Tag: Fuel

EGP 10.5bn to support budget deficit by Egyptian banks

NBE-led union collects loan worth $1.5bn to pay portion of the dues…

Shaimaa Al-Aees

Cement prices stable: Supply minister

No ministry obligation to stabilise prices, cement prices vary according to market…

Menna Samir

Inflation rate rose by 0.7% in October

Higher energy prices may be driving inflation, says former IMF assistant

Menna Samir

Government to begin 2nd and 3rd phase petrol distribution system implementation: Cabinet

Cabinet economic group agrees on new oil agreements with minimum investments of…

Mohamed Ayyad

Fuel distribution monitoring via GPS and smart card system reduces smuggling by 60%

The official added that EGPC has recently faced difficulties in monitoring fuel…

Mohamed Adel

Egypt needs $12bn in next 5 years to address electricity crisis: Al-Sisi

Power stations need $700m worth of fuel supplies per year

Doaa Farid

Government allows private sector participation in renewable energy production: Electricity minister

Ministry of electricity seeks to address the electricity crisis by diversifying production…

Mohamed Ayyad

Power crisis threatens industrial sector

Daily reduction of 725m cubic feet of gas at factories; gas supply…

Mohamed Adel

Egypt’s power crisis worsens as outages approach five hours per day

Electricity deficit increases to approximately 6,180MW, no solution in sight

Mohamed Adel

Inflation sees biggest monthly surge since 2008

Increased demand on commodities and fuel prices behind the 3.3% month on…

Sara Aggour