Madbouly Rules Out Immediate Fuel Price Cuts, Signals Possible Q1 FY 2026/27 Reduction

• Thursday, 2nd July 2026
• by Tarek Abdallah

Speaking at the government’s weekly press conference, Prime Minister Mostafa Madbouly said Egypt’s Automatic Fuel Pricing Committee will review fuel prices in the first quarter (Q1) of the 2026/27 fiscal y...

SUMED Amends Two Articles of its Policy

• Tuesday, 18th May 2021
• by Fatma Ahmed

Arab Petroleum Pipelines Company (SUMED) announced that it has amended articles number 23 and 39 of its policy that accompanied  its establishment law no (7) 1974, by adding two paragraphs for both articles, Al-Ahram ...

Saudi Regime Bracing for Major Economic Reforms

• Sunday, 20th December 2015
• by Egypt Oil & Gas

Saudi Arabia’s Deputy Crown Prince, Mohammed bin Salman has outlined plans to reshape country’s economy to withstand low oil prices, sources told Reuters. The Council of Economic and Development Affairs ch...