Egypt remains committed to cost recovery of most fuel products by mid-2019: IMF
More difficult external environment poses new challenges on country’s economy, says Lipton
“Fuel subsidy reform plays a key role in fiscal consolidation”: IMF
In its third review under the extended arrangement in accordance with the…
Egyptians bear 70% of fuel prices through threefold price hikes in 2 years
To meet the demands of the IMF to grant Egypt the $12bn…
MSMEDA signs 2 contracts of EGP 20m to convert 4,000 cars from operating on diesel fuel to CNG
Agency injected EGP 152m in past years to convert 30,500 cars, including…
Fuel economy question, lubricants’ role in achieving it
New adopted rules call for average fuel efficiency across manufacturer’s fleets to…
Fuel imports costs $450m monthly
Gasoline, diesel, butane account for largest part of imports, imports will be…
French government to ‘suspend’ fuel tax hike
"It is first step, but we will not settle for crumb," said…
Fuel exports up to $3.4bn in 7 months
The oil sector has been able to raise the value of its…
Foreign partners’ share in petroleum fields increases to $750m on monthly basis
Increase in oil prices globally. linking new wells to production are reasons:…
Petroleum products subsidies up by EGP 10bn in Q1 2018/19
20% increase in barrel price than estimated by state budget