cabinet | Egypt Oil & Gas - Part 4

Gamea Reviews Details for NGVs Conversion Initiative

The Minister of Commerce and Industry, Neveen Gamea, reviewed new details of the initiative to replace obsolete vehicles with vehicles running on natural gas.

Monday Minutes: Economic Snapshot

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

Egypt Eases Coronavirus Restrictions

The Prime Minister, Moustafa Madbouly, announced alleviating the precautionary measures taken to combat coronavirus and abolished nighttime curfew that was imposed to limit the spread of the disease.

El Molla: New 12 Petroleum Agreements Worth $1 B

The Minister of Petroleum and Mineral Resources, Tarek EL Molla, announced that the new 12 petroleum agreements on which the cabinet has approved, worth minimum $1 billion in addition to $19 billion as a signature ...

Monday Minutes: Economic Snapshot

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

El Molla, Shaker to Sign a Protocol to Adjust Debts

The Minister of Petroleum and Mineral Resources, Tarek El Molla, agreed with the Minister of Electricity and Renewable Energy, Mohamed Shaker, to sign a protocol that aims at settling both ministries' debts and ad ...

Petroleum Sector Achieves EGP 3 B Surplus in Q1 2019/20

The Minister of Finance, Mohamed Maat, said that the petroleum sector achieved a surplus of EGP 3 billion in Q1 of fiscal year (FY) 2019/2020.

El Sisi Orders Maximizing Egypt’s Oil Exploration

President Abdelfatah El Sisi has directed the Cabinet to extend the rate of oil and natural gas exploration, with a focus on maximizing the utilization of the country’s natural resources.

PM Oversees Settling Interministerial Financial Records

Prime Minister Mostafa Madbouly held a meeting with the Ministers of Petroleum, Electricity, and Finance to follow up on resolving financial entanglements.

Government Closely Monitoring Fuel Market

Operations rooms at the Ministry of Petroleum and the Cabinet's Information and Decision Support Center (IDSC) are closely following fuel distribution and transportation prices.

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