subsidy
34% of Egyptians decreased their consumption following waves of subsidy cuts: Baseera
Features/Interviews
July 31, 2017
34% of Egyptians decreased their consumption following waves of subsidy cuts: Baseera
A poll conducted by the Egyptian Center for Public Opinion Research (Baseera) stated on Monday that 34 percent of Egyptians…
Petroleum Minister denies news reports on increasing gasoline prices
Egypt
May 15, 2017
Petroleum Minister denies news reports on increasing gasoline prices
Petroleum Minister Tareq al-Mulla said the plan on subsidy restructuring was previously drawn to ensure that subsidies go to those…
Minister: No increase in subsidy allocated for exports
Business
June 27, 2015
Minister: No increase in subsidy allocated for exports
Trade and Industry Minister Mounir Fakhry Abdel Nour said allocations for subsidized exports will not increase in the 2015-2016 budget,…
Minister: Fuel smart card system to be applied in April
Business
December 23, 2014
Minister: Fuel smart card system to be applied in April
The cabinet has decided to apply the new fuel smart card system in all governorates starting April, Planning Minister Ashraf…
Govt finishes subsidy lifting scheme pending approval by next parliament
Business
December 7, 2014
Govt finishes subsidy lifting scheme pending approval by next parliament
The government has concluded a scheme to lift energy subsidies, according to a senior official, but added that it will…
PM says not reforming subsidy system is treason
Business
June 23, 2014
PM says not reforming subsidy system is treason
Prime Minister Ibrahim Mehleb said on Sunday that the Egyptian government is determined to carry out financial and economic reform. "The…
Finance Minister says LE36 billion to be saved after applying the smart card system
Egypt
January 2, 2014
Finance Minister says LE36 billion to be saved after applying the smart card system
Nagui al-Ashqar, head of the Finance Ministry’s technical office, said that a smart card system for subsidizing petroleum substances would…
Egypt subsidy bill on high side for coming period, says trade minister
Business
November 24, 2010
Egypt subsidy bill on high side for coming period, says trade minister
Abu Dhabi--Egypt's food subsidy bill is expected to be on the high side in 2010/11 with the state spending an…
Govt plans to increase supply of basic commodities
Business
October 19, 2010
Govt plans to increase supply of basic commodities
The Ministry of Investment has approved a state-run plan to increase the supply of basic commodities in a bid to…
Ruling party calls for abolishment of petroleum subsidy
Business
August 14, 2010
Ruling party calls for abolishment of petroleum subsidy
The energy committee of the National Democratic Party has called for the abolition of the subsidies on petroleum products over…