{"id":4109,"date":"2026-10-05T10:14:08","date_gmt":"2026-10-05T07:14:08","guid":{"rendered":"https:\/\/dailybusiness.info\/?p=4109"},"modified":"2026-10-05T10:14:08","modified_gmt":"2026-10-05T07:14:08","slug":"egypts-fuel-prices-may-increase-by-10-15-official","status":"publish","type":"post","link":"https:\/\/dailybusiness.info\/?p=4109","title":{"rendered":"Egypt\u2019s fuel prices may increase by 10-15%: Official"},"content":{"rendered":"
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\t\t\t\t\t\t\t Fuel station- Reuters \t\t\t\t\t\t<\/figcaption><\/figure>\n<\/div>\n
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The Head of <\/span>t<\/span>he General Division for Petroleum Products at the Federation of Egyptian Chambers of Commerce (FEDCOC)<\/span>, Hassan Nasr, <\/span>predicted a 10<\/span>\u201315<\/span> percent<\/span> increase in gasoline and diesel prices in the coming period.<\/span><\/p>\n

During a <\/span>phone<\/span>-i<\/span>n <\/span>with <\/span>\u201cHadith al-Qahira\u201d (Cairo Talk) on the \u201cal-Qahira wal Nas\u201d (Cairo and the People) channel<\/span>, <\/span>Nasr <\/span>said<\/span> that a price hike is inevitable, noting that the fuel pricing committee<\/a> is scheduled to meet this October to review fuel rates.<\/span><\/p>\n

When asked about the possibility of prices remaining unchanged, he replied, \u201cNo, the increase is definitely coming,\u201d pointing out that rising fuel prices are to be expected given the fluctuations in global energy markets.<\/a><\/span><\/p>\n

D<\/span>iscussions regarding a hike in gasoline and diesel prices have been ongoing for about two months, he explained, coinciding with a roughly 50<\/span> percent<\/span> rise in global oil prices<\/a> compared to the previous period, a shift that will rapidly impact Egypt.<\/span><\/p>\n

The division head noted that the state bears a heavy financial burden due to fuel subsidies, emphasizing the substantial cost involved, while also taking citizens\u2019 socioeconomic circumstances into account when making decisions to adjust fuel prices.<\/span><\/p>\n

He also noted that maintaining current price levels would place a heavier burden on the state due to continued subsidies on petroleum products.<\/span><\/p>\n<\/p><\/div>\n<\/p><\/div>\n

\t\t\t<\/span> \t\t\tBack to top button<\/span> \t\t<\/a> \t \t\t<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fuel station- Reuters The Head of the General Division for Petroleum Products at the Federation of Egyptian Chambers of Commerce (FEDCOC), Hassan Nasr, predicted a 10\u201315 percent increase in gasoline and diesel prices in the coming period. During a phone-in with \u201cHadith al-Qahira\u201d (Cairo Talk) on the \u201cal-Qahira wal Nas\u201d (Cairo and the People) channel, […]<\/p>\n","protected":false},"author":20,"featured_media":4110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4109","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"\nEgypt\u2019s fuel prices may increase by 10-15%: Official - daily business egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailybusiness.info\/?p=4109\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s fuel prices may increase by 10-15%: Official\" \/>\n<meta property=\"og:description\" content=\"Fuel station- Reuters The Head of the General Division for Petroleum Products at the Federation of Egyptian Chambers of Commerce (FEDCOC), Hassan Nasr, predicted a 10\u201315 percent increase in gasoline and diesel prices in the coming period. 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