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Reading: Ministry of Transport increase prices of Metro tickets to EGP 3-7
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Dailynewsegypt > Blog > Business > Transport > Ministry of Transport increase prices of Metro tickets to EGP 3-7
Breaking NewsBusinessTransport

Ministry of Transport increase prices of Metro tickets to EGP 3-7

Mohamed Samir
Last updated: 2018/05/10 at 9:50 PM
By Mohamed Samir 1 Min Read
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Ministry of transport announced the increase in the prices of metro tickets on Thursday, based on the number of stations travelled.

The new prices to be implemented starting Friday, and will start from EGP 3 for the first nine stations, and EGP 5 for nine to 16 stations, up to a maximum of EGP 7 for more than 16 stations.

In March 2017, Metro tickets’ prices doubled to EGP 2 instead of EGP 1.

The National Authority for Tunnels began its procedures to apply the increase in ticket prices according to the number of stations through the setting up of new machines at metro stations.

The ministry has announced earlier that the Metro annual losses were EGP 250m.

The number of stations in the first line (Marg-Helwan) is 35 stations, while the second line (Shoubra-Mounib) is 20 stations, and the third line is expected to reach 32 stations, meant to stretch from Cairo International Airport to the Cairo University, with nine stations currently open and four stations expected to open next year.

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By Mohamed Samir
Mohamed Samir Khedr is an economic and political journalist, and analyst specialising in geopolitical conflicts in the Middle East, Africa and the Eastern Mediterranean. Over the past decade, he covered Egypt's and the MENA region's financial, business, and geopolitical updates. He is currently the Executive Editor of the Daily News Egypt. Twitter: https://twitter.com/Moh_S_Khedr LinkedIn: https://www.linkedin.com/in/mohamed-samir-khedr/
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