Latest in Tag: shortage Highlight
Latest in Tag: shortage

Egypt handles potato shortage, absorbs public anger
Minister of Agriculture granted to potato traders respite of 45 days to release their products in the market

Shortage in hormone, liver medications result of price hikes: Ouf
Separate section under MoH monitors, records medicine shortages

Prosecutor General drops investigations of Mona Mina
The doctor was previously free on bail, awaiting trial in December

Parliament forms fact-finding committee to investigate medicine shortage
Parliamentary speaker Ali Abdul Aal has promised tangible developments in the next two days

Economic professors, experts criticise government’s reform programme
IMF loan will not encourage Egyptian economy, says former finance minister

145 medical products to be subsidised by government, imported by national company to address shortage
An open-ended medicine shortage may be forthcoming, says head of parliamentary Health Committee

Health Committee to summon minister of health on soluble medicines shortage
Health Ministry is negotiating with Nile Pharma and Nasr Pharma to increase their shares, say sources

Armed Forces is countering ‘greedy’ traders, companies producing baby formula: spokesperson
Price hikes, reports of shortage of certain goods on the rise as army vows to intervene to provide basic goods for “ordinary citizens”

Dollar shortage created an inflationary recession in the local market: investors
Manufacturers rely on the informal market for US dollars, and securing 25% of industrial sector needs would stabilise US dollar exchange rates

Pound devaluation supports economy, promotes tourism, foreign investment: Prime
We should increase the supply of dollars and encourage Egyptians abroad to sell their dollar remittances to banks, says head of research at Prime

In Cartoon: Devaluation of EGP and Dollar shortage

Despite governmental supply of ‘Cordarone’, shortages persist
Crucial medicines shortage result of broad economic challenges, dollar price rise

Petroleum ministry to add 80m cubic feet of gas to production daily throughout December
Two wells owned by Petrobel will be connected this month, with each well producing 40m cubic feet of gas per day

Government allows private sector participation in renewable energy production: Electricity minister
Ministry of electricity seeks to address the electricity crisis by diversifying production sources to include solar and wind energy

Big Rental sells gas, butane-powered electric generators during energy shortage
This means that citizens who use gas lines connected to their place of residence to run on electric generators can face legal repercussions under criminal law.

Decision to use coal in cement industry is irreversible: Mehleb
Prime minister denies reports that Suez would be transferred to the authority of Cairo governorate

Closure of Rafah border crossing ‘crime against humanity’: Hamas spokesman
Relations between Cairo and Hamas tense; Cairo court recently banned Hamas activities in Egypt

Egypt forecasts gas shortage next fiscal year
Gas production is still estimated to exceed consumption at 5.31 bcf/day versus 4.95 bcf/day, a ministry source said.

Egypt considering relief for Palestinians
Egypt is currently making arrangements to transport Qatari-funded fuel to neighbouring Gaza

Canals proposed to end Egypt’s water shortage
EGP 1.2 billion to raise irrigation capacity and put end to water shortage

Egypt is intent on tightening siege on Gaza: Hamas
Rafah border crossing, which connects the Gaza Strip to the outside world has been shut for 10 days

Ministry of Electricity attempting to overcome energy challenges
The government is studying alternatives to gas usage, investments with foreign companies and is seeking to build wind farms for electricity production.

Prospective government faces daunting energy subsidies reforms
Slashing energy subsidies is one of the requirements set by the International Monetary Fund (IMF)to secure the proposed $4.8bn loan package.

Army uncovers fuel smuggling in Sinai tunnels
Hundreds attempt to cross the Rafah border through tunnels

AUC New Cairo campus closed on power shortages
Tahrir campus classes to continue

Yasser Ali: “Electricity problems will be over soon”
Egypt has been plunged into darkness fairly often in past weeks, with some areas having regular power cuts every three or four hours.