United States

Ahmed Ismail

UPDATE 3-Egypt hikes domestic fuel prices as it rounds off subsidy reform

Jul 05 2019

* Austerity has squeezed ordinary Egyptians (Adds quotes, details, analyst comment)

Egypt plugs hub status as Shell, Eni, Exxon win energy concessions

Feb 12 2019

CAIRO Royal Dutch Shell, Eni, BP and Exxon Mobil were among the winners in one of Egypt's largest ever oil and gas exploration tenders on Tuesday, as the country looks to sustain an investment upswing spurred by major discoveries.

Egypt hikes fuel prices in IMF-backed austerity drive

Jun 16 2018

CAIRO Egypt has raised gasoline prices by up to 50 percent, the oil ministry said on Saturday, under an IMF reform plan calling for austerity measures that have made life tougher for ordinary Egyptians.

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