AP

Egypt Orders Businesses To Close At Least An Hour Early To Save Energy

egypt, pyramids, nature, desert, ancient, giza, cairo, monument, history

(AP) — It’s an attempt to blunt the impact of rising oil prices on the country’s treasury, as energy is partially subsidized in Egypt, Prime Minister Mostafa Madbouly told reporters Wednesday. The rule takes effect March 28.

Also, all Cabinet headquarters buildings will switch off their electricity after 6 p.m. starting next week, he said.

Egypt is not directly affected by the war, however the country is a net energy exporter and is bracing for new inflationary waves as oil prices rise.

Related posts

Pending release stirs tough memories of Valparaiso murder

AP News

More pushback against NIPSCO’s proposed natural gas hike

AP News

U.S. Senate candidate in Ohio pushes for more gun control in Ohio cities

AP News

Leave a Comment