Tag: Fuel

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

Hagar Omran

“Fuel subsidy reform plays a key role in fiscal consolidation”: IMF

In its third review under the extended arrangement in accordance with the…

Daily News Egypt

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…

Doaa A. Moneam

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…

Daily News Egypt

Fuel economy question, lubricants’ role in achieving it

New adopted rules call for average fuel efficiency across manufacturer’s fleets to…

Daily News Egypt

Fuel imports costs $450m monthly

Gasoline, diesel, butane account for largest part of imports, imports will be…

Daily News Egypt

French government to ‘suspend’ fuel tax hike

"It is first step, but we will not settle for crumb," said…

Daily News Egypt

Fuel exports up to $3.4bn in 7 months

The oil sector has been able to raise the value of its…

Daily News Egypt

Foreign partners’ share in petroleum fields increases to $750m on monthly basis

Increase in oil prices globally. linking new wells to production are reasons:…

Mohamed Adel

Petroleum products subsidies up by EGP 10bn in Q1 2018/19

20% increase in barrel price than estimated by state budget

Mohamed Adel