Petroleum Sector Achieves EGP 20 B Surplus in Nine Months

• Thursday, 11th June 2020
• by Fatma Ahmed

The Deputy Minister of Finance for Financial Policies, Ahmed Kojak, said that petroleum sector achieved a surplus in the state’s public budget exceeding EGP 20 billion during the first nine months of the current...

Government Chooses Provider of Fuel Hedging Contract

• Monday, 13th August 2018
• by Editorial Team

The oil and finance ministries have chosen a firm to sign fuel hedging contracts with the government, anonymous sources told Amwal Al Ghad. The fuel hedging solution was proposed by the two ministries to prevent risin...