USD | Egypt Oil & Gas

Power Prices to Remain Stable

The spokesperson for the Egyptian Ministry of Electricity , Ayman Hamza, said that accordingly to directives from Egyptian President, Abd El Fatah El Sisi, there will be no increase in the selling prices of electricit...

Egypt Selects 4 Investment Banks for USD Bond Issuance

Egypt’s Ministry of Finance picked four banks to manage a dollar bond issuance, as the country plans to sell $3b to $5b in international bonds during the current fiscal year ending June 30 2017, with the first issuanc...

Petroleum Expert: Fuel Imports Costs to Increase by 5% per Month

As Egypt devalued its currency with the current exchange rate standing at EGP10.20 for $1, the price of fuel imports will increase by at least 5% per month, petroleum expert, Aziz Effat, told Egypt Oil&Gas. This w...

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