Ayatollah Ali Khamenei blamed ‘Iran’s enemies’ and ‘hooligans’ for the unrest as officer reported killed in western Iran. He said ‘all the centres of the world’s wickedness against us have cheered’ the unrest. Iran’s Supreme [ More … ]
Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, [ More … ]
Even if the White House is in denial about al-Sisi’s harm to regional instability, Congress shouldn’t be. On the last day of 1977, President Jimmy Carter called U.S. ally Iran “an island of stability in [ More … ]
Egypt today increased gasoline and diesel prices in the second fuel hike since a currency floatation in November last year. Fuel price increases had been widely expected as part of Egypt’s $12 billion International Monetary [ More … ]
A million liters of fuel provided by Egyp is set to enter the besieged Gaza Strip on Saturday via the Rafah crossing between Gaza and Egypt in order to assist the territory with a crippling [ More … ]
Israeli authorities implemented a third round of electricity supply cuts to the Gaza Strip on Wednesday — honoring a request from the Palestinian Authority (PA) that announced last month it would drastically reduce its payments [ More … ]
Israeli authorities opened the Karam Abu Salam crossing on Friday between Israel and the Gaza Strip to allow fuels into the beisieged coastal enclave. Member of the Gaza gas committee Nour al-Din al-Khazandar told Ma’an that [ More … ]
The Omani Shura Council has called on the government to absorb cost of fuel fluctuating prices The Oman Shura Council has urged the government to announce a fixed rate for petroleum products instead of monthly [ More … ]
Egypt has finally secured the $12 billion loan from the International Monetary Fund This week, the IMF approved a three-year $12 billion (11.16 billion euros) bailout program aimed at reviving Egypt’s struggling economy. The Egyptian [ More … ]
Saudi Aramco informed the Egyptian General Petroleum Corporation (EGPC), Egypt’s state oil company, in early October that it would halt the supply of refined oil products to Egypt, Reuters cited a government official, according to [ More … ]
Ahead of the IMF loan agreement, Egypt is planning to cut off fuel subsidies within three years and is aiming to increase fuel prices to 65 % of their actual cost during the 2016/17 fiscal [ More … ]
Egypt is “nearing the final stages” of its talks with the International Monetary Fund for a three-year loan program, the government said, as it looks to repair an economy damaged by years of political upheaval, [ More … ]
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