Bulk liquids terminal in Sokhna Port still waits for $360m in funds
Project expected to be completed by mid-2017
April trade deficit up 52.7% YOY
Egypt recorded trade balance deficit of EGP 24.60bn in April 2015, says…
Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla
Expected decline in fuel consumption is 5% during new fiscal year, says…
10.9% increase in trade balance deficit in March: CAPMAS
Egypt recorded trade balance deficit of EGP 26.7bn in March 2015
EGP 126.3bn in oil product subsidies’ expenditure in FY 2013/2014: EIA
In 2013, Egypt’s total primary energy consumption was 1.7m barrels per day…
Important economic decisions in 2014/2015 economic plan
Government decisions not enough, Egypt needs to treat economic crisis by developing…
Trade deficit drops by 22.5% year on year in July: CAPMAS
Imports and exports decrease by 18.8% and 12.7%, respectively
EGPC tracking distribution of fuel through GPS to prevent smuggling
EGPC's inability to follow-up on the fuel distribution process made it face…
FY 2014/2015 state budget referred to presidency for approval
Budget witnesses major changes in health, education, electricity and petroleum products subsidies.
Fuel cards to save $5.2bn
The supply of petroleum products, via smart cards, to cars will begin…