CAIRO (Reuters) - Egypt doubled the price of tickets for millions of commuters on Cairo's loss-making metro on Thursday, angering residents already hit by a sharp rise in living costs.
Transport Minister Hisham Arafat said the increase to 2 Egyptian pounds (11 U.S. cents), effective from Friday, followed losses of 500 million pounds which put the network at risk, state-owned newspaper Al Ahram reported.
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