Minister of Finance | Egypt Oil & Gas

El-Sisi Follows Up on Hydrogen, Renewable Energy Projects 

President Abdel Fattah El-Sisi has met the Minister of Petroleum and Mineral Resources Tarek El Molla, Minister of Electricity and Renewable Energy Mohamed Shaker, Minister Of Planning and Economic Development Hal ...

Egypt’s Public Treasury Bears EGP 405M for Green Incentive

Egypt’s public treasury bore EGP 405 million, the value of the green incentive, for about 17,900 new cars allocated to citizens who completed their procedures on the website, including 16,750 cars and 1,150 taxis ...

Egypt Treasury Spends EGP 115 M on Vehicle Replacement Initiative

Egypt’s Public Treasury has disbursed EGP 115 bln in green incentives to replace 5000 obsolete taxis and private cars as well as 130 minibuses with natural gas vehicles.

Monday Minutes: Economic Snapshot

A summary of last two week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

House of Representatives Approves Additional Fees for Gasoline

The House of Representatives has approved proposed fees on gasoline and its derivatives.

Maait: New Fees on Octane, Diesel Not to Increase Prices

The Minister of Finance, Mohamed Maait, said that the new fees that will be imposed on octane and diesel will not increase their current prices.

Egypt Delays Purchase of Oil Price Hedging Contract

The government will delay the purchase of the hedging contract designed to guard against rising oil prices, despite agreeing a deal with several investment banks.

Egypt Energy Debts Reach EGP 800B

Debts owed by the Egyptian energy sector have reached around EGP 800 billion.

Finance Minister to Meet AIIB Delegation

Egyptian Minister of Finance, Amr El Jarhi, will meet the Asian Infrastructure Investment Bank (AIIB)'s Chairman for Policies and Strategies, Uh Akim von Amsberg, and his accompanying delegation.

Egypt Seeks EGP 6b from Stake Selling

Egyptian Minister of Finance, Amr El Garhy, stated that the North African Country plans to receive EGP 6b out of selling state-owned firms' stakes in the Egyptian Stock Exchange (EGX) during fiscal year 2017/2018

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