Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…
Browsing Tag
consumption
Egypt’s Delta North El-Basant–1 drilling operation successful, yields 10 MMcf/d
Egypt has successfully drilled the North El-Basant-1 exploratory well in the Delta, producing around 10 million…
Oman cuts repo rate by 25 bps
The Central Bank of Oman (CBO) reduced its repo rate for local banks by 25 basis points to 4.75 per cent, effective…
China’s retail sales rise in H1 ’25
China’s retail sales grew by 5.0 per cent year-on-year in the first half of 2025, reaching 24.55 trillion yuan,…
China’s ’40 coal cutback falls short, threatens climate
China’s coal consumption, the largest in the world, will decrease by only one-third by 2040, according to a report…
57 areas across Egypt suffer poor connections during April
The National Center for ICT Services Quality Control at the National Telecommunications Regulatory Authority (NTRA)…
US crude rises 1.1%, settling at $53.69, boosted by concerns over Venezuelan crisis
Oil prices rose on Friday as political turmoil in Venezuela threatened to tighten crude supply, but concerns over…
Egypt achieves self sufficiency in gas consumption this year
Egypt's Ministry of Petroleum says that the country achieved self sufficiency in natural gas consumption in…
Egypt to partially cut natural gas subsidies in August
The Egyptian Cabinet decided on Saturday to partially cut subsidies on natural gas for domestic and commercial…
Egypt pays 1.5 bln pounds to install energy-conserving headlights
Egypt's Ministry of Finance stated on Sunday that a disbursement worth 1.5 billion pounds will finance the first…
Egypt unveils rates of hikes in electricity bills for FY2018/19
Egypt's Minister of Electricity Mohamed Shaker announced in a press conference on Tuesday new increases in…
Egypt’s PM inks to raise drinking water and sewage fees this month
Egypt’s Prime Minister Sherif Ismail signed off Saturday to raise drinking water and sewage fees starting this…
Egypt hopes new export control to encourage repeal of Saudi ban on strawberries
Saudi Arabia's ban on the import of Egyptian strawberries went into effect on 18 January because inspections had…
Petrol, natural gas production rises to 5.8 million tonnes in Egypt last Nov.
Egypt's petrol and natural gas production increased record 5.83 million tonnes in November 2017, compared to 5.45…
3 Egyptian firms to produce 14.5mn tonnes of petroleum products in FY2018/19
Egypt's three state-owned petroleum companies, namely Alexandria Petroleum Company, Assiut Oil Refining (ASORC) and…
Egypt’s vegetable oil reserves at 3 months and sugar at 5: ministry
Egypt’s strategic vegetable oil reserves are enough to meet consumption needs for more than three months…
Minister: Egypt’s gasoline consumption falls 4.2% in Q1 of FY2018
Egypt's gasoline consumption dropped by 4.2 percent and diesel consumption by 7.1 percent in the first quarter of…
Jordan and Egypt sign agreement for energy supply boost: officials
Jordan and Egypt have signed an agreement to boost electricity cooperation and increase volume of voltage as…
Oil prices drop on rising US crude inventories and production
Oil markets dipped on Thursday, weighed down by rising U.S. crude inventories and production as well as a stronger…
Source: Egypt to reduce LNG imports in FY2018 as Zohr gas field nears output
Egypt targets reducing its liquefied natural gas (LNG) imports within the financial year 2017/2018 thanks to…
Egypt to boost drinking water bills in August
Egypt’s Cabinet decided to raise the drinking water and sewage fees starting August in a new step to reduce…
Egypt’s fuel consumption jumps by 4.7% in 2016
Egypt’s consumption of various energy resources rose 4.7 percent to reach 91 million tonnes of oil…
Sisi: Egypt is ‘in a race’ to provide essential goods at affordable prices
Egyptian President Abdel Fattah al-Sisi said on Sunday that the state is "in a race against time" to provide…
Egypt’s rice reserves enough for six months
Egypt's strategic supply of rice will cover more than six months' worth of domestic consumption, state news agency…
Twitter creates lite version for data-starved users
Twitter is launching a faster version of its mobile service on Wednesday aimed at people with sporadic connections…
High oil import costs inaugurate expansion for crops in Egypt
The costs of high oil import led to opening the cultivation of oil crops’ file in Egypt. Abdul Moneim El-Banna,…
Siemens to add 1,200MW to national electricity grid at End-May
Siemens is set to add 1,200MW to the national electricity grid by the end of May from power plants in the New…
Oil eases after 4-day gain, US inventories weigh
Oil edged lower on Wednesday, snapping four sessions of gains as an increase in U.S. inventories weighed on the…
Beijing pollution: Police force to combat toxic smog
A new team of environmental police will try to reduce hazardous levels of toxic smog engulfing Beijing, the city's…
Power sector seizes 60% of natural gas consumption: Egypt’s EGAS
Egyptian electricity sector seizes around 60 percent of state's total consumption of natural gas, an official…
Monthly consumption of oil, gas rises to 6.7m T/mon: Egypt’s El-Molla
Egypt's monthly consumption of petroleum products and natural gas increased to 6.7 million tonnes, 30 percent of…
Oil prices edge up in nervous trading ahead of OPEC meeting
Oil markets edged up in nervous trading on Wednesday ahead of an OPEC meeting later in the day, with members of the…
Power plants consumption of gas steadies at 3.7bn ft3/d- Egypt’s EGAS
The natural gas consumption rates of Egyptian power plants steadied during the current week at around 3.7 billion…
Power plants consume 4bn cubic feet of gas per day- Egypt’s minister
The total amount of power plants consumption of natural gas hiked due to the high temperatures, Egyptian Petroleum…
Power plants consumption of fuel worth $450mn per month: Oil minister
The total volume of power plants consumption of fuel is estimated at 3-4 billion Egyptian pounds (US$450 million)…
88.1 % of Egyptian families own cell phones: CAPMAS
An average of 22.1 percent of Egyptian families own smartphones, while 88.1 percent of families own mobile…
BOJ’s new index shows modest pickup in Japan consumption
The Bank of Japan's new index showed on Tuesday that private consumption rose 0.8 percent in April from the…
Egypt’s pharmaceutical market reaches $4.5bn as annual consumption grows 15%
Egyptian pharmaceuticals market is worth around 35 billion Egyptian pounds (US$4.46 billion), Chairman of…
China to boost retail, health, travel sectors to lift consumption
China will promote the development of the retail, health, travel and sports sectors in a bid to boost domestic…
Electricity Consumption hits 29,100MW for 1st time in Egypt
The Electricity and Renewable Energy Ministry has announced that it did not lower loads on Monday despite…