by Asharq Al-Awsat | Oct 21, 2014 | Business
Cairo, Reuters—Egypt will introduce two new cash benefits early next year as part of government efforts to minimize the impact of subsidy cuts on the poor, a government minister said. President Abdel-Fattah El-Sisi’s government raised fuel prices by up to 78...
by Ali Ibrahim | Jul 9, 2014 | Opinion
The recent decision by the Egyptian government to cut fuel subsidies is a bitter medicine to swallow for the Egyptian people. Patients hoping for a quick recovery often have no choice but take the medicine prescribed, despite any concomitant unpleasant side effects...
by Fatima El-Haj | Mar 23, 2014 | Business
Cairo, Asharq Al-Awsat—The Egyptian economy faces three main stumbling blocks on the road to a recovery, according to a number of economic experts who spoke to Asharq Al-Awsat. The experts agreed the country’s low productivity—particularly the decline in tourism after...