< Arab Finance - News - Egypt to keep electricity tariffs unchanged for 6 months
Count Down to relaunch



Egypt to keep electricity tariffs unchanged for 6 months

Egypt to keep electricity tariffs unchanged for 6 months

Arab Finance: The Egyptian government will not raise electricity prices for households for six months ending June 30th, Shorouk News reported on January 24th, citing a decision by the Electricity Minister Mohamed Shaker published in the Egyptian Gazette.

Last year, Egypt started the full implementation of a national plan to rationalize electricity consumption, a move that aims to save gas that is pumped into power stations in an effort to boost its export.

The decisions included the complete shutdown of the electrical current after the end of official working hours, except for service sectors, as well as not lighting any government building's facade.

The government ordered commercial malls to set central air conditioners at no lower than 25 Celsius degrees, in addition to closing malls at 11:00pm.

 

#Related keywords

Recommended Stocks

13 Jun 2022
Delta Sugar SUGR
Close
23.17
Change
-03.46
Hold

All rights reserved to Arab Finance 2020 ©

Back to top