Egypt Raises Gasoline 92 Price to EGP 5/Liter

Egypt Raises Gasoline 92 Price to EGP 5/Liter

  We’ve been hearing rumors for a while about an expected insane increase in fuel prices, but what we woke up to this morning is pretty painful. The Egyptian General Petroleum Corporation (EGPC) have given us yet another reason to carpool.   The fuel prices have raised from EGP 2.35 to 3.65/liter for gasoline 80, EGP 3.5 to […]

Are Fuel Prices Increasing Again in Egypt?

Are Fuel Prices Increasing Again in Egypt?

  Al Mezan News, an Egyptian online magazine that focuses on the economy, released an info-graph that shows the increase in gas prices that is expected to take place next month in Egypt. A huge buzz is expected to take place once the news is confirmed.   People are still questioning this piece of news as […]

Fuel Prices Go up by 10% in UAE

Fuel Prices Go up by 10% in UAE

  The cost of filling up your car with petrol is set to rise tomorrow for the first time in more than half a year, the UAE Ministry of Energy announced.   We’ve delved more into the subject to find out how much the prices have went up. Special 95 has been priced at Dhs1.67 – up […]

Why We Need the Price Hikes in Egypt

Why We Need the Price Hikes in Egypt

Amusingly surreal. These are probably the two words I can use to describe how events are unfolding nowadays. And, I gotta say, I’m liking it. A lot. What we’re seeing now is the beginning of another era of history in the making. Granted, the last few years have also been history in the making. Yet, […]

Why Removing the Da3m May Be the Perfect Move Forward

Why Removing the Da3m May Be the Perfect Move Forward

By Hussein Hesham

A simple explanation of why the recent price increases in Egypt’s natural resources is necessary.   The Facts: 1. Egypt’s economy is currently held together by foreign loans 2. There are four types of resources or Factors of Production: Raw Materials, Land, Labor and Capital. They teach you in Economics that to achieve growth you […]

You’ll Never Complain about Gas Prices in Egypt after Seeing the Rest of the World’s Prices

You’ll Never Complain about Gas Prices in Egypt after Seeing the Rest of the World’s Prices

As everyone in Egypt complains about the rising gas prices, we thought we’d help put things into perspective for our beloved population when it comes to international petrol costs. If you think we have it rough, here are some countries with lower gas prices (you could move to them) and the rest of the world […]