News / Egypt

El Jarhi: Cutting Fuel Subsidies to Aid Lower Income Groups

Egyptian Minister of Finance, Amr El-Jarhi, stated that fuel and electricity subsidies are flawed and assured that moving the prices will aid in rebalancing the system

Egypt’s Local Electrical Consumption Exceeds 30,000MW

The electrical consumption of the Egyptian citizens has exceeded 30,000MW for the first time in the history of the Ministry of Electricity,

Fuel Prices Not to Increase for Industrial Sector

Fuel provided for the industry sector will not face any price increase, except for cement industry, according to EGPC's CEO.

MoF: No Increase in Fuel Prices until Next July

There will be no further increase in fuel prices during the fiscal year (FY) 2017/18, according to the Egyptian Minister of Finance.

El Molla Meets Vegas CEO

During the meeting, the Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed the company's work programs in its concession area located in East Lagia, Sinai.

Egypt to Manufacture Solar Cells from Sand

The Egyptian government will cooperate with Ibrahim Samak, a World Energy Expert and a member of the Presidential Advisory Council, in a huge project to manufacture Egyptian solar cells from sand with capacity of 1GB.

Fleet Energy to Import LNG from Egypt

UAE’s Fleet Energy Inc. has been granted approval to import liquefied natural gas (LNG) from Egypt.

El Molla: Smart Cards Do Not Affect Fuel Prices

The increase in benzene and diesel prices follows the Egyptian Cabinet's decision to cut fuel subsidies in order to ease the budget deficit.

Egypt Supports Emirati Petroleum Investments

Minister of Petroleum, Tarek EL Molla, attended the launching of Emarat Misr's new auto service stations.

Zohr to Start Production in November

The Egyptian Ministry of Petroleum announced that Zohr field's actual production will start in November.

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