diesel

Microbus drivers block Ring Road
Egypt

Microbus drivers block Ring Road

Dozens of Microbus drivers continued to block a portion of the Ring Road in Maadi Sunday morning, protesting diesel shortages…
More diesel shortages, official predicts
Egypt

More diesel shortages, official predicts

Diesel shortages may grow more severe in March as import allocations fall short, an official source at the Egyptian General…
Tourism union speaks out against fuel subsidy removal plan
Egypt

Tourism union speaks out against fuel subsidy removal plan

The government decision this week to remove subsidies on diesel designated for the tourism sector is a disaster, Khaled al-Mennawy,…
Government to lift diesel subsidies for tourism sector in May
Egypt

Government to lift diesel subsidies for tourism sector in May

Minister of Planning and International Cooperation Ashraf al-Araby has announced that the Cabinet will remove subsidies on diesel fuel sold…
Govt slows diesel price increase in response to strike threats
Business

Govt slows diesel price increase in response to strike threats

  The government has ordered a controversial 130 percent increase in the price of diesel fuel for industry put on…
Egypt issues diesel tender to meet fuel gap
Egypt

Egypt issues diesel tender to meet fuel gap

The Egyptian General Petroleum Corporation issued on Wednesday a tender requesting 450,000 tons of diesel per month from January until…
Finance Ministry transfers US$200 million to petroleum corporation
Business

Finance Ministry transfers US$200 million to petroleum corporation

The Finance Ministry on Tuesday transferred US$200 million to the Egyptian General Petroleum Corporation to finance the import of petroleum products,…
Egypt buys 1.1 mn tons of local wheat, supply ministry says
Business

Egypt buys 1.1 mn tons of local wheat, supply ministry says

ABU DHABI — Egypt has bought 1.1 million tons of local wheat so far in the 2011/2012 season despite diesel shortages…
Facing edgy vote, SCAF hikes diesel imports
Egypt

Facing edgy vote, SCAF hikes diesel imports

Egypt's military rulers plan to spend close to US$1 billion on diesel this summer, a spike in imports as they…
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