Egyptian General Petroleum Corporation | Al Bawaba

Egyptian General Petroleum Corporation latest

The first Master Murabaha agreement was signed by Eng. Hani Salem Sonbol, Chief Executive Officer ITFC and Ahmed Yousef, Deputy Chairman of the Commodity Supply Authority. (SG)

September 9th, 2018 - 08:02 GMT

Egypt to Receive $3 Billion From ITFC Agreement

The International Islamic Trade Finance Corporation (ITFC) announced the signing of two new Agreements between ITFC & the Government of the Arab Republic of Egypt represented by the Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply Commodities (GASC) initiating the utilization of the 5th Framework agreement.

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December 15th, 2015 - 06:00 GMT

Egypt's 'the only way out' for Israeli gas: minister

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November 5th, 2015 - 11:00 GMT

Egypt's President Sisi gives the green light to $2.2B in oil and gas exploration contracts

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September 15th, 2015 - 01:10 GMT

Egypt introduces strict rules for foreign workers

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April 15th, 2015 - 05:55 GMT

Easing a chronic shortage: Egypt to import $3.55 billion worth of LNG

Earlier in October, Governor of the CBE Hisham Ramez announced the payment of $500m to Qatar.

December 9th, 2014 - 04:55 GMT

Repaying Qatar brings down Egypt's reserves by $1.1 billion in one month

Brent Crude prices fell to their lowest levels since December 2010 at $69.7 for early transactions Sunday.

December 3rd, 2014 - 06:57 GMT

Diverging fortunes: oil price decline has positive impact on Egypt

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July 22nd, 2014 - 03:55 GMT

Perhaps setting a minimum is more pressing? Egypt sets 'maximum wage'

Many citizens have objected to the price increase, which was approved by the government yesterday.

July 6th, 2014 - 03:55 GMT

Fuel prices to increase 70%: Egypt slashes subsides overnight amidst public outcry

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June 30th, 2014 - 03:55 GMT

How the violence in Iraq is costing Egypt more than a billion dollars

According to Fahmy, the government had to turn to cash in the banks as the country was in a critical situation and the banking sector could help.

December 29th, 2013 - 07:54 GMT

Banking on Egypt's future: why banks loans to the government are a secure investment

Egypt has signed oil and gas exploration agreements with Apache Corporation, Royal Dutch Shell and GDF Suez, the Egyptian state news agency reported.

December 9th, 2013 - 03:55 GMT

Desperate for an economic makeover, Egypt signs historic oil exploration deals with foreign firms

Oil-rich Arab states Saudi Arabia and the United Arab Emirates are keen on delivering petroleum products to the Egyptian government as scheduled.

October 21st, 2013 - 10:47 GMT

No fuel, no problem: Egypt's covered