subsidies

The government will no longer privatize government-owned companies or nationalize private ones, said Finance Minister Hazem al-Beblawy in a press…

Egypt’s Finance Ministry allocated US$300 million in mid-July for the Egyptian General Petroleum Corporation to purchase petroleum throughout the first…

Egypt’s Muslim Brotherhood is campaigning for September’s parliamentary elections on a platform to trim the country’s budget deficit. The group,…

A number of owners of private sector companies have criticized the government's decision to reduce export subsidies, arguing that it…

Egypt's cabinet approved on Wednesday a budget for the 2011/12 financial year that increases spending by a quarter as the…

Egypt's annual budget approved by the cabinet on Wednesday foresees a 26 percent increase in subsidies of consumer commodities such…

Economic experts have praised the prime minister’s decision to increase subsidies of strategic commodities from LE90 billion to LE115 billion…

The international prices of basic commodities have continued to rise, nudging close to, and in some instances surpassing, prices witnessed…

Several areas in Cairo and Giza witnessed an escalating gas crisis because gas cylinders allocated by the Ministry of Petroleum…

The Egyptian government on Monday vowed to shoulder the cost of any new global food price increases this year.Trade and…