The United Arab Emirates (UAE) would provide "about $9 billion" worth of petroleum products to Egypt over the next year in a deal that will come into effect on September 1, Egypt's Oil Ministry has said.
Egypt has st
The United Arab Emirates will provide Egypt with petroleum products worth $8.7 billion over a year, starting in September, an Egyptian official told Reuters on Sunday.
"We will complete all the details this week and the first
Vopak Horizon Fujairah, a leading storage and handling service provider for petroleum products, has won the Mohammed Bin Rashid Al Maktoum (MRM) Business award for the ‘Logistics & Supply Chain’ category.
The MRM Business Awards are pr
Vopak Horizon Fujairah has decided to expand its storage terminal for oil products in the Port of Fujairah by 606,000 cubic metres (cbm), to meet market demand.
The expansion reinforces Vopak Horizon Fujairah’s position as a bunkering cent
Egypt's petroleum products subsidy bill will reach EGP66 billion ($12.1 billion) by the end of the fiscal year 2009/10, the state news agency MENA said on Tuesday.
The subsidy bill reached EGP33 billion from the beginning of July until