Tag: Oil

Gold prices remain low: FEDCOC Gold Division Head

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

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

Stock market sheds EGP 12.4bn, all market indexes decline

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

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

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

Petroleum prices drive stock market down: Experts

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

Sara Aggour

Total Egypt initiate feasibility studies for new investment

Construction of new facility is expected to start within two years

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

Petroleum ministry to add 80m cubic feet of gas to production daily throughout December

Two wells owned by Petrobel will be connected this month, with each…

Mohamed Adel

Gas exploration bid to be offered early 2015 in 11 areas

Three areas in the Delta and eight in the Mediterranean Sea will…

Mohamed Adel