{"id":634192,"date":"2018-01-09T04:09:37","date_gmt":"2018-01-09T04:09:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/expected-hikes-in-railway-ticket-prices-and-egypts-water-resource-management-top-talking-heads-agendas\/"},"modified":"2018-01-09T04:09:37","modified_gmt":"2018-01-09T04:09:37","slug":"expected-hikes-in-railway-ticket-prices-and-egypts-water-resource-management-top-talking-heads-agendas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/expected-hikes-in-railway-ticket-prices-and-egypts-water-resource-management-top-talking-heads-agendas\/","title":{"rendered":"Expected hikes in railway ticket prices and Egypt\u2019s water resource management top talking heads\u2019 agendas"},"content":{"rendered":"

The expected hike in railway ticket prices<\/strong> led the conversation on the airwaves last night.<\/p>\n

Masaa DMC\u2019s El Hosary also spoke to Transport Minister Hisham Arafat, who said that holding off until 2019 to raise railway ticket prices is not feasible<\/strong>. The price hikes are crucial to fund maintenance works worth EGP 55 mn and renovations to improve the quality of service, Arafat said. The minister also said that it\u2019s important to take advantage of the overall push for reform to reverse the effects of corruption on the national rail system, which has been accumulating debt over the past several decades (watch, runtime: 8:44<\/a>).<\/p>\n

Arafat further skirted the issue of timing on the hikes on Hona Al Asema, telling host Lamees Al Hadidi that the ministry has yet to decide when the ticket prices will be hiked, but it will be \u201csoon.\u201d <\/strong>The railway sector currently has a budget deficit of around EGP 2 bn, and there are currently studies underway to determine how much ticket prices must be hiked to bridge the financing gap (watch, runtime: 10:00<\/a>). Arafat elaborated on the pricing further in statements earlier in the day which we cover in the Speed Round.<\/p>\n

Trade and Industry Minister Tarek Kabil phoned in to state that the total value of Egypt\u2019s exports in 2017 rose to EGP 22 bn, a 12% y-o-y increase<\/strong>, while imports declined by around 30% y-o-y. Kabil also told Lamees that the industrial sector is steadily growing, and currently accounts for 18% of Egypt\u2019s GDP. To support that growth, the government has allocated large land plots for industrial companies, and is working with the Armed Forces\u2019 Engineering Authority to design and construct 13 industrial complexes in 12 governorates (watch, runtime: 9:29<\/a>).<\/p>\n

Lamees also sat down with Saudi businessman Hussein Shobokshi, who had a glowing forecast for Egypt\u2019s economic growth in 2018<\/strong>. The improvement of business conditions has boosted investors\u2019 confidence in the Egyptian market, which has significant potential to become a hub for manufacturing and exporting products to the MENA region and Africa (watch, runtime: 12:27<\/a>).<\/p>\n

Shobokshi discussed with Lamees the economic reforms Saudi Arabia is currently undertaking<\/strong>, noting that this is part of the government\u2019s preparation for the post-oil era to ensure that the country\u2019s economic resources remain intact. He also said that the kingdom and other Gulf countries are moving towards increased reliance on sustainable and renewable energy sources (watch, runtime: 19:48<\/a>).<\/p>\n

Kol Youm\u2019s Amr Adib took note of several national projects inaugurated by President Abdel Fattah El Sisi<\/strong> in 10 Ramadan City yesterday. Adib said that the government is exerting significant effort into its projects, most notably the laundry list of social housing projects presented by Housing Minister Moustafa Madbouli, but citizens don\u2019t seem to feel the effect of these projects (watch, runtime: 4:10<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

The expected hike in railway ticket prices led the conversation on the airwaves last night. Masaa DMC\u2019s El Hosary also spoke to Transport Minister Hisham Arafat, who said that holding off until 2019 to raise railway ticket prices is not feasible. The price hikes are crucial to fund maintenance works worth EGP 55 mn and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9281],"tags":[2379,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634192","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d5a712eb-df40-49cb-9216-40ae303ebe01","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[634186],"teaser":"","voice_url":""},"yoast_head":"\nExpected hikes in railway ticket prices and Egypt\u2019s water resource management top talking heads\u2019 agendas - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/expected-hikes-in-railway-ticket-prices-and-egypts-water-resource-management-top-talking-heads-agendas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expected hikes in railway ticket prices and Egypt\u2019s water resource management top talking heads\u2019 agendas\" \/>\n<meta property=\"og:description\" content=\"The expected hike in railway ticket prices led the conversation on the airwaves last night. 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The short-distance train routes are the biggest drain of resources at Egyptian National Railways, Arafat said, explaining that the price hikes will help support upgrades and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634291,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/railway-metro-ticket-price-increases\/","url_meta":{"origin":634192,"position":1},"title":"Railway, metro ticket price increases","author":"enterpriseam admin","date":"11 January 2018","format":false,"excerpt":"Despite Hona Al Assema\u2019s Lamees Al Hadidi being off last night, the airwaves had plenty on offer to keep us busy, including some new economic metrics and more on subsidy reform from Finance Minister Amr El Garhy.The government is committed to pursuing further economic reforms, but has no immediate plans\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628728,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/metro-ticket-price-hike-permeates-the-airwaves\/","url_meta":{"origin":634192,"position":2},"title":"Metro ticket price hike permeates the airwaves","author":"enterpriseam admin","date":"13 May 2018","format":false,"excerpt":"The threefold increase in metro ticket prices over the weekend blanketed the airwaves as Transport Ministry officials made the rounds of last night\u2019s talk shows to justify the move. We have the full story in Speed Round, below.Transportation Minister Hisham Arafat declared that there is no going back on the\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634590,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/nra-to-hike-railway-ticket-prices-by-15-150\/","url_meta":{"origin":634192,"position":3},"title":"NRA to hike railway ticket prices by 15-150%","author":"enterpriseam admin","date":"18 January 2018","format":false,"excerpt":"Egyptian National Railways is planning to hike ticket 15-150% depending on the type of train and the distance traveled, ENR sources tell Al Shorouk. Transport Minister Hisham Arafat had said last week that ticket prices would rise 20-25%. ENR has finalized drafting a pricing scheme and sent it to Arafat\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635924,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/railway-tickets-will-increase-by-end-of-june-2018-says-arafat\/","url_meta":{"origin":634192,"position":4},"title":"Railway tickets will increase by end of June 2018, says Arafat","author":"enterpriseam admin","date":"17 December 2017","format":false,"excerpt":"Railway ticket prices will rise by the end of June 2018, Transport Minister Hisham Arafat announced yesterday, Al Mal reports. The minister did not provide further details on the expected increase. Arafat had previously announced tickets would increase by 4Q2018.","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634307,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/railway-ticket-price-hikes-to-be-implemented-over-several-phases\/","url_meta":{"origin":634192,"position":5},"title":"Railway ticket price hikes to be implemented over several phases","author":"enterpriseam admin","date":"11 January 2018","format":false,"excerpt":"Railway ticket prices to rise in multiple jumps: The planned increase in railway ticket prices will be implemented in multiple phases, Assistant Transport Minister Amr Shaat tells Al Shorouk. The first price hike will be announced once the ministry completes its study on the issue with the Administrative Control Authority\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=634192"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634192\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634186"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634192"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634192"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}