Consumption

Egypt to impose harsher penalty for water wastage

Thu, 23 Jul 2020 - 01:39 GMT

Prime Minister Mostafa Madbouly ordered the concerned ministries to install water-saving tap devices in all housing units.

Finance minister says fund to encourage consumption to be launched soon

Sun, 12 Jul 2020 - 04:19 GMT

The fund-to-be aims to increase consumer capabilities among citizens, he said during the inauguration of a number of national projects earlier today.

Cabinet reveals change in consumption rates of some goods, services

Sun, 28 Jun 2020 - 08:25 GMT

The Cabinet announced Sunday that the expenditure of citizens on medical products increased by 80 percent due to the outbreak of COVID-19.

2M pre-paid meters to be installed in 2020: Electricity Ministry

Fri, 31 Jan 2020 - 11:41 GMT

This is part of a plan to substitute all traditional meters across Egypt with prepaid ones within 5 years.

Production of oil, gas hikes in July, consumption declines

Tue, 01 Oct 2019 - 02:00 GMT

CAPMAS added in a report that the consumption of oil and natural gas also declined to 6.6 million tons in July on a year-on-year basis.

National poultry project to be established across 9 zones soon

Wed, 07 Aug 2019 - 12:40 GMT

The Supreme Council for Planning and Urban Development approved on Tuesday the establishment of the National Project for Poultry Investment across nine zones.

Strategic sugar reserve enough for 8 months: Supply min.

Wed, 12 Jun 2019 - 01:52 GMT

He added that the average sugar consumption ranges between 230,000 to 240,000 tons per month.

Consumption of 95-octane fuel increases to 350-400 tons per day

Wed, 02 May 2018 - 11:47 GMT

he consumption of the high quality 95-octane fuel has increased to around 350-400 tons daily, a source in the petroleum sector said Wednesday.

Consumption of diesel increases to 40M tons per day due to harvest season

Tue, 01 May 2018 - 12:47 GMT

Normal consumption rates do not exceed 37,000 tons a day.

Egypt’s natural gas production rises to 3.4M tons in December 2017

Tue, 06 Mar 2018 - 09:07 GMT

Egypt’s production of natural gas increased in December 2017 to reach 3.4 million tons, up from 2.7 million tons in December 2016.

Production, consumption of diesel drop in December 2017

Tue, 27 Feb 2018 - 09:48 GMT

Consumption of diesel declined in December 2017 by around 57,000 tons, compared to the same month a year earlier.

3 companies to produce 14.5M tons of petroleum products in 2018/19

Sun, 14 Jan 2018 - 02:00 GMT

The companies aim to refine around 16 million tons of crude in 2018/19 to help satisfy domestic needs from petroleum products.

Egypt’s cotton exports drop 38.4% in Q4 of agricultural season

Sun, 03 Dec 2017 - 05:30 GMT

The drop is attributed to a decline in the area of cultivated cotton.

Answers you should know on petroleum debt to foreign firms

Mon, 20 Nov 2017 - 05:55 GMT

The Petroleum Ministry announced a plan to completely settle the dues before the end of 2020.

Egypt gasoline consumption fell 4.2% in July-Sept: Minister

Wed, 01 Nov 2017 - 09:50 GMT

Diesel consumption in the same period was 3.419 million tonnes compared with 3.680 million tonnes a year before.

Zohr field to start production by November-end

Sat, 21 Oct 2017 - 04:22 GMT

The Mediterranean’s largest gas field Zohr will start production in the second half of November.

Egypt’s banking system is stable on boosted growth: Moody’s

Wed, 11 Oct 2017 - 04:37 GMT

Moody’s predicts growth to pick up to 4.5 percent in fiscal year (FY) 2017/2018, from 4.0 percent in FY 2016/2017.

EU pushes shift of taxes from labor to houses, sales

Thu, 05 Oct 2017 - 01:51 GMT

Euro zone governments should cut taxes on labor and offset the dip in revenues by shifting taxation to houses or consumption, the European Commission said.

Domestic need for sugar covered by local production, imports

Sat, 16 Sep 2017 - 03:31 GMT

Contracted sugar quantities are now being received by public sector companies for refinement and it will be sold on the market for LE 9.5 per kilo.

Egypt to increase wheat-planted areas to 3.5M acres

Thu, 07 Sep 2017 - 04:43 GMT

The government will provide incentives for farmers whether through subsidizing grains, fertilizers or fair prices for wheat export.

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