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Fakhry El-Fekky

Fakhry El-Fekky latest

Increasing subsidy allocations will put stress on the state’s budget. (File photo)
April 26th, 2016 - 05:02 GMT

Egypt to increase subsidies in bid to battle food price hikes

The government is also battling the effects of pound devaluation by selling commodities at designated locations at 50 percent lower than market value.
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The World Bank and the IMF are seeking to privatise parts of the Egyptian economy
October 4th, 2012 - 08:37 GMT

World Bank and Egypt begin negotations

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