Tag: Subsidy

EGP 44bn tax revenue increase by end of April

Budget deficit increased to EGP 230.9bn from July 2014 to April 2015…

Rana Yehia Rana Yehia

New amendments to system of export subsidies

The new intensives are related to the percentage of local component while…

Daily News Egypt Daily News Egypt

Subsidy cuts a ‘very important step’: EU ambassador

EU ambassador to Egypt welcomes reduction of subsidies on petroleum products

Abdel Qader Ramadan Abdel Qader Ramadan

Petroleum price hikes spark widespread outcry

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

Mohamed Adel Mohamed Adel

Food prices expected to rise 20% following fuel subsidy cut: Experts

Food products will rise by approximately 20% on higher costs of fuel…

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 Abdel Qader Ramadan

Surge in fuel prices threatens food commodities

Fuel prices to reflect on food commodities, says head of Citizens Against…

Sara Aggour Sara Aggour

Backlash against petroleum subsidy cuts as experts cite concern of effects on middle class

Cash support for poor may act as safety net, but biggest danger…

Mohamed Ayyad Mohamed Ayyad

Electricity subsidy increases come to pay value of fuel consumed by stations: Energy expert

The increase allocated to the ministry amounts to approximately EGP 14bn and…

Mohamed Adel Mohamed Adel

Egypt business activity shrinks in May: PMI

Reuters - Business activity in Egypt shrank for the third month in a…

Daily News Egypt Daily News Egypt