Latest news with #PetroleumProductsPricingCommittee
See - Sada Elbalad
11-04-2025
- Business
- See - Sada Elbalad
After Fuel Hike ... Egypt Raises Public Transportation Fairs
Taarek Refaat 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. Ibrahim Saber, Governor of Cairo, confirmed that the new fares took into account the distance of each route and the number of trips to ensure fairness. Coordination was also undertaken with neighboring governorates connected by routes to ensure uniform fares on both sides, preventing the exploitation of citizens. The Governor of Cairo indicated that the interests of citizens and drivers were taken into account in the new fares. The increase was 10% on most routes, and did not exceed 15% on long routes, while the public bus fare strats from 10 Egyptian pounds. He confirmed that banners and posters displaying the new fares were clearly visible at the entrances to all bus stops. Saber directed district heads, in coordination with the Service and Parking Departments, and the General Traffic Department, to intensify inspection campaigns to ensure all drivers adhere to the new fares and routes. They should also ensure that the new price sticker for service and public transport vehicles, including the route and fare, is displayed on the front and rear windows, in accordance with the increases. The Cairo Governor also urged the Supply Directorate to intensify inspection campaigns at gas stations to counter any attempts to monopolize petroleum products or exploit citizens in any way. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Arts & Culture Arwa Gouda Gets Married (Photos)
Al-Ahram Weekly
11-04-2025
- Business
- Al-Ahram Weekly
Egypt raises public transport fares after fuel hike but maintains bread prices - Society
Cairo Governorate announced a 10 percent increase in public and group transport fares across Greater Cairo, while the Ministry of Supply announced keeping subsidized bread prices at their present rate. The announcements follow the Petroleum Products Pricing Committee's decision to raise gasoline and diesel prices starting Friday. The governorate increased fares on average by approximately 10 percent for most routes, with fares rising to 15 percent for longer routes. Tickets for buses operating on Public Transport Authority lines will be EGP 10 for standard and EGP 20 for air-conditioned buses. Meanwhile, group transport companies operating on other lines have raised the price of tickets for standard minibuses to EGP 16 and EGP 19 for air-conditioned minibuses. Cairo Governor Ibrahim Saber stated that the new fares consider the length and number of trips on each route to ensure fairness. He also noted that the Cairo governorate coordinated with neighbouring governorates with shared routes to standardize pricing and prevent commuter exploitation. Furthermore, Saber emphasized that the updated fares balance the interests of passengers and drivers, adding that banners and stickers displaying the new fare prices have been prominently placed at the entrances of all transport terminals to ensure transparency for passengers. Similarly, other governorates announced similar fare increases in public and group transport. Meanwhile, Minister of Supply and Internal Trade Sherif Farouk affirmed that the price of subsidized Baladi bread remains fixed at 20 piastres per loaf for ration card holders. He noted that the ministry carefully considers all cost components and subsidized bread production inputs, including updated diesel prices. On Thursday, the Ministry of Petroleum and Mineral Resources raised the prices of all types of gasoline, diesel, industrial mazut, gas for brick factories, and butane by 11.7 to 33 percent, effective Friday, 11 April. Follow us on: Facebook Instagram Whatsapp Short link:
