urban consumer inflation drops to 11.4 pct in June: CAPMAS aya salah Jul 9, 2015 0 Egypt's annual urban consumer inflation dropped to 11.4 percent in June from 13.1 percent in May, the official…
Egypt News No Access to Subsidised Fuel without Smart Cards: Official aya salah May 10, 2015 0 Egyptians who do not acquire fuel smart cards will not be able to obtain subsidised fuel from petrol stations from…
Industry & Trade Removal Of Cotton Subsidies Will Harm Textile Industry: Eastern Cotton Chairman Amwal Al Ghad English Jan 6, 2015 0 The decision to remove cotton cultivation subsidies will harm the cotton and textile industry in Egypt, said Sawsan…
Financial Institutions Fitch Upgrades Egypt to ‘B’; on Subsidies, Oil Savings Yomna Yasser Dec 20, 2014 0 Fitch Ratings has upgraded Egypt's Long-term foreign and local currency Issuer Default Ratings (IDR) to 'B' from…
Industry & Trade Egypt Cuts Natural Gas Subsidies To Factories Amwal Al Ghad English Jul 7, 2014 0 Egypt slashed its natural gas subsidies to several industries increasing gas prices by 30-75 %, part of a broad…
Egypt News Egypt To Establish Database For Subsidies To Needy: Finance Minister Amwal Al Ghad English Sep 8, 2013 0 Six Egyptian ministries have agreed to cooperate to establish a unified database of citizens in a move designed to…
Egypt News Coffers Draining, Egypt Accelerates Search For Billions In Loans, Knocking On World’s… Yomna Yasser Apr 26, 2013 0 During a meeting in a Black Sea resort city, Egypt’s president and members of his government turned to Russian…
Financial Institutions Egyptians In Greece Ready To Offer IMF-Loan Substitute By $5 Bln Yomna Yasser Apr 20, 2013 0 Egyptian expats living in Greece are ready to give financial support to their cash-strapped country, as an…