Social solidarity minister exempts public banks and oil companies from maximum income law
Boraie says decision was made to retain ability of sectors to compete…
Ministry of Petroleum considers 20% IPO for MIDOR
Float expected to earn more than $1 billion and financial adviser to…
Low gas supplies cut into cement production
Titan Cement Company suggests coal as alternative energy source
Ministry of Electricity denies corruption accusations
Ministry of Electricity and Energy condemns allegations made by former minister of…
Arafat: Petroleum market witnesses unprecedented stability
Arafat asserted that he had recently met with Petroleum and Mineral Resources…
Libya deal and Gulf aid secure oil for Egypt
Under new agreement Egypt will import up to 1m barrels of crude…
A solution for Egypt’s fuel crisis?
The recurring petrol and diesel crises have left Egypt’s streets paralysed and…
Petroleum ministry denies fuel shortage
EGPC says consumption currently 10-20% above normal levels; Prime Minister Qandil blames…
NBE approves $1bn loan to Egyptian General Petroleum Corporation
EGPC has to obtain a guarantee from the Ministry of Finance.
Sumed employees hold a sit-in
Protesting employees demand the removal of administration members while the administration files…