public sector | Egypt Oil & Gas

EGP30 Billion Allocated for Developing Public Petroleum Companies in 2022/23

The Minister of Petroleum and Mineral Resources Tarek El Molla has announced that Egypt allocated EGP 30 billion for the first time in the budget of the fiscal year (FY) 2022/23 to develop the petroleum companies ...

Egypt’s Electricity Ministry Faces liquidity Issues

The Egyptian Electricity Ministry is looking to collect the EGP 1.2 b in overdue power bills owed by public sector companies.

Saudi Plans Delayed as Credit Rating Drops with Oil Prices

Saudi Arabia's cabinet has deferred for further study a decision on limiting the private sector work week to 40 hours

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