Tag: petroleum products

April trade deficit up 52.7% YOY

Egypt recorded trade balance deficit of EGP 24.60bn in April 2015, says…

Menna Samir Menna Samir

Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla

Expected decline in fuel consumption is 5% during new fiscal year, says…

Mohamed Ayyad Mohamed Ayyad

10.9% increase in trade balance deficit in March: CAPMAS

Egypt recorded trade balance deficit of EGP 26.7bn in March 2015

Menna Samir Menna Samir

EGP 126.3bn in oil product subsidies’ expenditure in FY 2013/2014: EIA

In 2013, Egypt’s total primary energy consumption was 1.7m barrels per day…

Rana Yehia Rana Yehia

Important economic decisions in 2014/2015 economic plan

Government decisions not enough, Egypt needs to treat economic crisis by developing…

Shaimaa Al-Aees Shaimaa Al-Aees

Trade deficit drops by 22.5% year on year in July: CAPMAS

Imports and exports decrease by 18.8% and 12.7%, respectively

Sara Aggour Sara Aggour

EGPC tracking distribution of fuel through GPS to prevent smuggling

EGPC's inability to follow-up on the fuel distribution process made it face…

Mohamed Adel Mohamed Adel

FY 2014/2015 state budget referred to presidency for approval

Budget witnesses major changes in health, education, electricity and petroleum products subsidies.

Sara Aggour Sara Aggour

Fuel cards to save $5.2bn

The supply of petroleum products, via smart cards, to cars will begin…

Daily News Egypt Daily News Egypt