CAIRO - Egypt's transport ministry raised the price of tickets on the Cairo metro by up to 20% on Monday, officials in metro stations said. Tickets for rides of up to 9 stations rose to 6 Egyptian pounds ($0.19) from 5 pounds, those for up to 16 stations rose to 8 pounds from 7 pounds, and those for up to 23 stations rose to 12 pounds from 10 pounds. A new category of ticket was created for trips extending more then 23 stops, which will now cost 15 pounds, according to the metro officials. The heavily subsidised Cairo metro system, used mainly by lower-income travellers, has long run at a loss. ($1 = 30.8500 Egyptian pounds)(Reporting by Patrick Werr; Editing by Alison Williams)

Source: The North Africa Journal January 01, 2024 17:35 UTC