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Egypt’s new fuel prices are beginning to show their impact on food
The impact of higher fuel prices is beginning to touch food. Exhibit A: The Supply Ministry is studying raising the…
Turkey to continue drilling for gas off Cyprus until Greek Cypriots accept Turkish-Cypriot cooperation proposal
Eastern Mediterranean drama over gas exploration continues: Turkey will continue its gas drilling in waters off Cyprus until the Greek…
UAE-based investor acquires USD 37 mn stake in Maridive
INVESTMENT WATCH- UAE-based investor acquires USD 37 mn stake in Maridive: Maridive & Oil Services’ board of directors has approved…
What we’re tracking on 15 July 2019
Al Mashat in the US, talks tourism reform, promotion: Tourism Minister Rania Al Mashat met this week with International Monetary…
EGAS to offer three LNG shipments from Idku in August
State-owned EGAS will offer three LNG shipments from the Idku plant in August, two trade sources told Reuters. One source…
Iron factories at war with Trade Ministry over import duty on iron billets
DISPUTE WATCH- Iron factories at war with Trade Ministry over import duty on iron billets: Twenty-two iron factories have halted…
Arrears owed by Egypt to IOCs fall to USD 900 mn
Arrears to IOCs fall to USD 900 mn, on track to be cleared by the end of the year: Arrears…
Egypt’s wheat imports decline by 9.6% in 1H2019
Good news for bread subsidy watchers (and bad news for wheat importers) — wheat imports, prices fall: Wheat imports declined…
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