{"id":646587,"date":"2017-06-19T03:58:17","date_gmt":"2017-06-19T03:58:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/on-the-horizon-207\/"},"modified":"2017-06-19T03:58:17","modified_gmt":"2017-06-19T03:58:17","slug":"on-the-horizon-207","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/on-the-horizon-207\/","title":{"rendered":"On the horizon"},"content":{"rendered":"<p><strong>Look for news soon on petrol price hikes: <\/strong>The Supreme Energy Council will be deciding the rate of fuel price hikes during its next meeting, an unnamed government official <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=18062017&id=63464ed6-e6e1-4ba3-a4ad-bdd849e61537\">tells Al Shorouk<\/a>, without specifying when. Sources had <a href=\"http:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=2f7cbf794e&e=c276a2f3e8\">said last week<\/a> that the government was planning to raise the price of 92 octane petrol to EGP 4.50 per liter (an EGP 1.00 hike) starting July. Some in government and parliament have been pushing to postpone the hike until political tension \u2014 primarily over the Tiran and Sanafir agreement \u2014 eases and to avoid coinciding with the increase in electricity prices starting July, the newspaper reports. Delayed or not, the official says, <strong>the price hikes are coming and have already been factored into the state budget<\/strong> for the new fiscal year. <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1150331\">AMAY<\/a> cites sources in government as saying that the authorities have not yet agreed on a timeline for the price hike.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Look for news soon on petrol price hikes: The Supreme Energy Council will be deciding the rate of fuel price hikes during its next meeting, an unnamed government official tells Al Shorouk, without specifying when. Sources had said last week that the government was planning to raise the price of 92 octane petrol to EGP [&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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646587","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"c76ad6e2-8eaa-460b-9dc7-c28f07039321","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646582],"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>On the horizon - 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\/06\/19\/on-the-horizon-207\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"Look for news soon on petrol price hikes: The Supreme Energy Council will be deciding the rate of fuel price hikes during its next meeting, an unnamed government official tells Al Shorouk, without specifying when. 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With a projected energy subsidy bill next year of around EGP 140 bn \u2014 of which EGP 110 bn are earmarked for petroleum products and EGP 30 bn for electricity \u2014 the government\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":617521,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/24\/egypt-hikes-car-fuel-prices-by-by-8-21\/","url_meta":{"origin":646587,"position":2},"title":"Egypt hikes car fuel prices by by 8-21%","author":"enterpriseam admin","date":"24 March 2024","format":false,"excerpt":"Diesel car drivers saw the biggest increase, with a 21.2% hike to EGP 10 per liter","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2051.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":644044,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/19\/govt-hikes-subsidized-butane-prices-by-up-to-50\/","url_meta":{"origin":646587,"position":3},"title":"Gov\u2019t hikes subsidized butane prices by up to 50%","author":"enterpriseam admin","date":"19 September 2024","format":false,"excerpt":"The price hikes are expected to save the state over EGP 27 bn in annual expenditures","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1513.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646697,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/efg-hermes-thinks-fuel-price-hikes-will-come-later-in-4q17\/","url_meta":{"origin":646587,"position":4},"title":"EFG Hermes thinks fuel price hikes will come later in 4Q17","author":"enterpriseam admin","date":"21 June 2017","format":false,"excerpt":"EFG Hermes research boss thinks fuel price hikes will come later in 4Q17: The government might very well delay fuel price hikes slated for July until 4Q2017 to allow the market the chance to adjust to its basket of economic reform measures, EFG Hermes Research chief Ahmed Shams El Din\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":621790,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/03\/sugar-price-hikes-next\/","url_meta":{"origin":646587,"position":5},"title":"Sugar price hikes next?","author":"enterpriseam admin","date":"3 June 2024","format":false,"excerpt":"The state currently spends more than EGP 23 in subsidies on every kilo of subsidized sugar","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646587","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=646587"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646587\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646582"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646587"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646587"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}