Latest Business News
Fuel consumption rates stabilise in domestic market after implementation of price increases
This follows a surprise increase in consumption took place on Friday following…
Balance of payments surges, deficit drops over 9 months: Ministry of Finance
Industrial production, debt, revenues and expenditures all saw increases
Rise in fuel prices will bring in EGP 24bn in additional revenue for EGPC: Chairman
The rise in price of such petroleum products as gasoline, diesel, and…
Petroleum price hikes spark widespread outcry
“Thugs” forcing fuel stations to sell at old price yet police are…
Cruise prices to double due to diesel price hike: Tourism ministry official
Ministry official says the increase follows a diesel fuel price rise from…
Food prices expected to rise 20% following fuel subsidy cut: Experts
Food products will rise by approximately 20% on higher costs of fuel…
Industrial sector requests government protections following energy price increases
The federation said the government must enable industry to withstand the wave…
Distribution of subsidies on petroleum products in the new budget
A financial statement from the new general budget for the fiscal year…
Gas prices increase to $8 per million BTUs for cement industry
An official source from a cement company who requested anonymity anticipated cement…
Sudden energy subsidies cut will create lower-middle class outcry: Economist
Government increased petroleum product prices Saturday after cutting subsidies