Egypt will reduce jet fuel prices by 15 cents per gallon from January 21 until the end of 2021 to support the tourism and aviation sectors, which are facing COVID-19 pandemic challenges.
This was announced during the fourth meeting between Tarek El Molla, the Minister of Petroleum and Mineral Resources, Khaled Al-Anani, the Minister of Tourism and Antiquities, and Mohamed Manar, the Minister of Civil Aviation to discuss ways to boost the tourism and aviation sectors.
For his part, Al-Anani praised this initiative, which will boost tourism in Egypt by motivating international companies to increase their flights, especially since aviation is one of the main activities that have a direct impact on the tourism sector. Additionally, Manar praised the petroleum sector’s effort and support in providing fuel to all Egypt’s airports.
The meeting was also attended by Abed Ezz El Regal, the CEO of the Egyptian General Petroleum Corporation (EGPC), Montaser Manna, the Deputy the Minister of Civil Aviation, and Yomna El Nagar, the Assistant of the Minister of Tourism and Antiquities.