Tag: petroleum

Subsidy cuts a ‘very important step’: EU ambassador

EU ambassador to Egypt welcomes reduction of subsidies on petroleum products

Abdel Qader Ramadan

Government needs more inclusive, transparent strategy towards subsidy cuts: Al Nour Party

Misr Al Qawia criticises decision, Al-Nour Party calls for transparency and improved…

Aya Nader

Food prices expected to rise 20% following fuel subsidy cut: Experts

Food products will rise by approximately 20% on higher costs of fuel…

Electricity subsidy increases come to pay value of fuel consumed by stations: Energy expert

The increase allocated to the ministry amounts to approximately EGP 14bn and…

Mohamed Adel

Delay in budget may cause unexpected 30% fuel consumption increase

Petroleum price increase to be announced unexpectedly to avoid black market fuel…

Daily News Egypt

Government agencies owe petroleum ministry total of EGP 160bn: Ministry official

By Mohamed Adel Government agencies currently owe the Ministry of Petroleum a…

Daily News Egypt

Majority of cabinet’s economic team reappointed

Abdel Nour to handle SMEs while Al-Araby takes on administrative development

Sara Aggour

Raising fuel prices increases corruption and burden on the poor: Petroleum expert

Government reduced allocations for petroleum subsidies to approximately EGP 104bn from EGP…

Daily News Egypt

88% decline in consumption of 95-octane gasoline in the domestic market: EGPC report

Cars belonging to the presidency, cabinet, and embassies used 5,000 tons of…

Daily News Egypt

EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president

The total amount of investments that are hoped to be collected from…

Daily News Egypt