A petrol station in Cairo, Egypt. Reuters
Egypt spent 60.1 billion Egyptian pounds ($3.51 billion) on fuel subsidies in the first nine months of the 2018-2019 financial year, petroleum minister Tarek El Molla said. Egypt has been reducing fuel subsidies as part of an IMF-backed reform programme that began in 2016,
Egypt’s state companies have been enjoying robust earnings, an official data shows, acting as a growth driver and eclipsing the private sector despite the IMF-inspired reforms to restructure the economy.
The International Monetary Fund on Friday approved Egypt’s request for a $5.2 billion loan as the country’s economy reels from the financial fallout of the coronavirus pandemic.
While Salah helped lead his club to a sixth European Cup triumph in June, a year on from an injury forcing him out of the final, he was powerless to stop the Pharaohs suffering humiliation on the international stage for the second time in 12 months.
Heading the periodic meeting of EXPO 2020 Security Committee, Lieutenant General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police,
A leading business solutions provider Transguard Group has revealed that it has secured Dhs102 million in contracts for Expo 2020 Dubai and will deploy more than 3,000 of its employees across 17 pavilions and other common areas at the event site.
The seventh World Green Economy Summit (WGES), being held on 6th and 7th October, 2021, at Expo 2020 Dubai, is set to tackle some of the critical sustainable development pillars,