#CAPMAS
Vegetables, transportation push inflation back up after energy price hikes
The new data represents the first acceleration after inflation trended downward for five months.
4 دقيقة قراءة
تصنيف
Economy
754
منشور في هذا التصنيف
Economy
Fitch forecasts 30% inflation, a peak driven by govt’s subsidy cuts
Inflation is set to pick up pace again and reach a high of 30 percent between July and September in 2024, according…
8 دقيقة قراءة
Economy
Factory inspections, oversight in one man’s grip
Earlier this month, various bodies were stripped of powers they formerly held to inspect and oversee tens of thousands of industrial facilities…
13 دقيقة قراءة
#electricity prices
Electricity prices increased by at least 40% to reduce subsidy bill, govt sources tell news outlets
Electricity prices were increased this week by 40 percent or more.
6 دقيقة قراءة
Economy
Source: Deliberate obstructions to listing military companies behind Ayman Soliman’s sovereign fund resignation
An informed source in the Planning Ministry spoke to Mada Masr on condition of anonymity.
7 دقيقة قراءة
Economy
Sources: Banks have slowed import financing for some sectors, sparking fears of renewed dollar scarcity
Traders are concerned that banks could be experiencing another bout of dollar scarcity.
3 دقيقة قراءة
Economy
The global economy is faltering (just a little)
Are we on the cusp of a major recession?
Sara Seif Eddin و Mohamed Hamama
12 دقيقة قراءة
#electricity prices
Sources: IMF postponed review to provide govt ‘grace period’ to hike energy prices
Sources say the delay is to provide the government a grace period to approve energy price hikes.
3 دقيقة قراءة
#Egypt-EU relations
The billions of euros deal reshaping Egypt-EU relations
The partnership is set to be in effect between 2024 and 2027.
Mada Masr
12 دقيقة قراءة
#Egyptian Electricity Holding Company
Govt temporarily lengthens power cuts nationwide, 3 hours of outages in Cairo
Cabinet announced Sunday evening a temporary one-hour increase to the nationwide power cuts.
3 دقيقة قراءة
#electricity
Govt set to hike national gas transmission fees by up to 25% in July
Energy sector sources say the government is set to raise tariffs for gas transmission in July.
3 دقيقة قراءة
#bread subsidies
Source: Govt to increase subsidized bread prices by 300% starting July
Informed sources say the government is preparing a 300 percent price increase for subsidized bread.
6 دقيقة قراءة
#healthcare
New legislation paves route for private sector to take over public hospitals
The House of Representatives passed government-proposed legislation on Monday to allow the private sector to establish and manage public healthcare facilities. This legislation reflects a vision President Abdel Fattah al-Sisi…
Rana Mamdouh
18 دقيقة قراءة
#economy
Let it rot?
A new boycott campaign out of Port Said aims to tackle soaring fish and seafood prices
Sara Seif Eddin
7 دقيقة قراءة
#budgets
Govt to utilize 62% of budget for debt servicing, 51% budget resources from borrowing
The new general budget for the 2024/2025 fiscal year, which starts in July, was presented by the finance minister to the House…
4 دقيقة قراءة
#demolitions
Burials stopped in Bab al-Nasr as another historic cemetery faces demolition
Cemetery caretakers at the historic Bab al-Nasr cemetery have been instructed to suspend burials.
4 دقيقة قراءة
#food prices
Priced out of protein
How the economic crisis has taken protein out of the mouths of Egyptians.
Sara Seif Eddin
14 دقيقة قراءة
#devaluation
Generosity knocked out of the box: How economic crisis has shrunk Ramadan food donations
Every year, millions of donated food boxes, known as "Ramadan cartons," are distributed across Egypt throughout the month, circulated from individuals to small charitable organizations to large entities, including government…
Beesan Kassab
14 دقيقة قراءة
Economy
Supply Ministry reduces domestic wheat supply target by half a million tons
The Supply Ministry announced that it aims to procure 3.5 million tons of local wheat.
3 دقيقة قراءة
#bread subsidies
Govt boosts allocations to bakeries to support subsidized bread production
Supply Ministry decided to increase its allocation for subsidized bread production.
3 دقيقة قراءة
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