Tag: Oil

35% expected savings in petroleum subsidies due to low oil prices: Petroleum minister

Consultations to take place with Iraq to receive Iraqi oil, negotiations will…

Mohamed Ayyad

Al-Sisi receives Iraqi prime minister to discuss bilateral relations, terrorism

Egypt's security is entwined with Iraqi security, Egyptian President says

Mahmoud Mostafa

Effect of oil prices to reflect on Q3 2014/2015: Osama Kamal

Brent crude oil decline to $50 per barrel

Sara Aggour

Decline of international oil prices to decrease Egypt’s subsidy bill by EGP 25bn: Dcode study

Negative implications of BOP would lead CBE to adopt more flexible stance…

Daily News Egypt

Egypt closes Salloum border amid Libya security woes

Border guards detain 151 illegal migrants attempting to enter Libya

Daily News Egypt

Gold prices remain low: FEDCOC Gold Division Head

Official says gold prices were not notably affected by oil pricing crisis

Sara Aggour

Declining oil prices contribute to budget deficit decrease by $5.5bn: Qalaa Holding

Qalaa Holding expects to achieve earnings totalling $700m in 2017 due to…

Daily News Egypt

Stock market sheds EGP 12.4bn, all market indexes decline

A further drop in oil prices results in additional losses for the…

Sara Aggour

Brent price decrease drives down subsidies in FY 2014/2015 budget to approximately EGP 55bn

Fuel oil, which is supplied into markets, is currently not subsidised, says…

Mohamed Adel

Government studies allow new cement factories to be established: Prime Minister

Government Economic Group discussion takes legal and economic dimensions into account in…

Mohamed Ayyad