energy prices

Parliament’s committee approves bill to reinstate DST in Egypt
Egypt

Parliament’s committee approves bill to reinstate DST in Egypt

The Local Administration Committee of the House of Representatives approved, during its meeting on Wednesday, a draft law submitted by…
Egypt can’t take on more fuel subsides amid soaring oil prices: minister
Main Slider

Egypt can’t take on more fuel subsides amid soaring oil prices: minister

Egyptian Finance Minister, Mohamed Maait announced Wednesday that the state’s budget cannot continue to bear the additional burden resulting from…
Energy prices are causing chaos in Asia. Here’s why the rest of the world should worry
World

Energy prices are causing chaos in Asia. Here’s why the rest of the world should worry

(CNN Business) – In Sri Lanka, people queue for miles to fill a tank of fuel. In Bangladesh, shops shut…
Egypt, UAE, and Israel leaders discuss energy, food security in Sharm el-Sheikh
Egypt

Egypt, UAE, and Israel leaders discuss energy, food security in Sharm el-Sheikh

  Egyptian President Abdel Fattah al-Sisi met on Tuesday in the Red Sea resort city of Sharm el-Sheikh with His…
Egypt raises prices of gas cylinders
Egypt

Egypt raises prices of gas cylinders

The Egyptian Prime Minister, Mostafa Madbouly, issued the new compulsory pricing for domestic gas cylinders. The new prices are at…
Steel manufacturers mull gas price reduction request to govt
Business

Steel manufacturers mull gas price reduction request to govt

Steel factories are eyeing requests to the Ministry of Industry, Trade and SMEs to modify energy prices for the steel…
Finance Minister: Govt to raise energy prices over coming 5 years
Business

Finance Minister: Govt to raise energy prices over coming 5 years

The government plans to liberalize energy prices over the course of the next five to seven years in an effort…
NDP official: Energy subsidy reductions still subject to debate
Business

NDP official: Energy subsidy reductions still subject to debate

The notion of lifting subsidies on energy products remains subject to discussion and debate among representatives of various ministries within…
New industrial energy fees take effect 1 July
Business

New industrial energy fees take effect 1 July

The Electricity and Energy Ministry raised energy fees for energy-intensive industries as of 1 July, according to sources speaking on…
Natural gas for non-energy intensive industries to increase by 15 percent
Business

Natural gas for non-energy intensive industries to increase by 15 percent

 The Energy Pricing Committee approved two days ago the increase in the prices of energy for non-energy intensive industries by…
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