Tag: energy subsidies

Egypt slash fuel subsidies raising petrol and diesel prices by 25%

New price for octane 80 petrol, diesel set at EGP 6.75, octane…

Mohamed Samir Mohamed Samir

Energy subsidies will be zero by FY 2020/2021: Shaker

Minister of Electricity and Renewable Energy Mohamed Shaker announced that energy subsidies…

Nevine Kamel Nevine Kamel

Government raises its energy subsidies forecast to EGP 225bn in the upcoming year

Petroleum products material subsidies amounts to EGP 145bn, electricity subsidies reaches EGP…

Mohamed Ayyad Mohamed Ayyad

Government announces electricity price increase in subsidy reform strategy

The state is continuing its economic reform and liberalisation by scaling back…

Nicholas Mehling Nicholas Mehling

Standard & Poor’s positive outlook on Egypt reflects well on investment: Economist

Agency raised Egypt's economic outlook from stable to positive, affirming long- and…

Menna Samir Menna Samir

90% of energy subsidies to be lifted within 3 years: Finance minister

IMF assessment of Egypt’s economy still due before the economic summit, with…

Daily News Egypt Daily News Egypt

Egypt to invite IMF to assess economic reforms

Ministry of Finance says government will invite IMF before Egypt’s economic summit…

Doaa Farid Doaa Farid

Al-Sisi’s economic orientation in his first month, and its influence

Measures to boost economy include reforming taxes and wages, adjusting prices and…

Doaa Farid Doaa Farid

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

Government increased petroleum product prices Saturday after cutting subsidies

Mohamed Ayyad Mohamed Ayyad