Petroleum Ministry introduces new octane 95 petrol with additives for improved performance
A special octane 95 petrol will be introduced in Egypt for the…
EGYPS kick-starts with high hopes of energy renaissance
Improving governance, establishing E&P information gate, improving gasoline quality are ministry’s priorities,…
Subsidy reform is challenging for developing countries: El-Molla
Egypt suffered from its long-term subsidy strategy
Foreign partner investments to reach $10bn in FY 2017/2018: El-Molla
The ministry pays its dues to foreign partners regularly
Eastern Mediterranean gas: source for regional harmony or dissension
The Eastern Mediterranean region has become a hotspot of international energy discussions…
Egypt will await greater market stability before eurobond issue: El-Garhy
Egypt will wait for further stability in the global financial markets before…
No justification for energy subsidies in Arab world: Lagarde
Priority areas, such as health, education, social protection, marginalised by low spending
34% increase in fuel subsidies costs in H1 FY 2017/18: El-Molla
The costs of fuel subsidies grew by 34% in the first half…
EGP 1.627bn allocated to restart urgent, stalled projects
Minister of Planning, Follow-up, and Administrative Reform Hala Al-Saeed approved the allocation…
Global stock markets crisis will not affect Egypt’s bonds issuance: CBE
An official source at the Central Bank of Egypt (CBE) said that…