Thursday 28 March 2024
 
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fuel prices

Qatar to let fuel prices fluctuate in subsidy reform

Qatar will allow its domestic gasoline and diesel prices to fluctuate in response to changes in global markets as it seeks to reduce waste of fuel and save money for the state budget. Currently, local fuel prices are fixed at low

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Saudi Arabia raises domestic energy prices

Saudi Arabia has raised domestic energy prices, including fuel prices, state news agency SPA said on its Twitter account on Monday. The world's largest oil exporter has set the price of 95 octane gasoline at 0.90 riyals ($0.24) per

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Saudi Arabia raises domestic energy prices

Saudi Arabia has raised domestic energy prices, including fuel prices, state news agency SPA said on its Twitter account on Monday. The world's largest oil exporter has set the price of 95 octane gasoline at 0.90 riyals ($0.24) per

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UAE frees up gasoline, diesel prices in key reform

The United Arab Emirates said it would let domestic fuel prices move more freely in a politically sensitive reform that could save the government billions of dollars and begin reducing the country's love of gas-guzzling cars with big engines

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UAE deregulates gasoline, diesel prices

The UAE has decided to deregulate fuel prices effective from August 1 and the country will adopt a new pricing policy linked to global prices. The decision, related to gasoline and diesel, is aimed at supporting the national econo

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Fuel prices in Bahrain set to double by 2017

The price of diesel for domestic consumption will almost double in three years - up from 100 fils ($0.26) at present, Bahrain’s National Oil and Gas Authority (Noga) announced yesterday (December 19). Diesel would be sold at

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ME airlines grow 14.7pc on Asia-Africa trade

Middle East and Africa based airlines grew 14.7 per cent and 7.1 per cent respectively in 2012, supported by the development of trade between Asia and Africa, said the director general and CEO of the International Air Transport Association.

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Air Arabia puts off Jordan hub plans

Low-cost carrier Air Arabia has delayed plans to establish a hub in Jordan due to  regional unrest and soaring fuel prices, the airline's CEO said on Tuesday. 'With the current environment, we have delayed the Jordan plans...

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