For full coverage of Saudi Arabia’s budget, see MEED People with limited incomes won’t have to pay more for water and electricity as a result of increased utilities tariffs due to come into effect on 1 January as part of sweeping price…
Tag: gasoline
Higher UAE gasoline prices prompt filling station plan
Adnoc Distribution, the retail gasoline division of the Abu Dhabi National Oil Company (ADNOC), plans to open 125 new service stations across the UAE. The state news agency Wam reported Adnoc Distribution chief executive Abdulla al-Dhaheri as saying that it…
Higher UAE gasoline prices remain one quarter of UK level
The sharp rise in UAE gasoline prices effective 1 August still leaves them substantially below the level in most advanced economies and 75 per cent lower than the average in the UK. The UAE Ministry of Energy announced that the…
KRG tested by refugees, Baghdad budget squeeze and petrol shortage
The Kurdistan Regional Government (KRG), which is growing in status amid speculation that independence could result from the latest violent events in the rest of Iraq, is being tested by unprecedented economic challenges. At least 600,000 Syrian refugees and internally-displaced…