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Egypt’s cabinet selects winning consortium for 6 October-new capital monorail
CABINET WATCH- Cabinet has selected the winning consortium for the 6 October-new capital monorail, but hasn’t said who: The Madbouly…
Egypt’s industry could catch a break from high electricity prices, gov’t to announce new rates “in days”
Manufacturers could catch a break as gov’t looks set to announce new electricity prices for industry today: Industrial producers could…
Egypt expects subsidy spending to come in EGP 13 bn below budget in FY2018-2019
EXCLUSIVE- FinMin expects subsidy spending to come in EGP 13 bn below budget this fiscal year thanks to lower oil…
Egypt’s draft Social Security and Pensions Act to reach parliament by June
The Social Solidarity Ministry will send the Social Security and Pensions Act to the House of Representatives for review and…
Egypt’s Cabinet approves new NGOs Act to replace contentious 2017 law
CABINET WATCH- Cabinet approves new NGOs Act: The Madbouly Cabinet approved at its weekly meeting a final draft of the…
Home electricity prices could rise 30-60% in July as Egypt phases out subsidies
Residential electricity prices could increase by 30-60% after the next round of subsidy cuts that will take place at the…
Egypt’s parliament gives preliminary nod to 15% increase in military pensions
The House of Representatives' general assembly approved yesterday the text of a draft law to raise military pensions by 15%,…
Egypt fuel subsidies spending falls 28% in the first nine months of FY2018-19
Fuel subsidies spending falls 28% in the first nine months of FY2018-19: Government spending on fuel subsidies fell to EGP…
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