Egypt Shop Curfew to Reduce Business Power Consumption by 35%
Egypt’s decision to order shops and cafes to close at 10 p.m. will reduce the commercial sector’s electricity consumption by 35 percent, Aktham Abou el-Ela, a spokesman for the Electricity Ministry, said today.
The commercial sector accounts for 8 percent of the country’s total electricity consumption, Abou el-Ela said by phone.
The move will increase unemployment by 3 percent to 4 percent, affect tourism and lead to losses of 25 billion Egyptian pounds ($4.1 billion), the Federation of Chambers of Commerce said yesterday according to Al-Ahram.
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