Middle-east Arab News Opinion | Asharq Al-awsat

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A protester opposing Egyptian President Mursi climbs on top of an electric pole during a protest in Cairo. (Reuters/ Amr Abdullah Dalsh)

Egypt to raise electricity prices before elections

by Asharq Al-Awsat | Apr 15, 2014 | Business

Washington, Reuters—Egypt plans to boost electricity prices for the richest 20 percent of its citizens before the presidential elections at the end of May, as the country has “no time to waste” in starting reforms, the planning minister said. Ashraf...

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People queue for subsidized bread in front of a bakery in Alexandria, in this June 2, 2013 file picture. (Reuters/Asmaa Waguih)

Egypt says food subsidy bill to be $4.31 bn—report

by Asharq Al-Awsat | Mar 17, 2014 | Business

Cairo, Reuters—Egypt’s food subsidy bill will be 30 billion Egyptian pounds (4.31 billion US dollars) this year, an amount that is expected to remain stable in the next fiscal year that begins in July, the new supplies minister said, pledging to tackle a...

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In this Wednesday, April 24, 2013 file photo, Egyptian Defense Minister Gen. Abdel-Fattah el-Sissi reviews honor guards during an arrival ceremony for his U.S. counterpart at the Ministry of Defense in Cairo. (AP/Jim Watson, Pool)

Opinion: Sisi’s Realistic Discourse

by Ali Ibrahim | Mar 12, 2014 | Opinion

There may be nothing new about Field Marshal Abdel-Fattah El-Sisi’s remarks in a recent interview, during which he said that the economic situation in Egypt is dire. That is pretty much to be expected after three years of political crises that have damaged key...