25-33% Hike in Gasoline Prices 

Effective 24 August, Egypt raised the price of premium gasoline (90 Octane) by 25% to 25 piasters/liter (about $1.35/US gallon at the official rate of $1.00 = £E0.70) from 20 piasters/liter ($1.08/US gallon), and that of ordinary gasoline (80 Octane) by 33.3% to 20 piasters/liter ($1.08/US gallon) from 15 piasters/liter ($0.81/US gallon).

The price increase is one of a number of recent moves aimed at curbing the huge subsidies on fuels,...