Sawiris-Beltone deal only succeeds in purchasing 9% of EFG Hermes, falling short of 20% target
54.4m shares purchased represent less than 9% of total Hermes shares
Sudden energy subsidies cut will create lower-middle class outcry: Economist
Government increased petroleum product prices Saturday after cutting subsidies
Al-Sisi imposes new taxes on Egyptians at home and abroad
President also issues tax on capital gains on stock market
Government unlikely to succeed in price control efforts: Former IMF official
Government cutting energy subsidies, preparing diesel and gasoline price increases, likely to…
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…