Egyptian manufacturers renew calls to cut factory energy prices
The sharp decline has been attributed to the worldwide decrease in global demand and the halting of many economic activities due to the ongoing coronavirus (COVID-19) pandemic.
Latest in Tag: energy prices Highlight
Latest in Tag: energy prices
Pound flotation, increase in energy prices to revive Egypt’s economy: World Bank
The World Bank said on Saturday that the liberalisation of the Egyptian pound and an increase in energy prices will help Egypt create jobs and revive the economy. The Central Bank of Egypt (CBE) decided on Thursday to liberalise the national currency’s exchange rate and leave its value to the mechanisms of supply and demand. …
