Tag: Fuel

Egypt slash fuel subsidies raising petrol and diesel prices by 25%

New price for octane 80 petrol, diesel set at EGP 6.75, octane…

Mohamed Samir Mohamed Samir

EGX expected to move sideways in anticipation of fuel price hike

Buying selected stocks amid possibility of correcting index towards 13,900

Alyaa Stohy Alyaa Stohy

Government reviews oil hedge rates after sudden fall in oil prices

State budget bore $5 difference in price of barrel for JP Morgan,…

Mohamed Adel Mohamed Adel

Government aims to cut fuel subsidies to 1.7% of GDP in FY 2018/19

Expenditures to improve public services this FY amounted to EGP 182bn, says…

Mohamed Adel Mohamed Adel

Upper Egypt pipelines receive 7.5m tonnes of fuel annually: PPC

Upper Egypt receives about 7.5m tonnes of crude oil, butane, and petroleum…

Mohamed Adel Mohamed Adel

Egypt aims to increase fuel prices by about 25% in June

Country imports around 35% of domestic consumption of petroleum, says industry source

Mohamed Adel Mohamed Adel

Egypt to implement several reforms in June including eliminating fuel subsidies: IMF

Authorities planning to hedge oil prices, but IMF advised caution, says report

Hagar Omran Hagar Omran

Egypt remains committed to cost recovery of most fuel products by mid-2019: IMF

More difficult external environment poses new challenges on country’s economy, says Lipton

Hagar Omran Hagar Omran

“Fuel subsidy reform plays a key role in fiscal consolidation”: IMF

In its third review under the extended arrangement in accordance with the…

Daily News Egypt Daily News Egypt

Egyptians bear 70% of fuel prices through threefold price hikes in 2 years

To meet the demands of the IMF to grant Egypt the $12bn…

Doaa A. Moneam Doaa A. Moneam