Politics
Egypt’s PM Madbouly chairs three meetings on energy reserves, aviation fuel, and state divestment
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Egypt’s PM Madbouly chairs three meetings on energy reserves, aviation fuel, and state divestment
Egyptian Prime Minister Mostafa Madbouly convened meetings on July 13, 2026, to discuss strategic petroleum reserves, aviation fuel cooperation, and progress on the state's divestment plan.
- Madbouly chaired a meeting with central bank and finance officials to follow up on efforts to increase strategic petroleum reserves amid regional uncertainty.
- Madbouly said 20 state-owned companies have been temporarily listed on the stock exchange, with four more undergoing listing procedures.
- Madbouly held a separate meeting with the petroleum and civil aviation ministers to review fuel supply and progress on Egypt’s first sustainable aviation fuel project.
- Petroleum Minister Karim Badawi stated that local demand for jet fuel is fully met by Egyptian refineries and that airport fuel stations are being upgraded.
TopicsprivatizationDevelopmentaviation fuelbankinvestmentministercivil aviationcooperationprime-ministerprojectsEnergysustainable fuelpetroleum reservesairportgovernmentstock exchangecentral bankrefiningstate-owned companieseconomy
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