Egypt to Hedge Oil Prices in FY 2019/20

• Monday, 1st July 2019
• by Editorial Team

Egypt plans to apply an oil hedging mechanism in fiscal year (FY) 2019/20 that starts in July after its efforts to lock-in oil prices in the FY 2018/19, according to Finance Minister Mohamed Maait, Bloomberg reported....

Egypt Starts Hedging Mechanism in FY 2018/19

• Thursday, 18th April 2019
• by Sarah Samir

The Egyptian government is taking a hedging mechanism against oil and food commodities price fluctuations in fiscal year (FY) 2018/19, Al Borsa Newspaper reported, citing the financial statement of the public budget. ...