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...
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...
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...
