GDP | Egypt Oil & Gas

Egypt Allocates EGP 3.5B to Deliver Natural Gas in FY 2022/23 Budget

The Egyptian Finance Ministry announced that the country has allocated EGP3.5 billion in its budget of the fiscal year (FY) 2022/23 to deliver natural gas to the households.

Mineral Oils Exports Hit Record High in 2021

Fuel and mineral oils came on top of the list of Egyptian exports in the first nine months of 2021 with $8.3 billion compared to $4.2 billion in the same period last year, according to the Central Agency for Publi ...

El Molla Participates in UN’s ECOSOC Forum  

Minister of Petroleum and Mineral Resources, Tarek El Molla, participated in United Nations Economic and Social Council (ECOSOC) forum 2021 via video conference which came under the title of Financing for Sustaina ...

Women Represent 33% of Senior Management in Oil, Gas Sector: El Molla

The Minister of Petroleum and Mineral Resources, Tarek El Molla, praised that women represent 33% of the total senior management, and also represent 30% of the total of employment in the oil and gas sector, the pr ...

China’s Oil Throughput Decreases to 14.9 mmbl/d in December

Chinese oil productivity has gradually declined by 0.5% reaching 14.9 million barrels per day (mmbl/d) in December 2020 after recording a high in November. While the country’s total crude proceeded during 2020, ju ...

Saudi Mining Sector Increases 3.1% During Q1 2020

Saudi Mining Sector has achieved growth 3.1% during the Q1 of the current year despite the exceptional circumstances of Coronavirus pandemic.

El Molla: Petroleum Sector Contributes 27% of GDP

The Minister of Petroleum and Mineral Resources, Tarek El Molla, said the Egyptian Petroleum sector achieved unprecedented production rates of natural gas noting that local consumption rates of oil and gas decline ...

El Molla: Natural Gas Accounts for 15% of Egypt GDP

Natural gas accounts for 15% of the Egypt's gross domestic product (GDP), Minister of Petroleum Tarek El Molla has said.

Egypt’s Budget Deficit Decreases to 1.9% in Q1 2018/19

Egypt's budget deficit decreased to 1.9% during Q1 of fiscal year (FY) 2018/19, compared to 2% in the previous fiscal year, stated Minister of Finance Mohamed Maait.

Egypt’s Growth to Reach 4.5% in 2017/2018

Egypt’s growth has been forecasted to increase to 4.5% during fiscal year (FY) 2017/2018, compared to 4.2% in FY 2016/2017, due to the ongoing economic reforms and the developed business climate.

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