Economic reform | Egypt Oil & Gas
IMF Delegation to Visit Egypt for Periodic Review
An International Monetary Fund (IMF) delegation will visit Egypt in May 2018 to conduct the periodic review of the country’s economic reform program, Amwal Al Ghad reported. The review will assess the implementation o...
Egyptian Cabinet Reduces Fuel Subsidies
Egypt’s Cabinet decided to cut fuel subsidies in order to ease the budget deficit. The decision led to an increase in benzene and diesel prices. Egyptian Prime Minister, Sherif Ismail, said that economic reform ...
El Molla: Fuel Subsidies Cut is a Must
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that there is no alternative to increasing fuel prices, especially since the cost of petroleum products’ subsidies will exceed EGP 100b...
Egypt to Establish Complementary Industries Based on Mineral Resources
A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the ministry supports the plan of developing the South Valley as part of Egypt̵...
Egypt to Raise up to $150m from the IPO of Enppi
Egypt expects to raise up to $150m from the initial public offering of the Engineering for the Petroleum & Process Industries (Enppi) as the government pushes ahead with a plan to sell stakes in state-controlled c...
EU to Fund Egypt with $142m
EU’s Head of the European Neighborhood Policy and Enlargement Negotiations, Johannes Hahn, will sign a $142.17m funding package to support social and economic reforms in Egypt, as well as create job and supporting c...Page 1 of 1
