• Latest
  • Trending

Egypt Slaps 9pm Business Curfew on Businesses to Tame Fuel Crisis

March 27, 2026

Buhari Estate Saved From Forfeiture in Ogun

August 15, 2026

Construction Workers Unearth $10 Million Gold Fortune in Belgian Cellar

August 15, 2026

Chadian Fugitive Nabbed in Kano, Repatriated

August 15, 2026

OsunDecides2026: Tear Gas, Polling Unit Tensions, Salaam Attack Claim, Fadahunsi Video as Voting Continues

August 15, 2026

Arrest in Kebbi Over Alleged Desecration of Qur’an for Marital Ritual

August 15, 2026

Sowore and Davido Trade Blasts Over Adeleke’s Record

August 15, 2026

IBB at 85: No Military Coup Ever Succeeded Without Civilian Backing

August 15, 2026

Osun Voters Will Defy Material Inducements, Says APC Chieftain

August 15, 2026

OsunDecides2026: Police Question Lawmaker After 146 Voters Gather at Ikire Residence

August 15, 2026

OsunDecides2026: Adeleke Casts Vote in Ede as Governorship Election Gets Underway

August 15, 2026

Davido Alleges Military Blockade at Osun Border as State Decides

August 15, 2026

London Defies Putin: Seized Russian Shadow Fleet Ships Won’t Be Released

August 14, 2026

​Former Cambridge Professor Jason Ardata Found Dead Amid Plagiarism Storm

August 14, 2026

Judge Orders Jackson Abuse Case to Private Arbitration

August 14, 2026

Kemi Adeosun Bids Final Farewell to Husband

August 14, 2026

Ex-NBA Chairman Remanded in DSS Custody Over Cyberstalking

August 14, 2026

EFCC Arraigns Woman Over N42m Fuel Scam

August 14, 2026

EFCC Charges NYSC Corps Members to Lead Anti-Corruption Crusade

August 14, 2026

NLC Pledges Solid Support for EFCC in Nationwide Anti-Graft Push

August 14, 2026

EFCC Docks Man Over N56.4m Hajj Scam

August 14, 2026

Nigeria,US Deepen Security Pact in Washington

August 14, 2026

Ondo Targets Medicine Self-Sufficiency With Sweeping Health Reforms

August 14, 2026

Truth or Treason? ValidViewNetwork Sets August 30 for Third Global Discourse

August 14, 2026

​Dino Melaye: I Own 200 Cars, Building Africa’s First Auto Museum

August 14, 2026

Anambra Police Net Successionist Suspect, 5 Others in Sweeping Raids

August 14, 2026

Osun Election: Speaker Raises Alarm Over Alleged Attacks, Demands Probe Into Security Incidents

August 14, 2026

Osun 2026: 1.9m Voters Grab PVCs Ahead of Saturday’s Poll

August 14, 2026

NFF Probe: Panel Named as Super Falcons Miss World Cup

August 14, 2026

AIG Auwal Musa Assumes Duty as 25th POLAC Commandant

August 14, 2026

Newlywed Arrested in Bauchi for Allegedly Poisoning Husband’s Meal

August 14, 2026
ADVERTISEMENT
  • Home
  • BREAKING NEWS
  • Tech
  • Entertainment
  • Lifestyle
  • Education
    • Sports
  • CONSULTATION
  • Shop
ValidView Network - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics.
ADVERTISEMENT
  • Home
  • BREAKING NEWS
  • Tech
    • All
    • Apps
    • Mobile

    Presidency Backs NASENI Drones as Reps Push Local Content in Defence Procurement

    African nations adopt plan for cheaper internet, smartphones

    Nigerian-American Engineer Secures $7M for Braiding Robot

    AI Systems Shatter Records With Perfect Scores at Math Olympiad

    Google’s $112 Billion Windfall: AI Boom Meets Massive Equity Gains

    Global Leaders Gather in Geneva to Tackle AI Governance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • CELEBRATIONS
    • Gaming
    • History and Culture
    • Movie
    • Music
    • Sports

    ​Dino Melaye: I Own 200 Cars, Building Africa’s First Auto Museum

    NFF Probe: Panel Named as Super Falcons Miss World Cup

    Seyi Vibez Escalates Feud With Dapper Music Over Alleged ₦1B Missing Funds

    Nickelodeon Icon Christy Knowings Dead at 46 After Severe Asthma Attack

    Carrick Backs Rashford to Deliver “Something Different” for Man United This Season

    Messi’s Tears Were Never Just About Football

  • Lifestyle
    • All
    • Health

    Ondo Targets Medicine Self-Sufficiency With Sweeping Health Reforms

    PHOTOS: Refuse Takes Over Abuja’s Ajose Adeogun Street as Utako Residents Face Growing Sanitation Threat

    ​Platinum Jubilee: Celebrating Olori Yetunde Tejuoso at 70

    Court Seizes Control of Billionaire Bode Akindele’s Multi-Billion Naira Estate Amid Bitter Will Dispute

    Porsha Williams Finalizes Divorce and Keeps Estate

    My Encounter With Betrayal: The Day Shodunke Refused to Spy on Chief Osoba

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Education
    • Sports
  • CONSULTATION
  • Shop
No Result
View All Result
  • Home
  • BREAKING NEWS
  • Tech
    • All
    • Apps
    • Mobile

