back Back to news
Economy Country 2026-04-01T23:17:12+00:00

Egypt's Ministry Denies Fuel Price Hike Rumors

Egypt's oil ministry has denied reports of a planned fuel price hike starting April 2, 2026, stating the rumors are false and urging citizens to rely only on official information.

Egypt's Ministry Denies Fuel Price Hike Rumors

Egypt's Ministry of Petroleum and Mineral Resources has denied reports of adjusting petroleum product prices starting tomorrow, Thursday, April 2, 2026. The ministry stated that these rumors are false. Fuel prices will remain unchanged. The ministry called on citizens to rely only on official sources for accurate information on pricing policies in the oil sector.

Latest news

See all news
Egypt Achieves 5.3% Economic Growth in Q2
2026-04-01T20:06:02+00:00

Egypt Achieves 5.3% Economic Growth in Q2

Egyptian Planning Minister Ahmed Rostam reported a significant growth in the country's economy in the second quarter of the fiscal year, reaching 5.3%, an improvement compared to the same period last year.
Economy Politics Country
Anan Holding Board Approves Capital Increase
2026-04-01T13:56:27+00:00

Anan Holding Board Approves Capital Increase

The Board of Directors of Anan Holding Company for Investment has approved a capital increase through a private subscription. This decision is part of a strategy to expand operations and enhance investment potential. The capital increase will finance new projects and strengthen market position.
Economy Country
Egypt Launches New Gas Well to Support Local Market
2026-03-31T15:08:08+00:00

Egypt Launches New Gas Well to Support Local Market

Egypt's Cabinet announced the start of gas production at the new Fayoum-4 field, which will boost local supplies and reduce import costs. The project is implemented in cooperation with international companies.
Economy Politics Country
Egypt and Cyprus Sign Gas Cooperation Agreement
2026-03-31T02:04:34+00:00

Egypt and Cyprus Sign Gas Cooperation Agreement

Egypt and Cyprus have reached a significant energy agreement by signing a framework document for joint cooperation in the gas sector. This step opens new prospects for the region and strengthens bilateral relations.
Economy Politics Country