Electricity Prices to Rise in FY 2019/20

• Monday, 13th May 2019
• by Editorial Team

The Ministry of Electricity said that the electricity rates must increase in fiscal year (FY) 2019/20.

MPs Question Gas Price Increases

• Tuesday, 24th July 2018
• by Editorial Team

Members of parliament requested on June 22 to send a letter to Prime Minister Mostafa Madbouly and Minister of Petroleum Tarek El Molla asking them to explain the reasons behind the latest increase in natural gas ...

Fuel Subsidies: 92-Octane Consumption Decreases Following Cuts

• Tuesday, 26th June 2018
• by Editorial Team

Misr Petroleum's sales of 92-octane benzene has decreased since the government made further cuts to fuel subsidies in mid-June.

Egyptian Government to Hike Electricity Prices by 26%

• Wednesday, 13th June 2018
• by Editorial Team

Electricity prices will increase by an average of 26% on July 1 as subsidy cuts included in the 2018/19 fiscal budget are introduced.

Egypt Fuel Prices Could See 45% Increase

• Thursday, 12th April 2018
• by Sarah Samir

Egyptian fuel prices could increase by up to 45% during Q1 2018/19, according to a recent report by Beltone Financial Holding.

Fitch: Egypt’s Energy Price Increase Show Commitment

• Thursday, 13th July 2017
• by Editorial Team

Egypt's new budget and the decrease of electricity and fuel subsidies show that Egypt is committed to the fiscal consolidation as well as the economic reform, the rating agency Fitch Ratings stated.

Egypt to Reprice Electricity Following Increased Fuel Quota

• Tuesday, 7th February 2017
• by Dr. Mahinaz El-Baz

The Electricity Ministry is repricing electricity following the increase in fuel prices as a result of the EGP flotation.

Egypt Plans to Increase Electricity Tariffs

• Tuesday, 9th August 2016
• by Sarah Samir

The Egyptian Electricity and Renewable Energy Minister, Mohamed Shaker, announced that the government is to increase electricity tariffs for both residential and commercial consumption to counter balance the rise in ...