{"id":672540,"date":"2025-09-25T00:00:00","date_gmt":"2025-09-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/25\/govt-to-keep-diesel-prices-steady-amid-upcoming-fuel-hike\/"},"modified":"2025-09-25T00:00:00","modified_gmt":"2025-09-25T00:00:00","slug":"govt-to-keep-diesel-prices-steady-amid-upcoming-fuel-hike","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/25\/govt-to-keep-diesel-prices-steady-amid-upcoming-fuel-hike\/","title":{"rendered":"Gov\u2019t to keep diesel prices steady amid upcoming fuel hike"},"content":{"rendered":"

Good afternoon, friends<\/strong>, and congratulations on making it to the end of what has been a packed workweek. Here\u2019s hoping this weekend\u2019s cooler weather ushers in a calmer week.<\/p>\n

\n

THE BIG STORY TODAY-<\/p>\n

The Madbouly government plans to keep diesel prices unchanged in the upcoming fuel price hike to contain inflation<\/strong>, a government source told EnterpriseAM. <\/p>\n

Holding diesel prices is a key step of the government\u2019s strategy to contain inflation and pave the way for further interest rate cuts. The fuel price hike is expected within days, and other oil products will be priced higher to contain the diesel price subsidies, we were told.<\/p>\n

What\u2019s next: <\/strong>The automatic pricing committee will convene every three months after cost recovery \u2014 given global oil prices, consumption levels, and the exchange rate remain steady \u2014 to decide whether to keep prices unchanged, raise them by up to 10%, or cut them in line with international markets.<\/p>\n

The last one? <\/strong>Prime Minister Moustafa Madbouly confirmed<\/a> earlier this month that the government has a clear reform plan for fuel prices and signaled that the next scheduled increase, likely in October, could be the last major hike if global prices remain stable.<\/p>\n

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<\/a> <\/p>\n

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THE BIG STORY ABROAD-<\/p>\n

It\u2019s<\/strong> a relatively calmer afternoon in the global press, with no single story <\/strong>leading the news.<\/strong> Among the stories getting plenty of ink:<\/p>\n

White House threatens mass firings:<\/strong> A memo obtained by US media sees the White House preparing \u201cmass firing\u201d plans for programs lacking alternative funding in the event that Congress fails to meet a 30 September budget deadline. Failure to meet the deadline would lead to a government shutdown, in which all \u201cnon-essential operations\u201d would be ceased. \"We remain hopeful that Democrats in Congress will not trigger a shutdown and the steps outlined above will not be necessary,\" the memo \u2014 which comes days after US President Donald Trump refused a meeting with said Democrats, claiming their healthcare funding demands were \"unserious and ridiculous\" \u2014 reads.<\/p>\n

At risk of permanent firings are the programs \"not consistent with the President's <\/strong>priorities.\" <\/strong>US Senate Minority Leader Chuck Schumer was quick to denounce the memo, noting that \u201cTrump has been firing federal workers since day one \u2014 not to govern, but to scare,\" further adding that the memo is merely another attempt at intimidation. (CNN<\/a> | NBC<\/a> | WSJ<\/a> | BBC<\/a> | Axios<\/a>)<\/p>\n

MEANWHILE- Trump\u2019s concerns seem to be elsewhere.<\/strong> The US president has demanded an investigation into what he called a \u201ctriple sabotage\u201d this week at the United Nations General Assembly. The alleged sabotage includes an escalator failure, audio issues, and a malfunctioning teleprompter, which Trump claims in a lengthy post<\/a> on Truth Social were a deliberate insult. UN Secretary-General Spokesperson St\u00e9phane Dujarric noted<\/a> that the escalator malfunction was triggered by a safety mechanism \u201cdesigned to prevent people or objects accidentally being caught and stuck in or pulled into the gearing\u201d after a videographer from the US delegation stood at its top. (CNN<\/a> | BBC<\/a> | ABC<\/a> | Guardian<\/a>)<\/p>\n

