The state budget for the current fiscal year allocated LE52.9 billion in subsidies for petroproducts, a 40 percent decrease from the previous fiscal year
The price of liquified petroleum gas cylinders has increased sevenfold since 2014
Hedging could allow Egypt to continue austerity measures without leaving the local market vulnerable
How are Cairenes being affected by the recent hike in fuel prices?
The government raised fuel prices on Friday, increasing the cost of gasoline and diesel by LE2 per liter and natural gas for…
The Egyptian government plans to cut spending on fuel subsidies by more than 51 percent, a Cabinet statement on the draft budget…
The state hiked energy prices again in 2024, with increases continuing gradually until end of 2025.
Despite staggering price increases in recent months captured by historic inflation rates in February, the Fuel Automatic Pricing Committee announced early this…
The state is cutting back on energy subsidies in line with conditions set by the IMF's recent loan.
The price of a 12.5-kilo gas cylinder for domestic use has risen nearly tenfold in eight years
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