Madbouly Reviews Measures to Secure Petroleum Stockpiles

• Monday, 13th July 2026
• by Tarek Abdallah

Prime Minister Mostafa Madbouly met with Karim Badawi, Minister of Petroleum and Mineral Resources; Ahmed Kouchouk, Minister of Finance (MoF); Hassan Abdalla, Governor of the Central Bank of Egypt (CBE); and Tarek El-...

Egypt to Cut Energy Subsidies by 20% in 2026/27 Budget

• Saturday, 11th April 2026
• by Doaa Ashraf

Egypt allocated EGP 120 billion ($2.26 billion) for energy subsidies in the upcoming FY2026/2027, down from about EGP 150 billion in the current fiscal year, a roughly 20% cut, Finance Minister Ahmed Kouchouk said in ...

Kouchouk Stresses Increasing Investments in Egyptian Energy Sector at EGYPES 2025

• Tuesday, 25th February 2025
• by Fatma Ahmed

As part of Egypt Energy Show Conference and Exhibition (EGYPES 2025), the Minister of Finance, Ahmed Kouchouk stressed that the government is working on increasing the investments in the Egyptian energy sector, within...