cabinet | Egypt Oil & Gas - Part 6

Egypt to Review Pre-Devaulation State Deals

The Egyptian Cabinet approved a governmental commission to review tenders and contracts between the government on one hand and companies and factories on the other hand that were prior to EGP devaluation.

Egypt’s Cabinet Confirmed Fuel Exempted from VAT

The cabinet confirmed that Egypt’s petroleum based products are to be exempted from the value-added tax (VAT), which is yet to be presented to the parliament.

Egypt to Witness Increase in Electricity Prices

The Minister of Electricity and Renewable Energy, Mohamed Shaker, has announced that a slight increase in the prices of electricity will be witnessed during the first three segments of consumption. Later on the price ...

Saudi Cabinet Makes Tentative Pronouncements on Oil Price Cooperation

Saudi Arabia's cabinet said it was ready to cooperate with OPEC and non-OPEC countries to achieve market stability.

EGPC Calls on Cabinet to Approve Interest Payments

EGPC has addressed the Council of Ministers for the approval for interests payments worth EGP 2.7b on a loan guaranteed by the Ministry of Electricity, learned Al-Borsa.

GE Willing to Participate in Renewable Energy Plant

General Electric (GE) has expressed its willingness to participate in constructing new and renewable energy plants in Egypt, the GE Vice President said according to a Monday cabinet press release.

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