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Egypt raised fuel prices Friday by between 10% and 17%, a move likely to impact the cost of both goods and services. The Egyptian government said in a statement on Facebook that the decision was made in order to “reduce the gap between the selling prices of petroleum products and their high production and import costs.”

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New Mexico

United States

Egypt increases fuel prices by 10% to 17%

Egypt has raised fuel prices by between 10% and 17%, a move likely to impact the cost of both goods and services.

Ad Fontes Media

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Associated Press News

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Egypt raised prices on a wide range of fuel products early on Friday, the petroleum ministry said, marking the third such increase this year.

Times Live

Johannesburg

City of Johannesburg Metropolitan Municipality

Gauteng

South Africa

Egypt raises petrol, diesel prices for third time this year

CAIRO (AP) — Egypt raised fuel prices Friday by between 10% and 17%, a move likely to impact the cost of both goods and services.  The Egyptian government said in a statement on Facebook that the decision was made in order to “reduce the gap between the selling prices of petroleum products and their high production and import costs.”  Egyptians have been grappling with a soaring inflation as they navigate rising daily costs that reached another …

Hubbard Broadcasting

The Automatic Pricing Committee for Petroleum Products, tasked with reviewing and setting selling prices for petroleum products, has met. In an effort to ensure the availability of petroleum products and regulate market performance in accordance with the established pricing mechanisms, and seeking to reduce the gap between the selling prices of petroleum products and their high production and import costs, the prices of gasoline and diesel have …

Egypt Independent

Al-Masry Media Corporation

Cairo

Cairo Governorate

Egypt

Egypt raises fuel prices for third time in 2024 - Egypt Independent

Egyptians have been grappling with soaring inflation as they navigate rising daily costs that reached another high over the summer including a previous 10% increase in fuel prices, a hike in subway fares and the local currency sliding against foreign currencies.

Africa News

European Broadcasting Union

Pointe-Noire

Kouilou

Republic of the Congo

CAIRO (AP) -- Egypt raised fuel prices Friday by between 10% and 17%, a move likely to impact the cost of both goods and services.

Winnipeg Sun

Leon Cooperman

Allianz

Fuel prices in Egypt increased by up to EGP 2 on Friday, 18 October, marking the third hike this year, according to a statement by the Ministry of Petroleum and Mineral Resources. The Fuel Automatic Pricing Committee (FAPC) announced that the price of 95-octane gasoline rose to EGP 17 (USD 0.35) per liter from EGP 15 (USD 0.31) , while 92-octane  increased to EGP 15.25 (USD 0.31) from EGP 13.75 (USD 0.28). The price of 80-octane gasoline went up…

Egypt increases fuel prices by 10% to 17%

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