petroleum products
Oil products from Aramco arriving on schedule: Petroleum Ministry
Business
October 11, 2016
Oil products from Aramco arriving on schedule: Petroleum Ministry
The Petroleum Ministry said on Tuesday that it has started receiving shipments of refined oil products ordered from Saudi Aramco,…
Saudi Aramco informed Egypt about suspending oil product supply: official
Business
October 10, 2016
Saudi Aramco informed Egypt about suspending oil product supply: official
Saudi Aramco informed the Egyptian General Petroleum Corporation, Egypt's state oil company, in early October that it would halt the…
Report: Govt reduces energy subsidies by 40%
Economy
July 6, 2015
Report: Govt reduces energy subsidies by 40%
A recent report issued by the Cairo Center for Economic Studies on energy subsidies has shown that the government has…
Source: ADNOC to start monthly oil product deliveries to Egypt next week
Egypt
April 16, 2015
Source: ADNOC to start monthly oil product deliveries to Egypt next week
State-run Abu Dhabi National Oil Company (ADNOC) will start monthly deliveries of $400 million of petroleum products to Egypt from…
UAE to provide Egypt with loan to purchase petroleum products
Business
August 27, 2014
UAE to provide Egypt with loan to purchase petroleum products
Tareq al-Mulla, executive chief of the Egyptian General Petroleum Corporation (EGPC), said the United Arab Emirates agreed to provide Egypt…
Official: New budget likely to be approved Sunday
Egypt
June 29, 2014
Official: New budget likely to be approved Sunday
Prime Minister Ibrahim Mehleb submitted the new draft budget to President Abdel Fattah al-Sisi on Sunday. Sisi had rejected an earlier…
IEA: US to overtake Saudi as top oil producer
World
November 12, 2012
IEA: US to overtake Saudi as top oil producer
The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy…
Finance Ministry provides additional funding for wheat, petroleum subsidies
Business
May 30, 2012
Finance Ministry provides additional funding for wheat, petroleum subsidies
Finance Minister Momtaz al-Saeed decided to provide the Ministry of Supply and Internal Trade with LE1 billion to disburse payments…
Supply minister negotiating US$1 bn loan for wheat, petroleum products
Business
April 8, 2012
Supply minister negotiating US$1 bn loan for wheat, petroleum products
Egypt is currently negotiating with the Saudi Arabia-based Islamic Development Bank over a US$1 billion loan for wheat and petroleum…