subsidies
New mobile gas stations will alleviate long lines, says minister
Business
September 27, 2012
New mobile gas stations will alleviate long lines, says minister
Petroleum Minister Osama Kamal announced on Thursday that private fuel companies would begin setting up mobile fuel stations in…
Ministry says fuel crisis easing after new supply from Bulgaria
Egypt
September 25, 2012
Ministry says fuel crisis easing after new supply from Bulgaria
The fuel shortages eased as Egypt on Monday received a new 32 ton shipment from Bulgaria at the Alexandria seaport,…
Slow burn: Govt plans gas subsidy cuts, but logistics are unclear
Business
September 3, 2012
Slow burn: Govt plans gas subsidy cuts, but logistics are unclear
In a bold break with precedent, the 2012/13 state budget presented by former Prime Minister Kamal al-Ganzouri and his Cabinet…
US drought means Egypt may look elsewhere for wheat
Environment
July 27, 2012
US drought means Egypt may look elsewhere for wheat
Egypt might have to look beyond the world’s biggest wheat exporter to feed its hungry nation, after the worst drought…
Finance Ministry provides additional funding for wheat, petroleum subsidies
Business
May 30, 2012
Finance Ministry provides additional funding for wheat, petroleum subsidies
Finance Minister Momtaz al-Saeed decided to provide the Ministry of Supply and Internal Trade with LE1 billion to disburse payments…
White gold: Are Egypt’s cotton industries beyond salvation?
Environment
May 16, 2012
White gold: Are Egypt’s cotton industries beyond salvation?
Egypt’s extra-long staple cotton, acclaimed to be the world’s finest, has been in a state of rapid decline for the…
Deficit expected to swell with new budget
Business
May 10, 2012
Deficit expected to swell with new budget
Prime Minister Kamal al-Ganzouri will hold a ministerial meeting on Saturday to discuss the budget for the coming fiscal…
Plan to abolish subsidies will distribute fuel with coupons, raise gas prices
Business
May 6, 2012
Plan to abolish subsidies will distribute fuel with coupons, raise gas prices
The government is planning the total abolition of subsidies for petroleum products by 2018, with official sources saying gasoline and…
UN report: Arab energy subsidies waste billions
World
April 18, 2012
UN report: Arab energy subsidies waste billions
Arab countries are wasting tens of billions of dollars on subsidies for petrol and energy but dare not roll them…
LE114 billion to be allocated for subsidizing petrol in the new budget
Business
April 17, 2012
LE114 billion to be allocated for subsidizing petrol in the new budget
Executive director of the Egyptian General Petroleum Corporation (EGPC) Hani Dahi said subsidies allocated for petroleum products will jump to…