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It is expected that the Automatic Pricing Committee for petroleum products will hold its meeting during the first week of October to set the prices of gasoline and diesel in Egypt, following the end of current contracts on September 30. According to former Minister of Petroleum Osama Kamel, fuel prices will not change before this date, and they will be determined based on the committee's recommendation, after which the government will issue a decision. The future of gasoline and diesel prices remains uncertain due to the impact of global tensions and wars, although Kamel anticipates that any increases will be limited if they occur, given Egypt's strong foreign currency reserves, which have reached $53 billion. This bolsters the country's ability to handle global fluctuations.
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