Petroleum Products’ Subsidies Backs Economic Reform Program

• Wednesday, 3rd July 2019
• by Editorial Team

The new petroleum products’ subsidies come in line with Egypt’s economic program, which aims to boost the sector, Al-Ahram reported. According to Khaled Kandil, member of the Supreme Committee of Al Wafd Party and Cha...

Saudi Seriously Contemplating Slashing Energy Subsidies

• Wednesday, 28th October 2015
• by Egypt Oil & Gas

Oil Minister Ali al-Naimi confirmed suspicions that the Saudi kingdom could cut its system of energy subsidies, reported Reuters. He was asked on the sidelines of a mining conference on Tuesday whether he expected dom...