{"id":644701,"date":"2017-07-02T05:28:35","date_gmt":"2017-07-02T05:28:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/"},"modified":"2017-07-02T05:28:35","modified_gmt":"2017-07-02T05:28:35","slug":"fuel-price-hikes-steal-the-spotlight-on-the-airwaves","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/","title":{"rendered":"Fuel price hikes steal the spotlight on the airwaves"},"content":{"rendered":"<p>The Ismail government\u2019s decision to hike fuel and energy prices last week ahead of the new fiscal year dominated the airwaves last night.<\/p>\n<p>On Hona Al Asema,<strong>Lamees Al Hadidi hosted none other than Petroleum Minister Tarek El Molla<\/strong>, who noted among other things that the phase-out of energy subsidies will make it easier for the Egyptian General Petroleum Corporation (EGPC) repay arrears to international oil companies (<a href=\"https:\/\/www.youtube.com\/watch?v=03sQkPiM2wQ\">watch<\/a>, runtime 4:07). The measure will also help curb Egypt\u2019s consumption of fuel, which has been growing 7-9% per year \u2014 a much higher rate than the rest of the world, (<a href=\"https:\/\/www.youtube.com\/channel\/UCjdYS6IvM4emSgrY3XMcjTw\/videos\">watch<\/a>, runtime 23:30).<\/p>\n<p><strong>El Molla also defended a 100% rise in the price of butane gas cylinders,<\/strong> which he said still cost the state c. EGP 115 a piece and which are still heavily subsidized at the new price of EGP 60 a piece (<a href=\"https:\/\/www.youtube.com\/watch?v=2f4_AqzX-UA\">watch<\/a>, runtime 2:56).<\/p>\n<p><strong>Vice Minister of Finance Ahmed Kouchouk also defended the hikes, <\/strong>arguing that recent measures to strengthen the social safety net, income tax cuts, and development projects are meant to alleviate some of the pressure on lower and middle classes (<a href=\"https:\/\/www.youtube.com\/watch?v=OXhLpxEDuBA\">watch<\/a>, runtime: 14:03). That won\u2019t stop commodity prices from going up though, Domty Vice Chairman <strong>Mohamed El Damaty<\/strong> told Lamees, especially for goods that rely heavily on transport (<a href=\"https:\/\/www.youtube.com\/watch?v=mmngdqPEXC8\">watch<\/a>, runtime 3:07). Fares on public transport will rise anywhere from EGP 0.25 to EGP 0.50, a transport official told the host (<a href=\"https:\/\/www.youtube.com\/watch?v=rA1jNEXBvmA\">watch<\/a>, runtime 6:17).<\/p>\n<p><strong>Naguib Sawiris praised the decision<\/strong>, calling it a \u201cbold move\u201d by the government (<a href=\"https:\/\/www.youtube.com\/watch?v=iGUF9DFj5B4\">watch<\/a>, runtime 5:28).<\/p>\n<p>Over on Kol Youm, <strong>Amr Adib spoke to Supply Minister Ali El Moselhy,<\/strong> who said the government would ensure that the fuel price hikes would have no impact on the cost of bread or other subsidized food staples. El Moselhy will be meeting with business groups on Monday to remind them that the authorities will be monitoring transport costs, warning against unfair increases (<a href=\"https:\/\/www.youtube.com\/watch?v=69tQncygcoY\">watch<\/a>, runtime 15:17).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ismail government\u2019s decision to hike fuel and energy prices last week ahead of the new fiscal year dominated the airwaves last night. On Hona Al Asema,Lamees Al Hadidi hosted none other than Petroleum Minister Tarek El Molla, who noted among other things that the phase-out of energy subsidies will make it easier for the [&hellip;]<\/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-644701","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":"50de64b8-b85e-43a3-b9af-5a64989073a4","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[644695],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fuel price hikes steal the spotlight on the airwaves - 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\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fuel price hikes steal the spotlight on the airwaves\" \/>\n<meta property=\"og:description\" content=\"The Ismail government\u2019s decision to hike fuel and energy prices last week ahead of the new fiscal year dominated the airwaves last night. On Hona Al Asema,Lamees Al Hadidi hosted none other than Petroleum Minister Tarek El Molla, who noted among other things that the phase-out of energy subsidies will make it easier for