Egypt’s Petroleum and Mineral Resources Minister Tarek El-Molla denied late on Friday any reports that further increases …
Tag:
Subsidy Cuts
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Industry & Trade
Egypt Spent $3bn on Fuel Subsidies in the First Quarter: Official
by Yomna Yasserby Yomna YasserEgypt spent 22 billion Egyptian pounds ($3.08 billion) on fuel subsidies in the first quarter of fiscal …
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Business activity in Egypt shrank in July, a survey showed on Tuesday, in a sign the economy …
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James Moran, head of European Union Delegation to Egypt, welcomed the recent decision taken by the Egyptian …
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Industry & Trade
Egypt’s Prime Minister Seeks to Justify Fuel Subsidy Cuts
by Salma Aymanby Salma AymanEgypt’s prime minister has sought to justify politically sensitive subsidy cuts on fuel and natural gas which …
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Financial Institutions
IMF Says Still Ready to Aid Egypt When Needed
by Yomna Yasserby Yomna YasserThe International Monetary Fund remains ready to provide aid to Egypt when Cairo requests it, a senior …
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Egypt’s government is gearing up to revise the structure of state expenditure, as well as many revenue …