Egypt hikes pump prices for gasoline, diesel in subsidy reform push

CAIRO, July 25 (Xinhua) -- Egypt raised pump prices for gasoline and diesel again on Thursday, the latest step in its economic reform program aimed at managing fuel subsidies, the Ministry of Petroleum and Mineral Resources said in a statement.

The Fuel Automatic Pricing Committee adjusted prices for the third quarter, with 80-octane gasoline rising to 12.25 Egyptian pounds (0.25 U.S. dollars) per liter from 11