Fuel Prices

IMF advises Egypt to remove remaining fuel subsidies
Economy

IMF advises Egypt to remove remaining fuel subsidies

In the International Monetary Fund’s (IMF) latest Regional Economic Outlook on Egypt that was released on Tuesday, the international lender…
No fuel price hikes in current fiscal year: minister reiterates
Business

No fuel price hikes in current fiscal year: minister reiterates

Petroleum Minister Tarek al-Mulla reiterated on Thursday that the Cabinet does not plan to raise the prices of petroleum products…
No increase in fuel prices in current fiscal year: Finance minister
Business

No increase in fuel prices in current fiscal year: Finance minister

Finance Minister Amr al-Garhy denied that the government plans an increase in fuel prices during the current fiscal year, adding…
Fights break out as drivers raise fares arbitrarily upon fuel prices increase
Egypt

Fights break out as drivers raise fares arbitrarily upon fuel prices increase

Fights and quarrels occurred on Thursday between citizens and drivers of micro-buses and transportation vehicles after they raised fares upon…
Prime minister holds press conference on fuel prices hike
Egypt

Prime minister holds press conference on fuel prices hike

The government raised the prices of all types of gasoline, natural gas and automotive gas starting Thursday morning, Prime Minister…
No alternative to increasing fuel prices
Economy

No alternative to increasing fuel prices

An official source from the Ministry of Petroleum confirmed that there is no alternative to increasing fuel prices, especially since the…
Smart cards system ready for projected increase in fuel prices
Egypt

Smart cards system ready for projected increase in fuel prices

Egypt cabinet ministers held a follow-up meeting for the first phase of the smart cards scheme, in which an electronic…
Video | Sisi reacts angrily against MP complaining of price increases
Egypt

Video | Sisi reacts angrily against MP complaining of price increases

  President Abdel Fattah al-Sisi was angered by a request made by MP Abul-Ma’ati Mostafa, on Tuesday, during the inauguration…
Official denies increase in fuel prices soon
Egypt

Official denies increase in fuel prices soon

Khaled Osman, the deputy head of the General Authority for Petroleum, said that the government would not completely cancel petroleum…
Fuel pipeline to Upper Egypt explodes for the 2nd time in a week
Egypt

Fuel pipeline to Upper Egypt explodes for the 2nd time in a week

The fuel pipeline supplying Upper Egypt with octane exploded Sunday morning for the second time in less than a week.…
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