by Asharq Al-Awsat | Jul 4, 2014 | Business
Cairo, Reuters—Egypt’s electricity prices began to rise this month under a plan to eliminate power subsidies within five years, the electricity minister said on Thursday, as the government seeks to cut a gaping deficit and reduce its reliance on Gulf...
by Ali Ibrahim | May 27, 2014 | Opinion
Characterizing the challenges that will face Egypt’s Third Republic, which will begin with the announcement of a new president following the end of voting today, Reuters issued a report last week quoting the deputy chairman of the Federation of Egyptian Industries,...
by Abdul Sattar Hatita | May 8, 2014 | Business
Cairo, Asharq Al-Awsat—Mounir Fakhry Abdel Nour is one the 20 ministers who survived Egypt’s cabinet reshuffle in March, which saw Hazem El-Beblawi replaced by Ibrahim Mahlab as premier. As Egypt’s Minister for Trade, Industry and Investment, he has a tough job on his...
by Mohamed Hassan Shaban | Apr 24, 2014 | Business
Cairo, Asharq Al-Awsat—Egypt is considering raising electricity prices for some users as part of wide-ranging subsidy reforms, following an announcement on Monday that it will be doubling natural gas prices for some business and households from next month. Ministry of...
by Asharq Al-Awsat | Apr 21, 2014 | Business
Cairo, Reuters—Egypt plans to double the price of natural gas piped into some homes and businesses from next month, but the move will trim its huge fuel subsidy bill only slightly because few premises are connected to the gas network. Energy prices in Egypt are among...
