Egypt Doubles Oil Hedges in FY 2020/21

• Thursday, 10th December 2020
• by Editorial Team

Egypt has doubled its oil hedges during the fiscal year (FY) 2020/21 as a precautionary measure against the possible increase of oil prices, Finance Minister Mohamed Maait told Bloomberg in an interview.

AMOC to Offer 20% Stake on EGX

• Sunday, 16th September 2018
• by Sarah Samir

Egypt's Minister of Finance, Mohamed Maait, has announced that a further 20% of the Alexandria Mineral Oils Company (AMOC) will be offered on the Egyptian Exchange Market (EGX).

Egypt to Receive IMF Loan Tranche in December

• Tuesday, 5th December 2017
• by Sarah Samir

Egypt I believed to receive a new tranche of the $2 billion International Monetary Fund (IMF) loan during the 3rd week of December 2017, Egyptian Minister of Finance.

South Africa’s Government Aids Troubled Energy Sector

• Thursday, 22nd January 2015
• by Egypt Oil & Gas

South Africa’s government has identified assets to sell to help Eskom Holdings SOC Ltd. cover its funding gap, with the first cash injection of 10 billion rand ($870 million) expected by about June, Finance Minister ...