Tag: Oil

Decline of international oil prices to decrease Egypt’s subsidy bill by EGP 25bn: Dcode study

Negative implications of BOP would lead CBE to adopt more flexible stance…

Daily News Egypt Daily News Egypt

Egypt closes Salloum border amid Libya security woes

Border guards detain 151 illegal migrants attempting to enter Libya

Daily News Egypt Daily News Egypt

Gold prices remain low: FEDCOC Gold Division Head

Official says gold prices were not notably affected by oil pricing crisis

Sara Aggour Sara Aggour

Declining oil prices contribute to budget deficit decrease by $5.5bn: Qalaa Holding

Qalaa Holding expects to achieve earnings totalling $700m in 2017 due to…

Daily News Egypt Daily News Egypt

Stock market sheds EGP 12.4bn, all market indexes decline

A further drop in oil prices results in additional losses for the…

Sara Aggour Sara Aggour

Brent price decrease drives down subsidies in FY 2014/2015 budget to approximately EGP 55bn

Fuel oil, which is supplied into markets, is currently not subsidised, says…

Mohamed Adel Mohamed Adel

Government studies allow new cement factories to be established: Prime Minister

Government Economic Group discussion takes legal and economic dimensions into account in…

Mohamed Ayyad Mohamed Ayyad

Petroleum prices drive stock market down: Experts

Market gains EGP 5.9bn Monday after witnessing a huge loss the previous…

Sara Aggour Sara Aggour

Total Egypt initiate feasibility studies for new investment

Construction of new facility is expected to start within two years

Sara Aggour Sara Aggour

International oil price reduction to save cash for Egypt’s budget: Economy professor

Crude oil prices have slumped to lowest level in five years due…

Doaa Farid Doaa Farid