{"id":650548,"date":"2017-03-27T04:11:16","date_gmt":"2017-03-27T04:11:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/"},"modified":"2017-03-27T04:11:16","modified_gmt":"2017-03-27T04:11:16","slug":"public-transport-authority-to-hike-bus-fares","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/","title":{"rendered":"Public Transport Authority to hike bus fares?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Public Transport Authority to hike bus fares?<\/strong> Apparently emboldened by the decision to raise metro ticket prices, the cash-strapped, debt-laden Public Transport Authority is reportedly studying raising bus fares 15-20% to cover its widening budget shortfall, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=327587\">Al Mal<\/a> reports. The final decision is Cabinet\u2019s to make. In a clear attempt to spin the issue, the newspaper\u2019s source says the fare hike is \u201cunlikely\u201d to meet the same uproar the recent rise in Metro fares as the increase in bus ticket prices will be implemented gradually.<\/p>\n<p><strong>MPs continued criticizing Transport Minister Hisham Arafat<\/strong> yesterday for the decision to <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/26\/metro-ticket-fares-hiked-by-100-to-egp-2-effective-friday\/\">double metro ticket prices to EGP 2 from EGP 1<\/a> without waiting for parliamentary approval, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1107780\">Al Masry Al Youm<\/a> reports. Members of the House Transport Committee accused Arafat of \u201cdeceiving\u201d them and \u201cmaking them seem worthless\u201d in the eyes of their constituents. One MP placed the blame on parliamentary speaker Ali Abdel Aal, saying he is responsible for \u201cbeing lax\u201d with the government, and threatened to resign if the situation remains unchanged. In the midst of all the grumbling, Cairo Metro spokesperson Ahmed Abdel Hady announced that <strong>the company\u2019s<\/strong> <strong>monthly revenues are now expected to reach EGP 90 mn, up from EGP 50 mn,<\/strong> <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/26\/1000425\">Al Borsa<\/a> reports. Abdel Hady said revenues won\u2019t double because ticket prices for the elderly and people with disabilities were left unchanged. That leaves the company with excess cash of about EGP 15 mn a month to service its debt, he suggested.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Public Transport Authority to hike bus fares? Apparently emboldened by the decision to raise metro ticket prices, the cash-strapped, debt-laden Public Transport Authority is reportedly studying raising bus fares 15-20% to cover its widening budget shortfall, Al Mal reports. The final decision is Cabinet\u2019s to make. In a clear attempt to spin the issue, 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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650548","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3356f5e9-bb80-4f1c-a7e5-4899cf500839","order":"0","is_powered_by":true,"section_story_id":"e8c5f368-591f-466b-885a-021220601f1e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650529],"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>Public Transport Authority to hike bus fares? - 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\/03\/27\/public-transport-authority-to-hike-bus-fares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Public Transport Authority to hike bus fares?\" \/>\n<meta property=\"og:description\" content=\"Public Transport Authority to hike bus fares? Apparently emboldened by the decision to raise metro ticket prices, the cash-strapped, debt-laden Public Transport Authority is reportedly studying raising bus fares 15-20% to cover its widening budget shortfall, Al Mal reports. The final decision is Cabinet\u2019s to make. In a clear attempt to spin the issue, the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-27T04:11:16+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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Public Transport Authority to hike bus fares?\",\"datePublished\":\"2017-03-27T04:11:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/\"},\"wordCount\":249,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/\",\"name\":\"Public Transport Authority to hike bus fares? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-27T04:11:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Public Transport Authority to hike bus fares?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Public Transport Authority to hike bus fares? - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/public-transport-authority-to-hike-bus-fares\/","og_locale":"en_US","og_type":"article","og_title":"Public Transport Authority to hike bus fares?","og_description":"Public Transport Authority to hike bus fares? Apparently emboldened by the decision to raise metro ticket prices, the cash-strapped, debt-laden Public Transport Authority is reportedly studying raising bus fares 15-20% to cover its widening budget shortfall, Al Mal reports. The final decision is Cabinet\u2019s to make. 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Transport Minister Hisham Arafat made the announcement on Thursday. Fares for the elderly and people with disabilities were unchanged, but students will pay 50% more and government employees will see their fares rise 100%. Cairo Metro Authority loses EGP 200\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":547888,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/subsidized-bakeries-wont-be-affected-by-recent-diesel-price-hike\/","url_meta":{"origin":650548,"position":1},"title":"Subsidized bakeries won\u2019t be affected by recent diesel price hike","author":"enterpriseam admin","date":"18 July 2022","format":false,"excerpt":"Subsidized bakeries won\u2019t be affected by the recent diesel price hike: The General Authority for Supply Commodities (GASC) will subsidize the difference in the cost of diesel for subsidized bakeries following the recent price hike, Supply Minister Ali El Moselhy said in a statement. The price of subsidized loaves of\u2026","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\/2022\/7\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627944,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/19\/government-hikes-fuel-prices-by-c-50\/","url_meta":{"origin":650548,"position":2},"title":"Government hikes fuel prices by c. 50%","author":"enterpriseam admin","date":"19 June 2018","format":false,"excerpt":"Fuel price hikes came into effect over the long weekend: The government raised the price of fuel products by c. 50%, according to a detailed price list put out by the Oil Ministry. 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