News Artcle

Oil minister: Egypt 'suffering' from fuel subsidies

Published January 11, 2016

Cairo • Egypt’s petroleum minister said Monday the country is “suffering” due to fuel subsidies, saying these funds are better diverted to other areas such as health care and education. Tarek el-Molla, speaking at a conference in Cairo, showed in a presentation that between July and September 2015, the government paid 42 percent of the cost of 92-octane gasoline, which is used to fuel private vehicles owned by more affluent Egyptians. While a liter of 92-octane gasoline cost 4.5 Egyptian pounds ...

[ read more ]
Utah Business Social
UB Events View All
Community Events View All

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel