taxes
-
Egypt Gains EGP 930 MM from Sukari Mine Taxes
Thursday, 14th January 2021
The General Manager of Centamin Egypt, Youssef El Raghy, announced that Egypt received a total amount exceeding EGP 930 million from Sukari gold mine, since the start of operation until the last of December 2020.
-
Parliament Considers Changes to Industrial Natural Gas Prices
Monday, 13th November 2017
The Parliamentary Committee on Industry is considering proposals for re-pricing the natural gas sold to industrial purchasers and eliminating the property taxes on factories.
-
Saudi Arabia Cut Aramco Income Tax
Tuesday, 28th March 2017
Saudi Arabia issued a royal decree to decrease the income tax paid by Aramco. -
Morocco Refiner Samir Appeals Court Decision on Liquidation
Friday, 25th March 2016
Morocco's oil refiner Samir has lodged an appeal against a recent court decision that placed it into liquidation and named an independent trustee to run the company, the refiner's lawyer said. -
Morocco’s Sole Refiner Samir Issues Profit Warning
Tuesday, 22nd March 2016
Morocco's sole oil refiner Samir issued a profit warning saying that its 2015 results are expected to show a widening loss after production was halted last year and its bank accounts were frozen. The company is seeking an out-of-court settlement with creditors, expected by end March. -
MENA Oil Exporters Lost Over $340b from Oil Slump
Tuesday, 23rd February 2016
Oil-exporting countries in the Middle East and North Africa (MENA) lost more than $340b in oil revenue from their budgets in 2015, according to the International Monetary Fund (IMF) Chief. Reengineering tax systems could be an answer. -
Norway Mulls Withdrawals from Oil Fund
Wednesday, 7th October 2015
As its currency slumps, Norway is considering withdrawing from its massive sovereign wealth fund, reported Bloomberg. -
Russia May Raise Oil Taxes
Sunday, 20th September 2015
The Russian government, facing budget deficits due to low oil prices, may restructure taxes on crude to make up for the shortfall, Bloomberg reported. -
VAT May Follow Gulf Fuel Subsidy Reforms
Monday, 3rd August 2015
Value added tax (VAT) is being actively considered in many GCC countries and Egypt -
EGPC, Suez Canal, CBE Drowning in Dues
Thursday, 9th July 2015
Tax arrears from the Egyptian General Petroleum Authority (EGPC), Suez Canal and the Central Bank of Egypt (CBE) have reached EGP 35bn, Tax Authority Head Abdel Moneim Matar said on Tuesday.
Latest News
-
El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
-
Egypt Launches First Natural Gas Stations App
-
Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
-
Norpetco Inaugurates HSE Project with $1.3 MM
Subscribe to Newsletter

Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021