Ministry of Finance | Egypt Oil & Gas - Part 4
Electricity Ministry Debts Hit EGP 90b
The Egyptian Ministry of Electricity and Renewable Energy’s debts increased to EGP 90b to the Ministry of Petroleum and Mineral Resources, the Ministry of Finance and National Investment Bank, reported Al Mal Ne...
Egypt to Pay for Halted Fuel Cargoes
A source with the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that the Egyptian Ministry of Petroleum and Mineral Resources will receive $250m from the Ministry of Finance within January ...
Egypt Reviewed Fuel Subsidy Budget Allocations
The Egyptian Ministry of Petroleum and Mineral Resources is reviewing fuel subsidy allocations for fiscal year 2016/2017 to decide on the amount it will be required from the Ministry of Finance and the Egyptian Parlia...
Egypt to Issue Financial Guarantee for Wind Farm
The Egyptian Ministry of Finance approved issuing a financial guarantee for a new 250MW wind farm in the Gulf of Suez to be granted to a venture between Toyota, Orascom and GD France, reported Al Borsa. The financial ...
Egypt to Collect EGP 70b in Tax Disputes
The Egyptian government approved a draft bill that would settle over 6,000 tax dispute cases worth about EGP 47b ($5.29b), in addition to 150 civil disputes. The total value of uncollected tax arrears has reached EGP ...
