Fuel prices

UAE raises diesel and gasoline prices in July, aligned with international crude oil rates

Sun, 02 Jul 2023 - 12:56 GMT

The slight increase in in petrol prices follows a small reduction observed in the previous month, as reported by UAE media outlets

Fuel prices in Egypt rise by 75 piasters, LE 1 per liter

Wed, 01 Mar 2023 - 10:47 GMT

Fuel prices in Egypt witnessed on Wednesday an increase ranging from 75 piasters to LE 1 per liter in the local markets, as per a decision issued by the Fuel Automatic Pricing Committee, the Ministry of Petroleum said in a statement.

Egypt keeps gasoline, diesel prices unchanged in quarterly review

Sat, 22 Oct 2022 - 01:48 GMT

As per the committee’s decision, the price of 80-octance gasoline will remain unchanged at LE 8 per liter while price of 92-octance and 95-octane will remain fixed at LE 9.25 and LE 10.75 per liter respectively, a statement by the Ministry of Petroleum said.

Egyptian gov’t denies rise in public transportation fares amid increase in gasoline price

Sat, 16 Apr 2022 - 02:30 GMT

The Egyptian government has denied reports about an alleged rise in public transportation fares in light of the recent increase in gasoline prices.

Finance Ministry dismisses reports related to fuel prices

Mon, 10 Jun 2019 - 11:29 GMT

The Finance Ministry denied the rumors that spread on social media about fuel prices hike in the coming period.

G’ovt official denies fuel prices’ hike in Egypt

Sun, 09 Jun 2019 - 08:39 GMT

A government official refuted on Sunday all the rumors circulated by social media platforms about the date of the increase in fuel prices in Egypt.

Control on markets tightened to ensure availability of fuel products

Thu, 21 Jun 2018 - 01:24 GMT

The price of gasoline 92 increased from LE 5 per liter to 6.75, while the price of gasoline 80 rose from LE 3.65 per liter to LE 5.50.

Business News Wrap-Up

Sun, 17 Jun 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day.

PM orders new transport fares to be published nationwide

Sun, 17 Jun 2018 - 01:44 GMT

The new fees, set by authorities in each governorate, will be advertised via different media outlets and at stations, upon the premier's directive.

No exemptions in new power tariffs: Ministry spokesperson

Thu, 06 Jul 2017 - 08:12 GMT

New electricity tariffs will be announced Thursday, with all consumption brackets to be affected.

Parliament's majority bloc "working on proposals to ease burdens on citizens"

Tue, 04 Jul 2017 - 06:15 GMT

The parliament’s majority bloc, said on Tuesday it was working on some proposals to ease the burden on citizens after recent hikes in fuel prices.

Fuel price hike to add 3-4.5 % points to Egypt's inflation

Mon, 03 Jul 2017 - 12:50 GMT

Egypt's inflation rate, which was around 30 percent in May, will rise by between 3 and 4.5 percentage points following last week's fuel price hike.

Penalties on drivers illegally imposing higher fees

Sat, 01 Jul 2017 - 07:47 GMT

Violations have been anticipated following the decision of increasing fuel prices with the aim of gradually removing energy subsidies.

Fuel affects production cost by 5-7%: El-Sewedy

Sat, 01 Jul 2017 - 01:09 GMT

El-Sewedy asks manufacturers to bear the cost of fuel price increases and not raise prices of their products.

Fuel oil for cement, fertilizers factories up 40%

Thu, 29 Jun 2017 - 03:41 GMT

Lead: The price per ton will be increased from LE 2,500 to LE 3,500

No increase in gas prices for factories: Minister

Thu, 29 Jun 2017 - 02:54 GMT

Minister of Industry said his decision would attract more investments in the industrial sector.

No effect of fuel hikes on food prices: Chambers of commerce

Thu, 29 Jun 2017 - 01:16 GMT

Prices of food items will not be affected by the recent hikes in fuel prices, the Federation of Chambers of Commerce (FEDCOC) said Thursday.

Infographic: Breakdown of new fuel, gas prices

Thu, 29 Jun 2017 - 12:39 GMT

The Cabinet imposed Thursday new increases to fuel price.

New gas prices for households, commercial sector declared

Thu, 29 Jun 2017 - 11:24 GMT

Consumers of less than 30 cubic meters will pay LE 1 per cubic meter

Transportation fares to jump 10% after fuel price hikes

Thu, 29 Jun 2017 - 10:20 GMT

No price increase recorded so far in the fares of railway trains