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Bombardier’s monorail agreement was the talk of town last night
Egypt signed contracts with Canada’s Bombardier Transportation for planned monorail projects yesterday, Masaa DMC’s Eman El Hosary highlighted (watch, runtime:…
Registering newborns into the commodity subsidy system could see budget allocation swell by EGP 2 bn
Including newborns into the commodity subsidies system could see the government spending EGP 91 bn in FY2019-2020, a government source…
Gov’t unveils new EGP 6 bn per year export subsidy framework
Gov’t unveils new EGP 6 bn per year export subsidy framework: The government unveiled the details of the long-awaited new…
Government raises fuel prices, phasing out remaining fuel subsidies
Government raises fuel prices, phasing out remaining fuel subsidies: The government raised fuel prices by between 16% and 30% over…
Government to send Cash Subsidies Act to parliament next week
LEGISLATION WATCH- No new cash subsidy recipients until in-the-works Cash Subsidy Act gets House nod? It would appear that the…
Is Egypt’s fuel pricing mechanism coming into effect this month?
Is Egypt’s fuel pricing mechanism coming into effect this month? Speculation is rife in the local press that the Oil…
Supply Ministry in talks with FinMin, bakeries over switching subsidies to cash handouts
The Supply Ministry is in talks with the Finance Ministry, subsidized bread bakeries, and other key stakeholders over its planned…
Government expects EGP 17 bn revenues from raising electricity prices
Government expects EGP 17 bn revenues from higher electricity prices: The government is expecting to take in some EGP 17…
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