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Egypt’s Export Subsidy Fund to pay 40% of total overdue subsidies before mid 2020
The Export Subsidy Fund plans to disburse 40% of total overdue subsidies before mid-2020, head of the Textile Export Council…
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Subsidized food prices to be reviewed every quarter -El Moselhy
Subsidized food prices to be reviewed every quarter -El Moselhy: Prices of commodities subsidized by ration cards will be reviewed…
Populist measures in Egypt continue as gov’t announces lower food prices
Gov’t cuts prices of some core subsidized foodstuffs: The Supply Ministry will reduce the prices of subsidized food commodities starting…
Investors fear protests could undermine economic reforms
Some investors fear walk-back of economic reforms: Investors are concerned that the Egyptian government could resort to populist measures in…
Egypt to take steps against Twitter, Facebook within days
Egypt to go after Twitter, Facebook: The government will “within the coming few days begin procedures against social media platforms…
Dice says gov’t owes it EGP 200 mn in export subsidies
Dice wants a piece of the Export Subsidy Fund: Dice Sport and Casual Wear has said the government owes it…
Egypt signs first settlement in new export subsidy framework
Exporter sees first settlement under long-anticipated export subsidy program: The finance and trade ministries have signed a settlement agreement with…
Egypt to obtain first segment of USD 500 mn World Bank loan next fiscal year
Takaful and Karama will receive first payment of USD 500 mn World Bank loan next fiscal year: The Social Solidarity…
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