Wednesday, 25th November 2020
Angola’s finance minister, Vera Daves de Sousa, has announced plans to start partial disposal of the national oil company (NOC) Sonangol by the end of 2021 or early 2022.
Thursday, 31st October 2019
The International Monetary Fund (IMF) has declared Iraq's oil production and oil fields unaffected by the nationwide protests.
Thursday, 1st August 2019
The oil and gas sector has succeeded in terms of self-sufficiency, manufacturing and exporting, President Abdel Fattah El Sisi said during the “Ask the President” session, as part of the National Youth Conference held on July 30-31.
Friday, 5th July 2019
The Egyptian Cabinet announced the new fuel prices on July 5, increasing prices by around 25% after subsidy cuts.
Sunday, 19th May 2019
The staff-level agreement will still be pending approval from the IMF executive board, which will make the final $2-billion tranche available, bringing total disbursements to $12 billion.
Monday, 8th April 2019
The Egyptian government is keen to attain full cost recovery for all fuel products, except for liquefied petroleum gas (LPG) and fuel used in power plants and in bakeries by the end of FY 2018/19.
Wednesday, 3rd April 2019
Lall praised the economic reform measures taken by Egypt that boost the country's investments and enable its private sector to continue growing.
Tuesday, 5th February 2019
The IMF board completed the fourth review of Egypt's economic reform program, allowing the fifth tranche to be disbursed to the North African country.
Sunday, 27th January 2019
Christine Lagarde, IMF Managing Director, recommends IMF board to approve the fourth review of Egypt's IMF loan facility.
Thursday, 27th December 2018
Egypt plans to announce its pricing mechanism for 95-octane benzene by the end of December 2018, to start linking the product to international prices in March 2019.