    Presidency Backs NASENI Drones as Reps Push Local Content in Defence Procurement

    African nations adopt plan for cheaper internet, smartphones

    Nigerian-American Engineer Secures $7M for Braiding Robot

    AI Systems Shatter Records With Perfect Scores at Math Olympiad

    Google’s $112 Billion Windfall: AI Boom Meets Massive Equity Gains

    Global Leaders Gather in Geneva to Tackle AI Governance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • CELEBRATIONS
    • Gaming
    • History and Culture
    • Movie
    • Music
    • Sports

    ​Dino Melaye: I Own 200 Cars, Building Africa’s First Auto Museum

    NFF Probe: Panel Named as Super Falcons Miss World Cup

    Seyi Vibez Escalates Feud With Dapper Music Over Alleged ₦1B Missing Funds

    Nickelodeon Icon Christy Knowings Dead at 46 After Severe Asthma Attack

    Carrick Backs Rashford to Deliver “Something Different” for Man United This Season

    Messi’s Tears Were Never Just About Football

  • Lifestyle
    • All
    • Health

    Ondo Targets Medicine Self-Sufficiency With Sweeping Health Reforms

    PHOTOS: Refuse Takes Over Abuja’s Ajose Adeogun Street as Utako Residents Face Growing Sanitation Threat

    ​Platinum Jubilee: Celebrating Olori Yetunde Tejuoso at 70

    Court Seizes Control of Billionaire Bode Akindele’s Multi-Billion Naira Estate Amid Bitter Will Dispute

    Porsha Williams Finalizes Divorce and Keeps Estate

    My Encounter With Betrayal: The Day Shodunke Refused to Spy on Chief Osoba

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Education
    • Sports
  • CONSULTATION
  • Shop
No Result
View All Result
ValidView Network - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics.
No Result
View All Result

Egypt Slaps 9pm Business Curfew on Businesses to Tame Fuel Crisis

ValidViewNetwork by ValidViewNetwork
March 27, 2026
in News
0 0
0
Home News
ADVERTISEMENT
527
SHARES
549
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT
Spread the love

CAIRO — Egypt’s government has rolled out a strict 9pm curfew on shops, restaurants, malls, and cafes starting this Saturday, a desperate bid to rein in skyrocketing fuel costs that have more than doubled since the Iran war erupted last month.

Prime Minister Mostafa Madbouly unveiled the one-month measure during a televised address Thursday, warning of a “worst-case scenario” as the conflict ravages global energy markets. “Before the war, our monthly energy bill stood at $560 million for the same volume,” Madbouly said. “Now, it’s $1.65 billion — a burden we can’t sustain without action.”

The rules kick in immediately: Weekday operations wrap at 9pm sharp, while Thursdays and Fridays — Egypt’s weekend — get a slight extension to 10pm. Essential services like pharmacies and supermarkets remain exempt, officials clarified.

The move follows a 30%+ fuel price hike earlier this month, pushing diesel to EGP 17.75 per liter and gasoline variants up to EGP 17.50, per state announcements. War-related strikes on regional oil facilities, Iranian threats to seal the Strait of Hormuz (through which 20% of global crude flows in normal times), and halted tanker traffic have sent import costs through the roof. Egypt, heavily reliant on subsidized energy imports, now faces bills projected to hit $20 billion annually if the chaos persists, economists warn.

Compounding the pain, Suez Canal revenues — a lifeline bringing in $9.4 billion last year — have cratered. Rerouted shipping has slashed transit volumes by 40%, per UNCTAD figures, starving Cairo of dollars needed to prop up the battered Egyptian pound.

Advertisement. Scroll to continue reading.

Tourism Minister Sherif Fathy moved quickly to reassure visitors: “These restrictions won’t touch tourists or key sites like the pyramids or Sharm El Sheikh resorts,” his office stated. Egypt’s vital tourism sector, which drew 14.9 million visitors in 2025, dodged the axe — for now.

Madbouly stressed the curfew’s temporary nature, tying it to the war’s unpredictable trajectory. “We’re preparing for prolonged strain,” he added, hinting at broader austerity steps if Tehran-backed militias keep Hormuz choked.

Do you want to share a story with us?
Do you want to advertise with us?
Do you need publicity for a product, service, or event?
Contact us on WhatsApp +2348033617468, +234 816 612 1513, +234 703 010 7174
or Email: validviewnetwork@gmail.com
CLICK TO JOIN OUR WHATSAPP GROUP
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Business owners grumbled online, with Cairo cafe operators decrying lost evening revenue during Ramadan prep. Yet analysts see it as a pragmatic pivot: Similar energy-saving edicts in 2023 cut consumption by 15%, buying time amid subsidy reforms.

As the Iran conflict grinds into its second month, Egypt joins neighbors like Jordan and Lebanon in wartime belt-tightening, underscoring how Middle East flares ripple to everyday wallets worldwide.

Previous Post

Ministry Clarifies: Nationality Renunciation Fee Stays at N2m

Next Post

JUST IN: El-Rufai’s mother dies

ValidViewNetwork

ValidViewNetwork

Next Post

JUST IN: El-Rufai’s mother dies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the latest news from ValidViewNetwork
Loading

SPONSORED ADVERT

SPONSORED ADVERT

As the Lord liveth, you are feeling bushing this 6th month better and stronger than the way you started it in Jesus Mighty Name. Our angels of good news shall locate us this month. Shalom!

  • Home
  • BREAKING NEWS
  • Tech
  • Entertainment
  • Lifestyle
  • Education
  • CONSULTATION
  • Shop

© 2022 ValidViewNetwork - Website Developed by HaybeeMultimedia.

No Result
View All Result

© 2022 ValidViewNetwork - Website Developed by HaybeeMultimedia.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist