exchange rate | Egypt Oil & Gas

Electricity Ministry to Discuss FiT Phase 2 with Investors

The renewable energy companies in the second phase of the Feed-in tariff (FiT) program are set to discuss with the Electricity Ministry the payment schedule for the companies’ projects, and the exchange rate at which ...

President Al Sisi Discussed Economic Reforms ahead of IMF Visit

Egypt's President Abdel Fattah Al Sisi held a meeting with Prime Minister, Sherif Ismail, and members of the Economic Ministerial Committee to discuss economic developments, including the pending loan from the Intern ...

South Africa Benefits from Oil Price Drop with Statoil’s Help

South Africa’s trade deficit narrowed to $65m in September as lower oil prices curbed imports, said the Pretoria-based South African Revenue Service.

IMF Calls on Africa to Cut Fuel Subsidies, Diversify, Exert Fiscal Discipline in Low Oil Price Era

David Robinson, the IMF vice-director, has called on the African nations to adopt a package of policies to better ride out the ill-effects of the collapse of oil prices

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