the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-02T05:28:35+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fuel price hikes steal the spotlight on the airwaves\",\"datePublished\":\"2017-07-02T05:28:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/\"},\"wordCount\":317,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Enterprise+: Last Night\u2019s Talk Shows\",\"EnterpriseAM\"],\"articleSection\":[\"Enterprise+: Last Night\u2019s Talk Shows\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/fuel-price-hikes-steal-the-spotlight-on-the-airwaves\/\",\"name\":\"Fuel price hikes steal the spotlight on the airwaves - 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Al Hadidi spoke with Petroleum Minister Tarek El\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":647469,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/economics-dominate-the-airwaves-efgs-abou-basha-meets-lamees-el-molla-on-bps-start-of-operations-in-its-west-nile-delta-concessions\/","url_meta":{"origin":644701,"position":1},"title":"Economics dominate the airwaves: EFG\u2019s Abou Basha meets Lamees, El Molla on BP\u2019s start of operations in its West Nile Delta concessions","author":"enterpriseam admin","date":"11 May 2017","format":false,"excerpt":"There was enough business and economics on the airwaves last night to keep us from falling asleep. Lamees El Hadidi spoke to EFG Hermes\u2019 Mohamed Abou Basha about the month-on-month slowdown in inflation, which he said was the result of the market adjusting to the effects of recent economic reform\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":637400,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/talking-heads-remain-concerned-about-the-fate-of-gerd\/","url_meta":{"origin":644701,"position":2},"title":"Talking heads remain concerned about the fate of GERD","author":"enterpriseam admin","date":"15 November 2017","format":false,"excerpt":"The airwaves served up an array of topics last night, including concerns over the Grand Ethiopian Renaissance Dam (GERD) talks and Egypt\u2019s fuel subsidy bill.The government is sticking to its plans to completely lift fuel subsidies within 4-5 years, but subsidies will remain at their current levels for the remainder\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":569062,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/egypt-petroleum-show-tops-coverage-on-last-nights-talk-shows\/","url_meta":{"origin":644701,"position":3},"title":"Egypt Petroleum Show tops coverage on last night\u2019s talk shows","author":"enterpriseam admin","date":"12 February 2020","format":false,"excerpt":"The Egypt Petroleum Show (EGYPS) was the topic du jour on the airwaves last night. The three-day event has already seen the Egyptian General Petroleum Corporation (EGPC) sign an agreement with US-based construction firm Bechtel to establish a USD 6.7 bn petroleum refinery, which we recap in full in this\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":600709,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/egypts-ties-with-africa-reign-supreme-on-the-airwaves\/","url_meta":{"origin":644701,"position":4},"title":"Egypt\u2019s ties with Africa reign supreme on the airwaves","author":"enterpriseam admin","date":"7 February 2019","format":false,"excerpt":"As Egypt gears up to assume its presidency of the African Union on Sunday, our role in the organization and ties with Africa were in the spotlight on last night\u2019s talk shows. There has been a sea-change in Egypt\u2019s relationship with the rest of the continent since Egypt\u2019s membership in\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":602563,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/el-sisis-minimum-wage-increase-continues-to-dominate-the-airwaves\/","url_meta":{"origin":644701,"position":5},"title":"El Sisi\u2019s minimum wage increase continues to dominate the airwaves","author":"enterpriseam admin","date":"1 April 2019","format":false,"excerpt":"President Abdel Fattah El Sisi\u2019s weekend decision to increase the minimum wage to EGP 2,000 for state employees still dominates the airwaves. Al Hayah Al Youm\u2019s Khaled Abou Bakr pointed out that only a \u201crelatively financially healthy\u201d government would agree to bear an added EGP 60 bn (c. 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