We were visiting friends a couple of days ago in Family Park in New Cairo, about a twenty-five mile drive from our side of Cairo - and a world apart, culturally. Life in New Cairo requires a car and the suburban lifestyle is far removed from the lingering ancient Egyptian life with donkey-carts, goats and live chicken markets that we love near the pyramids and tiny farms on the edge of Giza. In this area there is no walking to the bakery and vegetable market and passing the tiny used car dealers, as in our part of town. We passed IKEA, the Mirage Mall, the J W Marriott, the Mercedes and Audi dealerships along the Ring Road before nearing the airport and turning east toward the new Administrative Capital.
We traveled both ways courtesy of inDrive, an "Uber-like" app on the phone that seems to have eclipsed Uber as the favored way to find a ride. inDrive has much quicker availability of rides; I suspect that there must be a financial advantage for the drivers who seem to have quickly adopted it.
When we got into our driver's KIA for the return trip, I noticed his dashboard console was signaling "low tyre pressure," but that was no concern since tire repair and inflation shops abound in Egypt. But soon, the "low fuel" indicator came on as well. About 45 minutes into the ride as we neared our apartment, our driver exercised caution and pulled into a Mobil fuel plaza. This gave me the opportunity to grab a picture of the fuel pump and prices.
I always like to capture an actual pump and maybe more for these gas price posts. (see this post for a good example) The price is uniform throughout the country and across companies as it is set by the central government which provides the subsidy to keep the price affordable.
Gasoline prices continue to rise in Egypt. This year, the price of 92 octane petrol has reached 19.25 Egyptian Pounds (EGP) per liter. At the current exchange rate of about 47 EGP per US Dollar, that translates to $1.55 per gallon.
While that sounds like a bargain to the visiting American, consider the plight of an Egyptian driver who paid only 15.25 EGP per liter last year and sees this as a 26 percent increase.
The next day, we passed an OLA Energy station near Sakaara with a nice sign displaying the prices of the low grade 80 octane and diesel alternatives. On another day, our driver had a compressed natural gas (CNG) powered vehicle and refueled at the rate of 10 EGP (per cubic meter?) at a Gastec station on the edge of downtown Cairo.
Here is my updated table of gasoline prices for 92 octane fuel over the past few years.
| EGP |
US $ | |
| Year | per liter | per gallon |
| 2007 | 1.50 | 1.04 |
| 2011 | 1.42 | 0.93 |
| 2013 | 1.85 | 1.04 |
| 2014 | 1.85 | 1.01 |
| 2016 | 2.60 | 1.26 |
| 2017 | 3.50 | 0.74 |
| 2018 | 5.00 | 1.11 |
| 2019 | 6.75 | 1.46 |
| 2020 | 7.75 | 1.83 |
| 2021 | COVID | COVID |
| 2022 | 8.50 | 2.05 |
| 2023 | 9.25 | 1.19 |
| 2024 | 12.50 | 1.00 |
| 2025 | 15.25 | 1.15 |
| 2026 | 19.25 | 1.55 |
Notice that back in the "good old days" of 2007 it only took about one and a half EGP to buy a dollar versus the current 47! That is a genuine "affordability crisis!"






















































