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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.
Fitch Ratings-Hong Kong-23 October 2017: Fitch Ratings has affirmed Kuwait's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'AA' with a Stable Outlook.
A full list of rating ac
The 4th session of the UAE- Spain Joint Economic Committee was held in Dubai today (Monday, October 23, 2017). The ministerial meeting of the committee was chaired by H.E. Eng. Sultan bin Saeed Al Ma
The Central Bank of Bahrain (CBB) announced that this week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%.
The bills, carrying a maturity of 91 days, ar
Saudi Arabia’s central bank has joined an international standard-setting body for Islamic finance, a move that could help standardise industry practices and ease cross-border transactions in the King
An influx of European investors saw the region’s deal activity increase to six times that of the first quarter of 2017, reaching $845 million in the second quarter of this year, according to the quar
Oman Daily Observer