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Free Fuel for everyone?  Iran's bold move to beat a gasoline crisis
August 7th, 2026 - 11:33 GMT
Osama Ali

Osama Ali

Free Fuel for everyone? Iran's bold move to beat a gasoline crisis

ALBAWABA- Iran has started a statewide program to provide free compressed natural gas (CNG) to owners of dual-fuel cars, in a move aimed at reducing gasoline usage and relieving the growing pressure on the country’s fuel resources. The scheme, launched by the National Iranian Oil Refining and Distribution Company (NIORDC), allows eligible drivers to fill their vehicles free of charge at over 1,000 participating CNG stations around the country. The ...
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The majority of suppliers and specialist contractors appear to be holding their prices to protect market share and profit margins
July 31st, 2013 - 06:45 GMT

Egypt's construction sector affected by economic instability

Saudi officials said Riyadh’s population was projected to grow from 6 million to over 8 million in the next 10 years
July 30th, 2013 - 01:55 GMT

Saudi Arabia awards $22.5b metro rail contracts

17 kilograms of gold could leave the borders of Eastern Equatoria state on a daily basis
July 30th, 2013 - 12:55 GMT

South Sudan'a $200m a year gold smuggling loss

Subsidies of fuel products, which include natural gas and fuel oil as well as gasoline and diesel, for years have been a major drain on the finances of successive governments
July 30th, 2013 - 10:55 GMT

Egypt pushes ahead with smart cards for gasoline

Jordan’s exports to Pakistan totalled JD10 million last year whereas imports from Pakistan totalled JD40 million
July 30th, 2013 - 08:55 GMT

Developing Jordanian-Pakistani Commerce

GCC nations are dependent on imported machinery, raw materials and labour - could lead to lower net profit margins in the industry
July 30th, 2013 - 07:55 GMT

Gulf contracting industry experiences rapid growth

The 13 banks booked $90.06 million in credit loss provisions during the period, down from $141.12 million in the same quarter of 2012
July 30th, 2013 - 05:47 GMT

Lebanon in severe profit loss if political instability persists

The oil marketing companies are also expected to continue their track record of high dividend payouts as their balance sheets and cash positions stay strong
July 30th, 2013 - 05:41 GMT

Omani oil marketing firms' in 3% sales rise

Oman Projects Forum 2013 presents a detailed overview of the sultanate’s economy
July 29th, 2013 - 12:55 GMT

Oman set to double value of investments projects

Egypt has more refining laboratories than it has petrol production centres, and must therefore import crude oil
July 29th, 2013 - 11:55 GMT

Libya and Gulf secure oil for Egypt

Jordan is no longer a country where it is feasible for mobile manufacturers to open regional offices to reach regional markets
July 29th, 2013 - 10:55 GMT

Jordan mobile imports suffer substantial drop after tax hike

Long-term maturity period loan carries a low interest rate than other international financial institutions
July 29th, 2013 - 09:55 GMT

World Bank provides Jordan with $150m loan

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