News / Egypt

AMOC Targets Nasdaq Bourse

Egypt’s Alexandria Mineral Oils Company wants to list shares on the Nasdaq Dubai bourse.

Electricity Generation Increase by 2.9% Y.o.Y

Egypt’s generated electricity increased by around 2.9% year-on-year in November 2017.

Aviation Ministry’s Arrears for Petroleum Ministry Hike to EGP 7 B

The Egyptian Ministry of Civil Aviation's indebtedness to the Ministry of Petroleum increased to EGP 7 billion by the end of 2017.

IFIC Increases Stakes in a North Sinai Field

International Financial Investments Company (IFIC), has increased its stake in NSCO Investments Limited Company, which owns the concession rights of the natural gas field located in the North Sinai offshore region.

Egypt’s Butane Imports Increase by 21.76% Y.o.Y

Egypt’s butane imports increased by around 21.76% Year-on-Year (Y.o.Y), reaching 235,600 tons in December 2017 compared to 193,500 tons in December 2016.

Egyptian Petroleum Products Output Increases by 1.5% Y.o.Y

Egypt’s output of petroleum products increased by around 1.5% Year-on-Year (Y.o.Y) from 2.77 million tons in December 2016 to 2.811 million tons in December 2017.

Diesel Consumption Falls by 4.46% Y.o.Y

Egypt’s diesel consumption decreased by 4.46% Year-on-Year (Y.o.Y) from 1.278 million tons in December 2016, to 1.221 million tons in December 2017.

Rockhopper Declares Situation in Egypt to be Improving

Rockhopper Exploration Plc announced that production levels from its Egyptian asset improved as oil prices rose.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

El Molla Participates in ‘Egypt Can..by Sons of the Nile’ Conference

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, is participating in the 'Egypt Can..by Sons of the Nile' Conference, taking place in Luxor on February 25th and 26th.

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