Egypt raises fuel prices for first time in 2025

Egypt to raise fuel prices as condition of IMF support package

Egypt's Ministry of Petroleum announced that the government had raised fuel prices starting on Friday, marking the first increase of 2025. The move comes as part of efforts to reduce fuel subsidies in line with an $8 billion support package from the International Monetary Fund (IMF). The price hikes, which ranged from between 11.76% to 14.81%, apply to a wide array of fuel products. They come nearly a month after the IMF approved the disbursemen…

Fuel Price Hikes Take Effect in Egypt Starting Friday

Egypt’s Fuel Pricing Committee announced a surge in fuel prices starting Friday, 11 April. The adjustments apply to gasoline, diesel, industrial mazut, gas used in brick kilns, and butane cylinders. According to the updated rates, the price of Gasoline 95 has increased from EGP 17 (USD 0.33) to EGP 19 (USD 0.37) per liter, while Gasoline 92 now sells at EGP 17.25 (USD 0.34) per liter, up from EGP 15.25 (USD 0.30). Gasoline 80 rose to EGP 15.75 (…

Egypt raises fuel prices for first time in 2025

Egypt hiked prices on fuel products on Friday by up to almost 15%, state media reported, marking the first increase in 2025 as the government seeks to reduce fuel subsidies as required by the IMF's support package.

Egypt Hikes Fuel Prices Amid IMF-Driven Economic Reforms

By Ebi Kesiena Egypt has announced its first fuel price increase of 2025, raising prices by up to 15% across various fuel products as part of its ongoing efforts to scale back subsidies and fulfil commitments under a multi-billion-dollar loan agreement with the International Monetary Fund (IMF). State media confirmed on Friday that the hikes range from 11.76% to 14.81%, following the IMF’s recent approval of a $1.2 billion disbursement to Egypt.…

Egypt Eyes Summer Power Needs, Looks To Limit LNG Spending

Cairo is moving away from public spot tenders to secure its summer LNG needs. It has indicated that it will pay a maximum of $14/mn BTU, but will likely ha...

After Fuel Hike ... Egypt Raises Public Transportation Fairs

In light of the Petroleum Products Pricing Committee's decision to adjust the price of gasoline and diesel, Cairo Governorate has amended fares for service vehicles, public transportation, mass transit, regional transportation, and white taxis.