Majority of cabinet’s economic team reappointed
Abdel Nour to handle SMEs while Al-Araby takes on administrative development
Raising fuel prices increases corruption and burden on the poor: Petroleum expert
Government reduced allocations for petroleum subsidies to approximately EGP 104bn from EGP…
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…
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…
Introduction of new gas wells will reduce power outages: Petroleum minister
A large part of foreign contracting for importing liquefied natural gas has…
Government will be unable to meet fuel subsidy bill proposed in budget: Former petroleum minister
Arab countries offered a petroleum grant last year valuing EGP 80bn, which…
Ministry of Tourism, E-Finance to provide diesel fuel smartcards for hotels, transportation companies
The tourism sector receives diesel fuel at EGP 1.10 per liter, and…
Nuclear energy platform will see immediate start: Al-Sisi campaign
Al-Sisi's electoral platform not limited to solving energy crisis with replacement of…
The Egyptian Tax Authority warns of pending administrative freeze on 13 petroleum companies; Ministry of Finance refuses to settle the debts
The Egyptian Tax Authority warned 13 public and private/public petroleum companies that…
UAE, Saudi Arabia provide Egypt with $2.6bn in grants in Q1 2014
Egypt has made various offers to the UAE, Saudi Arabia and Kuwait…