Trade and Industry Minister Amr Nassar has said that it would currently be difficult to reduce gas prices for steel factories to USD 5 per million British thermal units (MMBtu) from USD 7, the domestic press reported. Nassar said the government is still studying the factories’ request for a price cut, but that it was difficult to implement it at this point.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…