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Business
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Economy
6/13/2013 12:50:36 PM
As number of Brotherhood affiliated NGOs crop up to fix corruption and inefficiency in wheat subsidies program, others accuse scheme as election ploy
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Business
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Economy
6/7/2013 1:32:38 PM
Egypt's peasants do not believe the state will meet its target of 9 million to 9.5 million tonnes of local wheat
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Business
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Economy
5/22/2013 4:50:00 PM
Advisor to finance minister insists Egypt will implement subsidy reductions – along with other harsh economic reforms – regardless of IMF's loans conditions
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Business
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Economy
5/21/2013 8:11:36 PM
Reform of subsidised food distribution by a new Brotherhood minister has worried some critics, who worry that the Brotherhood is using the measures to shore up votes
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Business
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Economy
5/21/2013 1:32:25 PM
Latest IMF forecasts on regional economy reveal confidence that Egypt's planned tax and subsidy reforms will translate into more positive numbers in terms of budget deficit
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Business
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Economy
5/12/2013 8:28:48 PM
Ration cards aimed to cut subsidy spending will be distributed in October, says Finance Minister Fayad Abdel Moneim
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Business
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Economy
4/24/2013 11:10:42 PM
In exclusive interview with Ahram Online, Egyptian Petroleum Minister Osama Kamal discusses proposed $4.8 billion IMF loan, longstanding plans to cut energy subsidies and fears of summertime power cuts
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Business
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Economy
4/24/2013 4:21:04 PM
Egypt's intensive industries will see gradual rises in fuel prices to bring them near to world levels in four years
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Business
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Economy
4/17/2013 7:22:27 PM
No deal has yet been reached on the planned $4.8 billion IMF loan to Egypt
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Business
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Economy
4/15/2013 6:28:14 PM
Budget deficit for coming 2013/14 fiscal year is expected to reach as much as LE197.5 billion, state press reports Monday
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Business
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Economy
4/1/2013 6:26:57 PM
On Monday, Egyptian government implements decision to raise prices of cooking gas cylinders by 60 percent
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Business
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Economy
3/24/2013 10:55:07 AM
Egyptian Finance Minister El-Morsi El-Sayed Hegazy says subsidy cuts will be implemented before sales tax rises after request by IMF
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Business
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Economy
3/19/2013 9:42:59 AM
Bakers' association representing 25,000 privately run bakeries threatened to strike last month, but postponed move until mid-March to give government time to meet their demands
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Business
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Economy
3/17/2013 8:11:44 PM
Egyptian bakers and bakery owners protest government decision to significantly raise price of flour used to produce subsidised bread
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Business
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Economy
3/5/2013 8:17:26 PM
Egypt's state oil firm has canceled a crude oil buy tender for a 9 million barrels for the second quarter of the year. No reason was given
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Business
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Economy
2/27/2013 7:33:50 PM
Egypt's total budget deficit rises to $17.7 bn from July to January of current fiscal year due to subsidies increases and social benefits expenditures
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Business
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Economy
2/25/2013 5:27:22 PM
President Morsi introduces novel tax and subsidy reforms, discusses Egypt's short-term economic prospects in televised interview Sunday night
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Business
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Economy
2/2/2013 7:08:21 PM
The Egyptian government is working on a programme of bold energy subsidy cuts, attempting to halve the state energy bill in five years
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Business
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Economy
11/28/2012 8:55:07 PM
PM Hisham Qandil's government finally releases Egypt's economic 'reform' programme, upon which $4.8 billion IMF loan was conditional
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Business
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Economy
11/11/2012 7:46:16 PM
A part of a package of energy subsidy reforms, high-end 95-octane will see its subsidy cut very soon, says finance minister
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