23/09/2017 10:42 AST

Saudi Arabia is considering raising domestic prices for gasoline and jet fuel by around 80 per cent from November, said a report.

Octane-91 grade gas price will increase from 75 halalas per liter to SR1.35 per liter, reported The Saudi Gazette, citing sources.

The price of octane-95 grade gas will increase by 72 halalas. It will be sold at SR1.62 per liter compared to 90 halalas at present.

After increase, car fuel price will reach SR18 for the same quantity that is being sold at SR10 at present, said the report.

Motorists will have to pay SR36 to fill car tank with a quantity that costs SR20 at present.


Trade Arabia

Ticker Price Volume
SABIC 118.60 3,051,555
QNBK 175.00 253,804
WALAA 23.70 381,943
STC 81.90 322,056
JABALOMAR 38.30 838,646
EEC 17.96 1,356,411
SACO 71.00 167,636
New fuel oil regulations for shipping industry to create winners and losers

19/09/2018

The decision this year of the International Maritime Organization (IMO), a specialized agency of the United Nations, to introduce new rules aimed at reducing the cap on the sulfur content of marine f

Saudi Gazette

Pakistan PM Khan expected to boost aid and trade from visit to Kingdom

19/09/2018

Faced with a financial crisis at home, Pakistan Prime Minister Imran Khan’s first visit to Saudi Arabia could provide a much needed boost to the country’s political and economic confidence, experts s

Arab News

CBO issues treasury bills worth OMR30.40mn

19/09/2018

Oman’s central bank raised OMR30.40 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days, from Wednesday until October 17, 2018.

Times of Oman

Abu Dhabi details Dh50b business programme

19/09/2018

The Abu Dhabi Executive Council’s Executive Committee has revealed the details of the business and investment encouragement tenet as part of the Abu Dhabi Government Accelerators Programme “Ghadan 21

Gulf News

UAE leads in ICT Global Competitiveness Index

19/09/2018

The United Arab Emirates has achieved a new accomplishment in ICT global competitiveness by achieving advanced ranks in the Global Competitiveness Index, according to the results published recently b

The Gulf Today