Business
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Economy
12/7/2023 10:02:54 PM
The Egyptian Ministry of Supply and Internal Trade increases the rations of subsidized sugar to families, amid a shortage felt in the market, according to a Cabinet statement on Thursday.
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Al-Ahram Weekly
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Egypt
12/5/2023 9:33:13 PM
More and more people will soon be able to buy bread from state bakeries at subsidised prices, reports Amira Hisham
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Business
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Economy
11/29/2023 4:40:12 PM
Egypt's government will start selling discounted bread to citizens not enrolled in its ration card programme, through designated prepaid cards, as of January 2024, an official announced on Tuesday.
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Business
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Economy
9/13/2023 7:44:04 PM
The cost of annual food subsidies in Egypt has reached EGP 127.7 billion ($4.13 billion) for the fiscal year (FY) 2023/2024, said Minister of Supply and Internal Trade Ali Moselhi, according to a statement on Wednesday.
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Al-Ahram Weekly
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Egypt
9/7/2023 9:15:00 AM
Experts explain the reasons behind rumours that rice has been excluded from Egypt’s subsidy system.
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Business
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Economy
8/24/2023 3:49:04 PM
Global fossil fuel subsidies reached $7 trillion in 2022, or 7.1 percent of the global GDP, according to the International Monetary Fund (IMF).
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Sports
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World
8/12/2023 8:22:02 PM
Spanish top flight La Liga filed a complaint against Paris Saint-Germain on Saturday to the European Commission, arguing the French side are distorting markets through Qatari subsidies.
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World
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Africa
5/31/2023 7:57:41 PM
The price of petrol in Nigeria tripled at government-run stations on Wednesday, two days after newly-elected President Bola Tinubu announced he would scrap fuel subsidies in his first move after taking office.
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Egypt
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Society
5/9/2023 7:09:42 PM
The Ministry of Supply and Internal Trade has reduced monthly allotments of subsidized sugar, rice and pasta - as the government attempts to streamline subsidies in order to deal with soaring prices of basic food commodities globally
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Business
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Economy
5/4/2023 10:59:05 PM
Egypt will save EGP 16 billion ($516.97 million) or 20 percent of the annual diesel subsidies bill, owing to the recent increase in prices, according to a statement released by the Ministry of Petroleum and Mineral Resources on Thursday.
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World
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International
5/1/2023 7:02:07 PM
Italy's right-wing government on Monday rolled back anti-poverty subsidies introduced four years ago that helped some four million people last year, as critics denounced a "provocation" on the international May Day labour holiday.
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Business
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Economy
4/27/2023 10:59:00 PM
The Egyptian Cabinet approved the sixth phase of the cash repayment initiative to support exporters with a value of EGP 10 billion.
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Business
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Economy
4/12/2023 9:53:49 PM
Developing countries, including Egypt, have to reduce energy subsidies as the quickest way to achieve savings amid the ongoing global challenges and also amid the oil production reduction, the Deputy Director of Fiscal Affairs Department at the International Monetary Fund (IMF) Paolo Mauro told Ahram Online.
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Business
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Economy
3/30/2023 11:31:32 AM
Egypt has adjusted its real GDP growth rate target for FY2023/24 down to 4.1%, from the previously targeted 5.5% in December, announced Finance Minister Mohamed Maait.
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Al-Ahram Weekly
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Egypt
3/7/2023 9:56:19 PM
Fuel prices increased in Egypt last week in line with the indexation mechanism recommended under the country’s agreement with the International Monetary Fund, reports Doaa A. Moneim
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World
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International
2/1/2023 10:54:39 PM
The EU on Wednesday unveiled proposals including a controversial relaxation of state aid rules to counter the threat to European industry from US green subsidies and unfair competition from China.
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Business
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Economy
1/18/2023 10:50:00 PM
Egypt's Prime Minister Mostafa Madbouly said the cost of wheat subsidies will reach EGP 95 billion by the end of the year, up from EGP 38 billion.
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World
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International
1/16/2023 8:07:31 PM
From Paris to Stockholm and Brussels, European Union leaders and member nations were putting forward moves Monday to ensure the 27-nation bloc would not be left behind by the United States in the green industry race.
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Egypt
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Politics
1/14/2023 8:09:54 PM
The Egyptian state continues to bear large subsidies in basic commodities, especially bread and energy subsidies, to ease the burden on citizens during the current crises, Egyptian Prime Minister Mostafa Madbouly said on Saturday.
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World
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International
12/30/2022 6:15:48 PM
Sweden takes over the EU's rotating presidency from January 1 vowing to maintain unity on Ukraine and uphold free trade in the face of calls for a tougher response to US green subsidies.
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