CBE
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Egypt Gains EGP 930 MM from Sukari Mine Taxes
Thursday, 14th January 2021
The General Manager of Centamin Egypt, Youssef El Raghy, announced that Egypt received a total amount exceeding EGP 930 million from Sukari gold mine, since the start of operation until the last of December 2020.
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Petroleum Trade Deficit Records $421 MM in FY 2019/20
Tuesday, 1st December 2020
The petroleum trade deficit recorded $421 million by the end of the fiscal year (FY) 2019/20, compared to a surplus of $8.1 million recorded in the previous year.
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Monday Minutes: Economic Snapshot
Monday, 10th August 2020
A summary of last two week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
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Monday Minutes: Economic Snapshot
Monday, 18th May 2020
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
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Egypt Records First Hydrocarbon Trade Surplus in 5 Years: CBE
Thursday, 4th July 2019
Petroleum exports amounted to $3.2 billion while imports stood at $2.4 billion during Q4 2018.
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CBE to Offer Loans for Natural Gas Vehicle Conversion
Tuesday, 19th February 2019
The Central Bank of Egypt (CBE) will offer 5% interest loans to encourage car owners to transform their vehicles to natural gas-powered or mixed-fueled cars, running with both natural gas and gasoline
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Petroleum Exports Profit Increases by 33.14% YOY
Monday, 8th October 2018
Egypt's petroleum exports profit increased by around 33.14% year-on-year (YOY) as the country exported petroleum worth $8.773 billion in fiscal year (FY) 2017/18, compared to $6.5895 billion during 2016/17.
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Inflation Falls to 11.4% in May
Sunday, 10th June 2018
Egypt’s annual headline consumer price inflation (CPI) fell 1.7% in May 2018.
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Egypt to Repay $850M to IOCs
Monday, 14th May 2018
Egypt will repay $850 million in arrears to international oil companies (IOCs) operating in Egypt.
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Monday Minute: Economic Snapshot
Monday, 16th October 2017
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Latest News
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Norpetco Inaugurates HSE Project with $1.3 MM
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El Molla Attends the 5th IEF-EU Energy and Climate Day
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021