Egypt confirms no rise in fuel prices

Egypt's ministry of petroleum and mineral resources stressed on Tuesday that there is no intention to raise fuel prices and there would be no limitations on the amount of fuel that could be taken with the newly introduced smart card, Al-Ahram Arabic news website reported.

The introduction of the new card for fuel measures, postponed several times since 2013, is part of a long-term plan to cut state fuel subsidies, which have accounted for some 13 percent of government spending in this year's budget.

Spokesperson for the ministry Hamdy Abdel Aziz also highlighted in the statement that there would be no raise in fuel prices even after implementing the new card system.