Electricity Ministry considers reducing fuel oil at power plants to cope with post-flotation financial burden
Liberation of exchange rate hiked burden to EGP 102bn per year
Latest in Tag: fuel oil Highlight
Latest in Tag: fuel oil
Government unlikely to succeed in price control efforts: Former IMF official
Government cutting energy subsidies, preparing diesel and gasoline price increases, likely to exacerbate suffering of 26% of Egyptians under poverty line
UAE, Saudi Arabia provide Egypt with $2.6bn in grants in Q1 2014
Egypt has made various offers to the UAE, Saudi Arabia and Kuwait regarding a number of projects, including the establishment of laboratories for refinement areas in Ain Sokhna, the North Coast, Alexandria and Upper Egypt.
Government announces 50% fuel price hikes for cement, brick factories
The government will raise natural gas, fuel oil, and diesel prices