ALSO-<\/strong> China announced new climate plans at the UN General Assembly <\/strong>on Wednesday<\/strong>, with President Xi Jinping vowing to cut his country\u2019s greenhouse gas emissions by 7-10% through a live video message from Beijing. The East Asian nation plans to increase its wind and solar capacity in a bid to cut down on fossil fuel reliance, Xi added. The Chinese president\u2019s statement follows Trump\u2019s speech on Tuesday, in which he called climate change \u201cthe greatest con job ever perpetrated on the world.\u201d (Reuters<\/a> | CNBC<\/a> | BBC<\/a> | Associated Press<\/a>)<\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\u2600\ufe0f <\/strong>TOMORROW\u2019S WEATHER- <\/strong>The weekend is getting a cool start, with temperatures in the capital reaching a high of just 31\u00b0C, with lows of 19\u00b0C, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good afternoon, friends, and congratulations on making it to the end of what has been a packed workweek. Here\u2019s hoping this weekend\u2019s cooler weather ushers in a calmer week. THE BIG STORY TODAY- The Madbouly government plans to keep diesel prices unchanged in the upcoming fuel price hike to contain inflation, a government source told […]<\/p>\n","protected":false},"author":1,"featured_media":672541,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7213],"tags":[104,93,633,3961,182,91,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-672540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-economy","tag-energy","tag-enterprisepm","tag-fuel-prices","tag-inflation","tag-oil-and-gas","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"aefc3108-0bea-4082-afab-fcf82701d9cb","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/10\/1568.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Gov\u2019t to keep diesel prices steady amid upcoming fuel hike","related_issue":[672538],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.ea373e1b-41e7-4922-aaf9-39e8894c5511.mp3"},"yoast_head":"\nGov\u2019t to keep diesel prices steady amid upcoming fuel hike - 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\/2025\/09\/25\/govt-to-keep-diesel-prices-steady-amid-upcoming-fuel-hike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t to keep diesel prices steady amid upcoming fuel hike\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and congratulations on making it to the end of what has been a packed workweek. 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The price of subsidized loaves of\u2026","rel":"","context":"In "Energy"","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":550301,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/no-quarterly-fuel-price-hike-for-the-first-time-in-18-months\/","url_meta":{"origin":672540,"position":2},"title":"No quarterly fuel price hike for the first time in 18 months","author":"enterpriseam admin","date":"23 October 2022","format":false,"excerpt":"A state committee left fuel prices unchanged at its latest quarterly meeting, defying expectations of another raise and ending a streak of six consecutive quarters of petrol price hikes, the Oil Ministry said in a statement yesterday. Fuel prices have seen a 23-28% hike since last April.A further price hike\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/299.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547844,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/17\/youre-going-to-pay-more-more-at-the-pumps-again\/","url_meta":{"origin":672540,"position":3},"title":"You\u2019re going to pay more more at the pumps, again","author":"enterpriseam admin","date":"17 July 2022","format":false,"excerpt":"The government raised the price of diesel last week for the first time in years as it looks to reduce its subsidy bill amid rising global energy prices. In its latest quarterly meeting, the fuel pricing committee increased the price to EGP 7.25 per liter from EGP 6.75, as well\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/162.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563794,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/25\/fuel-prices-hiked-by-up-to-3-8\/","url_meta":{"origin":672540,"position":4},"title":"Fuel prices hiked by up to 3.8%","author":"enterpriseam admin","date":"25 July 2021","format":false,"excerpt":"Fuel prices hiked for second consecutive quarter: The government raised fuel prices by up to 3.8% over the weekend in response to rising international oil prices, the Oil Ministry said in a statement on Friday. This means that motorists will now pay an extra EGP 0.25 per liter for 95,\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/222.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":672833,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/01\/lpg-cylinders-may-be-exempt-from-upcoming-fuel-price-hikes-2\/","url_meta":{"origin":672540,"position":5},"title":"LPG cylinders may be exempt from upcoming fuel price hikes","author":"enterpriseam admin","date":"1 October 2025","format":false,"excerpt":"Sources say they expect a 15-25% increase in other fuels","rel":"","context":"In "Energy"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/672540","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=672540"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/672540\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/672538"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/672541"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=672540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=672540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=672540"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=672540"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=672540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}