Month: July 2014

Tax revenues to increase 1.6% in 2014/2015 fiscal year: Finance minister

Ministry of Finance expects tax revenue increases of EGP 6bn or 1.6%…

EGP 400m subsidy allotted for industrial area infrastructure in FY 2014/2015 budget: IDA chairman

Chairman of the Industrial Development Authority hoped more funds would have been…

Abdel Qader Ramadan

Backlash against petroleum subsidy cuts as experts cite concern of effects on middle class

Cash support for poor may act as safety net, but biggest danger…

Mohamed Ayyad

Exporters object to cut in export subsidies to EGP 2.6bn in new budget

The Ministry of Industry made an early announcement for a new programme…

Abdel Qader Ramadan

Success of government’s goals regarding budget and debt is conditional: Experts

Success depends on real growth in investments, a clear vision regarding taxation…

Sara Aggour

Electricity subsidy increases come to pay value of fuel consumed by stations: Energy expert

The increase allocated to the ministry amounts to approximately EGP 14bn and…

Mohamed Adel

Criticism of security forces in wake of palace bombings

Condemnation of “terrorist attack” that killed two policemen coupled with calls for…

Joel Gulhane

Israel bombs Gaza after three settler teens found dead

The Israeli military opened airstrikes on Gaza after three missing teenage Israeli…

Jihad Abaza

Economic success can be achieved in 2 years, with ‘sacrifice’ by Egyptian people: Al-Sisi

On the first anniversary of the 30 June uprising, the newly appointed…

Aya Nader

Gulf countries grant Ramadan pardons to 152 Egyptian prisoners

Ministry of Foreign Affairs has coordinated efforts with its missions abroad for…

Daily News Egypt