Egypt targets 26% subsidy cuts for petroleum products, 47% for electricity
The Egyptian government aims to cut petroleum subsidies by about 26%, and…
EGP 19.3bn cost of petroleum products transportation in 2016/2017: CAPMAS
Total amounts transferred by Sumed pipeline reached 65.8m tonnes in 2016/2017, costing…
Petroleum Ministry expects 4% rise in local petroleum products consumption
Establishment, expansion of seven refineries
Cost of transportation of petroleum products in 2015/2016 amounted to EGP 18.1bn: CAPMAS
The total cost of transportation of petroleum products reached EGP 18.1bn in…
Deficit in trade balance down by 3.1% in August: CAPMAS
During August, the deficit in the trade balance recorded EGP 37.8bn, compared…
Egyptian-Saudi tension: the honeymoon is reaching its end
I, like many others, was surprised by the sudden decision taken by…
Finance Ministry denies claims that VAT will affect prices of petroleum products
VAT exempted goods will include all essential goods and services, says Ministry…
Repayment period for gas shipments, petroleum products increased to 3 months from arrival: El-Molla
All concluded products with foreign companies were modified in order to provide…
NBE gives SUMED $100m to finance project for the trading and storage of petroleum products
The loan will also finance the launch of a quay in Ain…
Egypt consumes 73.36m tonnes of petroleum products and natural gas in one year: CAPMAS
The total amount of produced clean water stood at 8.87bn cubic meters…