Subsidies

President Sisi warns of illegal constructions, 100-year impact of delay in developmental projects

Sat, 29 Aug 2020 - 12:29 GMT

"Officials who aren’t able to impose order by dealing with construction violations have to resign," President Sisi.

Egypt disburses LE346M for regular workers affected by coronavirus

Sun, 09 Aug 2020 - 03:16 GMT

Saafan said in a statement Sunday, that the value of subsidies amounted to LE 346.806 million for about 299,530 working in 3,393 establishments affected by the emerging coronavirus pandemic, at a rate of 100 percent of the basic wage of workers.

Egypt to launch mobile app. to reduce errors in electricity bills: Min.

Tue, 09 Jun 2020 - 01:52 GMT

"All readings will be photographed and kept for a period of time to be used when submitting any complaint from the owner of the meter,” he stated.

Egypt extends lifting subsidies on electricity 3 years, raises prices by 19%

Tue, 09 Jun 2020 - 01:47 GMT

The price of electricity for the domestic sector will be raised by the beginning of July 2020 by 19.1 percent.

State-sponsored charity initiative to be replicated after sales worth LE1.5M

Sat, 16 May 2020 - 02:50 GMT

The Ministry of Supply and Internal Trade will replicate a charity initiative that took place on April 23-May 11.

Egypt's fuel subsidy bill drops 65% in 9 months through March: official

Sun, 10 May 2020 - 01:08 GMT

Egypt spent LE 60.1 billion on fuel subsidies in the same period a year earlier.

Emergency monetary subsidies reimbursed to workers at 197 tourism establishments in Egypt

Tue, 05 May 2020 - 11:39 GMT

Payments will be reimbursed to workers at around 1,262 tourism establishments in the coming days.

Egyptian Armed Forces reviews its role amid COVID-19 crisis, Sisi presents exceptional measures

Tue, 07 Apr 2020 - 03:18 GMT

President Sisi checked upon the Egyptian Armed Forces elements and equipment assisting the civilian sector in combating COVID-19.

Minister reveals key figures on social housing units

Tue, 21 Jan 2020 - 01:50 GMT

Minister of Housing Assem al-Gazar stated that the number of social housing units established until present is 400,000, while those under construction are 290,000.

600k national IDs issued for women receiving monetary subsidies

Sun, 03 Nov 2019 - 03:24 GMT

It is a by-product outcome of the program.

17 consumer complexes to be developed in Upper Egypt

Sat, 10 Aug 2019 - 09:00 GMT

Consumer complexes are supermarkets owned by public companies to sell subsidized goods to citizens.

652 complaints on pricing violations raised amid final fuel subsidies cut

Sat, 13 Jul 2019 - 11:27 GMT

Thirty-five complaints had been raised by citizens even before the cut took place.

Bloomberg predicts slight impact on Egypt's inflation rate after fuel price raise

Thu, 11 Jul 2019 - 03:31 GMT

CAPMAS said that the monthly rate decreased due to the decrease in prices of food by 2.3 percent last month in comparison to the previous month.

How would Egypt’s 2019/20 budget benefit from subsidies cut?

Sun, 07 Jul 2019 - 10:33 GMT

The subsidies cut would help in raising wages and salaries, and in redirecting subsidies to supply cards which benefit the most-needy persons amounting to 76 million citizens.

Fuel consumer prices to be reviewed quarterly per annum

Sat, 06 Jul 2019 - 12:00 GMT

Prime Minister Mostafa Madbouly issued a decree on Saturday mandating the review of fuel pricing quarterly per annum based on Brent crude oil price and the exchange rate.

Train fares to not change after final fuel subsidies cut

Sat, 06 Jul 2019 - 09:33 GMT

The train fares will not change any time soon following the increase of fuel prices, Chairman of the Egyptian Railway Authority (ERA) Ashraf Raslan told Egypt Today.

Gov’t forms operation rooms ahead of imminent fuel price hike

Thu, 04 Jul 2019 - 11:19 GMT

Ministry of Petroleum is expected to announce new prices of octane gasoline 95 in accordance with the automatic pricing mechanism that was approved in January.

Modernization of offices serving ration card holders to end in 2 years

Tue, 02 Jul 2019 - 11:33 GMT

Those offices are being equipped with computers, photocopiers, scanners, fax machines, AC, waiting halls, and queue number machines.

Egypt applies new electricity prices as of July 1

Mon, 01 Jul 2019 - 01:06 GMT

The new prices come as part of the government’s economic reform program.

IMF experts agree to final tranche of $12b loan to Egypt

Sat, 18 May 2019 - 08:45 GMT

International Monetary Fund experts has recommended the disbursement of the 6th and last tranche of $2 billion to Egypt in their review to its economic reform program.

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