Tech news Uber to give drivers daily bonus to face fuel price hike Ghada Ismail Nov 13, 2016 0 Uber modified its driver payment system after the increase of fuel prices a few days ago. The company introduced…
Egypt News Parliament supports Cabinet’s move to float pound, cut fuel subsidy Noha Gad Nov 6, 2016 0 The Egyptian parliament's majority bloc Support Egypt announced in a statement Saturday that it fully supports the…
Egypt News John Kerry hails Egypt’s landmark ‘economic reform’ Noha Gad Nov 6, 2016 0 US Secretary of State John Kerry on Saturday praised Egypt for reducing expensive fuel subsidies and liberalising…
Industry & Trade Cement plants to use 15% of waste as alternative fuel sources by 2030 Noha Gad Nov 1, 2016 0 The cabinet on Monday approved a plan submitted by the Ministry of Environment that seeks to encourage the increase…
Industry & Trade Fuel importing bill drops 14.7% in seven months: Egypt’s CAPMAS Noha Gad Oct 30, 2016 0 Egypt's bill of importing fuel sagged by 14.7 percent in January-July 2016 to 44.7 billion Egyptian pounds (US$5…
forex news Oil prices drop as concerns over global fuel glut re-emerge Yomna Yasser Oct 26, 2016 0 Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising…
Industry & Trade Egypt finds other sources after halt in Saudi fuel shipments Noha Gad Oct 12, 2016 0 Egypt's oil ministry says it has secured imports of petroleum products from other sources to compensate for Saudi…
Industry & Trade Egypt’s fuel imports bill sags by 15.3% in 5 months – CAPMAS Noha Gad Sep 1, 2016 0 Egypt's bill of imported fuel sagged by 15.8 percent during the first five months of 2016 to 29.3 billion pounds…
Egypt News Egypt plans to lift fuel subsidies within three years: sources Yomna Yasser Aug 23, 2016 0 Egypt is planning to lift fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of…
Industry & Trade Power plants consumption of fuel worth $450mn per month: Oil minister Noha Gad Aug 10, 2016 0 The total volume of power plants consumption of fuel is estimated at 3-4 billion Egyptian pounds (US$450 million)…