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Finance Ministry begins clearing export dues backlog with first tranche of direct payments
Good afternoon, friends, and welcome to the start of a fresh new workweek. The last official day of the summer…
THIS MORNING: Export subsidy payouts next week
FinMin will disburse payments to exporters on 12-13 July
New Egyptian transit visas + El Molla meets with oil majors
ENERGY- El Molla meets with reps of international oil companies: Oil Minister Tarek El Molla held two separate meetings with…
Gov’t to hand out another EGP 10 bn in export subsidies
The sixth phase of the program opens for applications in May
Gov’t wants to nearly double annual exports by 2025
Egypt aims to increase export revenues to USD 60 bn a year by the middle of the decade as part…
Natural gas exports rose 142% y-o-y in FY2020-2021
Natural gas exports hit 4.6 bn cubic meters in FY2020-2021, up 142% y-o-y, according to Capmas figures (pdf). Egypt became…
Fourth phase of export subsidy payout program to launch in November
The Finance Ministry will launch a fourth phase of its export subsidy program at the start of November, Finance Minister…
TMG could expand to Saudi and Iraq
A few things we’re keeping an eye on this morning: Talaat Moustafa Group is studying expanding its real estate business…
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