The Ministry of Finance began implementing on Sunday presidential decree no.59/2020 on modifying tariffs on specific goods.
Abdel-Gawad attributed the hike in production to the implementation of a work program to improve the productivity and operation of obsolete wells, in addition to the drilling program for new exploration and development wells.
Egypt’s production jumped by 82.7 percent on an annual basis to reach 6.5 terawatt hours (TWh), exceeding the average increase of 14.3 percent during the previous 10 years.
The ministry said that this high record in production reflected the success in implementing the integrated work program in the various oilfields of the company in the Eastern and Western Desert areas, the Gulf of Suez and Sinai.
The car will be produced by El Nasr Automotive Manufacturing Co.
The Ministry of Agriculture and Land Reclamation declared Monday that the initiative will be introduced in Damietta and Kafr Al Sheikh governorates.
Prime Minister Mostafa Madbouli visited on Saturday the plants of SE Writing Systems and Uniliver Mashreq within a tour in a number of factories in 6th of October City.
General Manager of Centamin Egypt Youssef al-Raghy told Egypt Today that the size of target production of Sokary Gold Mine in 2020 is 510,000 -540,000 ounces.
The company also signed four development contracts with a total of $20 million grants.
Some 7.2 billion cubic feet of natural gas and 650,000 barrels of crude oil were produced per day.
Both parties agreed to get involved in export targeting African and Arab markets given the many trade agreements Egypt is part of.
The volume of production of the liquefaction plant in Edco is expected to reach 100 percent in the coming period, the sources said.
An official made the statement in a meeting with the Energy and Environment Committee at the House of Representatives.
Egypt Today commemorates the actor’s birthday with a profile of his career.
The world has been keeping a close eye on the trade war ignited by the United States that has set up barriers provoking retaliation by mainly China.
He added that the average sugar consumption ranges between 230,000 to 240,000 tons per month.
Many units are currently working in a pilot and the production of ammonia will start in early May, followed by the production of urea at the end of May.
The production increased almost four times during the second half of 2018 compared tothe result of the first half of 2018, which amounted to 3.1 bcm of gas.
The agency affirmed that Egypt will become a main source of energy to Europe soon.
The head of Sugar Division called for deepening the local industry by increasing the cultivation areas of sugar beet to provide locally produced sugar.