Business

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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…

Mohamed Adel

Balance of payments surges, deficit drops over 9 months: Ministry of Finance

Industrial production, debt, revenues and expenditures all saw increases

Sara Aggour

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…

Mohamed Adel

Petroleum price hikes spark widespread outcry

“Thugs” forcing fuel stations to sell at old price yet police are…

Mohamed Adel

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…

Abdel Qader Ramadan

Distribution of subsidies on petroleum products in the new budget

A financial statement from the new general budget for the fiscal year…

Abdel Qader Ramadan

Gas prices increase to $8 per million BTUs for cement industry

An official source from a cement company who requested anonymity anticipated cement…

Abdel Qader Ramadan

Sudden energy subsidies cut will create lower-middle class outcry: Economist

Government increased petroleum product prices Saturday after cutting subsidies

Mohamed Ayyad