Last Update 21:59
Friday, 24 May 2019
The new prices aim to cut energy subsidies from EGP 49 billion to EGP 22 billion in order to alleviate the financial burden on the ministry and help pay off its debts to the petroleum ministry, Minister Shaker said
A COLWAY delegation praised the AOI’s plan to increase the percentage of the local component in all Egyptian industries and its contribution to numerous development projects at home and in many Arab and African countries
Russian Minister of Digital Development, Communications and Information Konstantin Noskov explained the stakes of Russian-Egyptian ICT cooperation to Ahmed Saeed Tantawi during a recent visit to Egypt
Ramadan is an opportunity for many Egyptian families to help make ends meet by engaging in alternative economic activities, writes Rasha Gadda
Egypt is making innovative moves to promote tourism, including by partnering with CNN and co-producing an Italian documentary series on its archaeological treasures
Electricity subsidies will be cut in July as part of a five-year programme that went into effect in 2015
Official statistics agency CAPMAS said Egypt’s annual urban consumer price inflation dropped to 13.0 percent in April from 14.2 percent in March
Urban inflation rose 0.5 percent month-on-month in April, CAPMAS said, down from 0.8 percent in March; 'This month was the lowest month-on-month increase in three years,' economic experts explained
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