PM praises government-CBE coordination to secure petroleum supplies ...Egypt

EGYPT INDEPENDENT - News
PM praises government-CBE coordination to secure petroleum supplies
source : EGYPT INDEPENDENT ( Egypt ) () 61
Prime Minister Mostafa Madbouly praised the full and ongoing coordination between the government and the Central Bank of Egypt (CBE) in securing the financial resources needed to build up petroleum product reserves. During his meeting on Sunday, August 10th, 2025, with CBE Governor Hassan Abdalla and Petroleum and Mineral Resources Minister Karim Badawi, Madbouly stressed that the government is taking all necessary proactive measures to ensure the electricity sector’s needs for petroleum materials are met, in addition to meeting the requirements of industry and other uses. The meeting was held as part of ongoing follow-up on efforts to provide various petroleum products, the latest updates on settling foreign partners’ dues, and other related issues. Cabinet Spokesman Mohamed al-Homosani said the meeting discussed efforts made by the banking sector, in coordination with relevant ministries and agencies, to secure the necessary foreign currency to meet the country’s needs of petroleum products. He added that the talks also covered petroleum exploration plans, developments in the activities of international oil and gas companies operating in Egypt, and the status of payments owed to global partners. The prime minister directed intensifying efforts to settle dues according to agreed timetables, while continuing to attract more investment and remove any obstacles facing investors in these sectors.

PM praises government-CBE coordination to secure petroleum supplies Egypt Independent.

    Hence then, the article about pm praises government cbe coordination to secure petroleum supplies was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( PM praises government-CBE coordination to secure petroleum supplies )

    Apple Storegoogle play

    Last updated :

    Also on site :

    Most viewed in News
    We Love Taking Our Babies to the Playground. Only One of Them Is Welcome.
    Slate - before 11 hour & 44 minute
    Saudi Arabia suspends in-person classes in multiple regions amid heavy rain
    ٍٍٍSaudi Gazette - before hour & 59 minute
    Coachella Attendees' Campsites Destroyed After Unexpected Weather — See the Shocking Videos
    Parade - before 11 hour & 6 minute
    Kelly Ripa's Youngest Son Just Made His Broadway Debut in a Legendary Arthur Miller Play and His Dad's Reaction Says It All
    Parade - before 9 hours & 54 minute
    This 'Below Average' Film Is Still Ranked as a Fan-Favorite Movie
    Parade - before 11 hour & 52 minute
    ‘RHOBH’ star Kyle Richards sued sister Kim to evict her from LA condo: report
    Page six - before 11 hour & 28 minute
    The New ‘Longevity’ Peptide Creams That Are Replacing Traditional Anti-Aging Moisturizers
    Parade - before 5 hours & 17 minute
    True-Crime Series Featuring ‘America’s Most Hated Bachelor’ Ranked No. 1 Podcast on Apple
    Parade - before 3 hours & 50 minute
    More than 350,000 vitamins, iron supplements recalled
    Independent - before 6 hours & 43 minute
    California blew a hole in environmental planning law — now, lawmakers are trying to fix it
    Times of San Diego - before 11 hour & 36 minute
    Aldi's Chic Foldable Totes Are Perfect for Quick Weekend Trips
    Parade - before 11 hour & 35 minute
    Iraq parliament elects Kurdish politician Nizar Amedi as president
    Aljazeera - before 11 hour & 9 minute


    Latest News

    Anyma Says He’s ‘Truly Devastated and Deeply Sorry’ Following Canceled Coachella Set: ‘I’m Working on a Solution’

    before minute

    Virat Kohli's record against Mumbai Indians in IPL

    before minute

    Iran-US war latest: Vance says peace talks have failed after 21 hours of negotiations in Pakistan

    before 3 minute

    UN investigates the Chagos deal amid claims it breaches human rights law

    before 4 minute

    Vance says there was 'no deal' with Iran during peace talks

    before 6 minute

    Nine Inch Noize Performed a Full Set for the First Time at Coachella

    before 8 minute

    NYT ‘Connections’ Hints, Clues and Answers Today, Sunday, April 12, 2026

    before 8 minute

    Polls open in crucial Hungarian election

    before 13 minute

    Colman Domingo Sets the ‘Vibe’ in ‘SNL’ Monologue, Jokes About ‘Creepy’ ‘Euphoria’ Viewers

    before 16 minute

    Maha Songkran World Water Festival 2026 opens in Bangkok

    before 17 minute

    Rory McIlroy Criticized for Remarks Ahead of Final Round at The Masters

    before 19 minute

    Urged by Trump, UFC adds Lewis vs. Hokit to White House card

    before 21 minute

    Today’s Wordle Hint, Answers for 1758 on Sunday, April 12, 2026

    before 23 minute

    ‘SNL’ Cold Open: Trump Rips ‘Insane’ Melania for Surprise Epstein Speech

    before 24 minute

    At Ueno Station, ‘Freedom’ restored

    before 31 minute