Egypt has cut its spending on energy subsidies to 9.88 billion Egyptian pounds ($631 million) during the …
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energy subsidies
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FeatureFinancial InstitutionsMoney
IMF to vote on final loan disbursal to Cairo on July 24 – Egypt PM
The International Monetary Fund (IMF) will vote on the disbursement of the final $2 billion tranche of …
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Egypt’s Minister of Petroleum and Mineral Resources Tarek el-Molla said on Tuesday at the Arab Energy Forum …
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Egypt and Algeria should further lower energy subsidies to cut government spending and promote energy efficiency, their …
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Egypt’s annual urban consumer price inflation rose by 14.4 percent in June from 11.4 percent in May, …
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Industry & Trade
Arab world’s energy subsidy bill shrinks to $98 billion in 2017: AMF
by Yomna Yasserby Yomna YasserSpending on energy subsidies in the Arab world has dropped to around $98 billion in 2017 from …
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Financial Institutions
IMF’s Lagarde urges no more use of energy subsidies, Egypt made a progress
by Yomna Yasserby Yomna YasserInternational Monetary Fund (IMF) Managing Director Christine Lagarde has reiterated Saturday her call for removing energy subsidies …
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IMF’s Lagarde urges no more use of energy subsidies, Egypt made a progress
by Yomna Yasserby Yomna YasserInternational Monetary Fund (IMF) Managing Director Christine Lagarde has reiterated Saturday her call for removing energy subsidies …
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Industry & Trade
Cabinet dismisses rumours of new fuel-price hikes in Egypt
by Yomna Yasserby Yomna YasserThe Egyptian Cabinet has dismissed “rumours” of new price hikes for fuel and petroleum products. The Cabinet’s …
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Egypt selected five banks to arrange its next dollar-denominated Eurobond issuance, Finance Minister Amr el-Garhy said Thursday. …
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