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Fourth phase of export subsidy payout program to launch in November
The Finance Ministry will launch a fourth phase of its export subsidy program at the start of November, Finance Minister…
Supply Ministry downplays potential for bread subsidy cuts as global wheat prices rise
Bread prices may rise, but it will “take time”: The government is playing down the likelihood of an imminent increase…
El Sisi says Egypt needs a more effective, more digitized welfare system
President Abdel Fattah El Sisi has called for a modernized, digitized ration card program, saying the government has long struggled…
THIS MORNING: Prepping for the 2021-2022 school year in Egypt + the fall of Afghanistan is one of those once-in-a-generation foreign affairs stories
Good morning, wonderful people, and welcome to a surprisingly brisk morning. Mondays in mid-August are usually slow news days on…
Wheat shortages could push bread prices higher for us and other importers
Bread prices could be about to rise as three of the world’s biggest wheat exporters face shortages and quality concerns,…
Sisi says bread subsidies will be “restructured,” not removed
The nation’s airwaves last night were awash in coverage of President Abdel Fattah El Sisi’s speech yesterday in Badr City…
Inflation hits 2021 high but still rises below expectations
Annual urban inflation accelerated in July on the back of rising energy and food prices, according to official figures from…
Subsidized bread to rise in price for first time in a generation
SMART POLICY- Subsidized bread prices may increase for the first time in decades, after President Abdel Fattah El Sisi raised…
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