Fuel subsidies hurt industry, Egyptians alike: head of Petroleum, Mining Industries Chamber at FEI
For the Federation of Egyptian Industries (FEI), considering fuel subsidies was a significant step toward genuine economic reform which began with the floatation of the Egyptian pound, putting Egypt on…
About 75% of fuel subsidies phased out till now, projected to be fully cut by 2020: secretary of fuel division at FECC
All the actions which have been taken since November 2016 until now definitely aim to boost economic growth, reform the Egyptian economy, according to the Secretary of Petroleum and Fuel…
“Fuel subsidy reform plays a key role in fiscal consolidation”: IMF
In its third review under the extended arrangement in accordance with the Extended Fund Facility issued in July 2018, the International Monetary Fund (IMF) assured that the ongoing energy subsidy…
Egyptians bear 70% of fuel prices through threefold price hikes in 2 years
To meet the demands of the IMF to grant Egypt the $12bn loan, curb the budget deficit, and to deal with the increasing inflation rate, fuel subsidies underwent non-recurrent stages…
All banks operating in Egyptian market invited to adopt principles of responsible banking
Egyptian banking sector is strong, capable of achieving Egypt's leadership in sustainable development in Middle East, Africa
Funds managed by CI Capital tops Egypt’s Funds’ Performance Report’s rankings
‘Thabat Fund’ achieved highest cumulative returns in Egyptian Market in 2018 with 20.80%
Juhayna stock still attractive for investors despite earnings cut: report
Demand growth to be muted in short term on continuation of economic reforms
Egypt shares to move sideways awaiting fresh stimulus ahead of imminent earning season
Benchmark EGX30 index went up 115.55 points to close at 13,482.99 points
Streetwise Axel Witsel fills Marco Reus’ boots as Borussia Dortmund prove title credentials
Borussia Dortmund picked up a huge win on the road in a vital examination of their title credentials. The leaders were without Marco Reus but Axel Witsel filled the void…
