Madbouly: Local Fuel Prices are not Solely Determined by International Rates

• Thursday, 23rd October 2025
• by Doaa Ashraf

Egypt’s fuel prices are not solely determined by Brent crude benchmarks, but rather by a complex set of factors—including local production costs and arrears owed to and paid by the government to International Oil Comp...

IMF: Completion of Fuel Subsidy Reform to Attract Investment

• Sunday, 13th October 2019
• by Editorial Team

The International Monetary Fund (IMF) has issued the report of the fifth and final review of Egypt’s economic reform program supported by an arrangement under the Extended Fund Facility (EFF), as the completion of the...