#middle-east
Egypt is expected to settle all remaining dues owed to foreign oil and gas companies by 10 June, according to statements by Mostafa Madbouly during a meeting on Monday, 25, May with Minister of Petroleum and Mineral Resources Karim Badawi. According to the statement, the remaining USD 440 million (EGP 22.98 billion) in outstanding payments will be paid ahead of the previously announced deadline of 30 June, bringing dues to what officials described as “zero outstanding payments.” The government said…
