fuel

Government to build fuel factory instead of sugar factory
Business

Government to build fuel factory instead of sugar factory

The Food Industries Holding Company (FIHC) has decided to build an airplane fuel factory rather than a previously planned sugar…
Deputy PM acknowledges existence of fuel crisis
Egypt

Deputy PM acknowledges existence of fuel crisis

The shortage of gasoline and diesel is a big problem, Deputy Prime Minister Hazem al-Beblawy told Al-Masry Al-Youm on Sunday.…
Sugar and petrochemical companies to work on plane fuel project
Egypt

Sugar and petrochemical companies to work on plane fuel project

Sugar production firms run by the Food Industries Holding Company (FIHC) agreed in principle with state-run petrochemical companies to launch…
Egypt’s budget targets poor, introduces capital gains tax
Business

Egypt’s budget targets poor, introduces capital gains tax

Egypt's cabinet approved on Wednesday a budget for the 2011/12 financial year that increases spending by a quarter as the…
Egypt boosts consumer subsidies in 2011-12 budget
Business

Egypt boosts consumer subsidies in 2011-12 budget

Egypt's annual budget approved by the cabinet on Wednesday foresees a 26 percent increase in subsidies of consumer commodities such…
Egypt considers importing butane from Iran, Algeria
Business

Egypt considers importing butane from Iran, Algeria

To offset the mounting shortage of butane gas, Egypt's General Petroleum Corporation is mulling whether to import the natural resource…
Egypt allocates US$300mn to import diesel fuel
Egypt

Egypt allocates US$300mn to import diesel fuel

Egypt's Ministry of Finance on Sunday approved the allocation of US$300 million for the Petroleum Public Authority (PPA) to finance…
Tender for Egypt’s first nuclear reactor postponed
Business

Tender for Egypt’s first nuclear reactor postponed

The tender for Egypt's first nuclear station has been postponed for two weeks, Minister of Electricity and Energy Hassan Younis…
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