Petroleum grants from Arab countries strengthen Egypt’s credit rating
Drops in Egypt's credit rating following the 25 January Revolution negatively impacted…
Additional fuel imports to sustain power plants in summer worth $780m: EGPC chairman
Tarek El Molla elaborates on fuel imports, EGPC debts, subsidies and foreign…
The Egyptian Tax Authority warns of pending administrative freeze on 13 petroleum companies; Ministry of Finance refuses to settle the debts
The Egyptian Tax Authority warned 13 public and private/public petroleum companies that…
Wepco assumes operational control of Badr 1 field
Badr El Din Petroleum Company is currently operating Badr 1 but will…
EGPC will auto-finance full amount of MIDOR bid
MIDOR’s refinery capacity in Alexandria stands at approximately 3bn barrels per month;…
Gulf Arabs free fuel for Egypt reaches $6bn in value
The aid helps reduce the heavy costs of government fuel subsidies and…
Government financial bodies suffer EGP 10bn losses
Financial bodies were unable to meet revenue target and fell behind by…
Is the military good for Egypt’s economy?
By Farah Halime, Rebel Economy That’s a question I put to around…
National Bank of Egypt provides $65m to fund the import of gasoline and diesel fuel
The bank’s board of directors recently granted the EGPC $1bn in letters…