Latest in Highlight
Ahead of massive opposition protests, streets in Cairo and elsewhere have cleared, offering a significant improvement in petrol station queues
The same day in Menufiya, a policeman was injured after residents blocked the Cairo-Alexandria road, in protest against the failure to secure fuel quotas which were promised by the governor.
Egypt’s government fails to solve diesel shortages amid active bootleg markets
Minister of Electricity and Energy Ahmed Emam says electricity crisis was ameliorated by renewed fuel supplies
The Ministry of Electricity and Energy says the government is working on remedying the current power crisis, but dependence on fuel imports to meet domestic demands will strain state budget
Recent statements made by the petroleum minister regarding the fuel subsidies programme have caused intense controversy within Prime Minister Hesham Qandil’s government.
There has been a shift in Middle Eastern refineries to produce cleaner fuel as they are looking to target export markets.
Regulatory oversight of Cairo bakeries and bread vendors tightened to ensure necessary amounts of bread available over holiday
Liners from US, Brazil, Australia, Romania and Ukraine arrive in port city carrying 227,000 tonnes of wheat
System in place to help bakeries cope with fuel crisis
Egyptian Central Bank denies reports of commodity shortages, requests media to be cautious when discussing economic issues
By Sherif Elhelwa Egypt’s political and civil unrest is combining with economic decline to threaten the country’s future. President Mohamed Morsi’s decision to remove government subsidies from some forms of energy and to establish ration cards for gasoline has sparked popular anger. Dozens of Egyptians were injured when thousands of supporters and opponents of Morsi’s …
By Farah Halime The people at Cairo-based brokerage firm Pharos Holding have sent investors a thorough breakdown of the reasons behind Egypt’s diesel crisis. Titled “Diesel Crisis: Unquoted Figures and Untold Stories. The Secret behind Diesel Shortages in Egypt”, the document sheds light on the country’s fuel crisis. Pharos Research sourced diesel import data from the main government …
Import approvals for meat, milk and poultry will last until the month of Ramadan, said the Cabinet
Microbus drivers still striking, taxis return to work
Ericsson will be responsible for overseeing the maintenance and repair of all Vodafone and Etisalat facilities, including ensuring an adequate supply of diesel
Security forces delayed due to a protest on diesel prices which paralysed the streets
As the diesel crisis worsens, Mahalla drivers respond by blocking the city’s main roads
Amr Shetta, from Orascom Hotels and Development, said that ‘it is not the Central Bank’s role’ to help the sector, which is a matter of ‘government concern’
Daily information briefs from all the governorate’s fuelling stations will be publically posted online
Though it is not the first time a gas or diesel shortage has plagued Cairo and several other governorates, the recent crisis in Egypt has left the capital city paralysed due to a major strike organised by microbus drivers. It seems these strikes by transport drivers are much larger than they have been in the past. Daily News Egypt investigates the mounting diesel fuel problems in the country, looking at how they are affecting ordinary citizens and what the government is doing in response.
Ministry of Petroleum takes measures to combat smuggling
The government will raise natural gas, fuel oil, and diesel prices
Ministry of Petroleum tries to solve diesel shortage in Egypt
EGPC is seeking to buy 968 thousand tonnes of diesel to be delivered between April and June
Petroleum, electricity and finance ministries to hold discussions about price raise
Fears of supply shortages arise as Petroleum minister decides to channel more diesel to power stations