GulfBase Live Support
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.
The UAE, Saudi Arabia and Bahrain followed the US in raising key interest rates on Wednesday, following the announcement from the Federal Reserve. The UAE central bank said it was raising its key in
Dell EMC hosted its flagship Dell EMC Forum at the Four Seasons Hotel in Riyadh, Saudi Arabia. Following Dell Technologies’ first anniversary celebration as the world’s largest privately-controlled t
The Saudi Arabian Monetary Authority (SAMA) has directed all local banks not use any amounts of money that are deposited in the Citizen’s Account Program for any other banking purposes.
With Islamic finance assets growing 7% to $ 2.2 trillion in 2016, and projected to reach $3.8 trillion by 2022, the Islamic Finance Development Report and Indicator (IFDI) 2017 sees Islamic finance p
Oil industry services group Petrofac has ramped up its position in the Middle East with two deals worth nearly $1 billion.
On Wednesday, the London-listed company won a $160 million contract