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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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Emirates NBD
June 12th, 2013 - 11:16 GMT

Emirates ENBD completes purchase of BNP's Egypt arm

Fitch Ratings has upgraded the bank's Viability Ratings to 'bb-' from 'b+'
June 12th, 2013 - 11:14 GMT

Fitch upgrades Gulf Bank's Viability Rating; affirms IDR at "A+";

The ongoing economic boom in the region has resulted in exceptional business opportunities
June 12th, 2013 - 10:49 GMT

Swissquote Bank expands in UAE

The pound has more than halved in value since South Sudan became independent in July 2011
June 12th, 2013 - 10:39 GMT

Sudan currency close to record low after threat of oil flow stoppage

The MoU was signed for the Ministry of Finance by Obeid Humaid Al Tayer, State Minister for Financial Affairs, and for the Central Bank by Sultan Bin Nasser Al Suwaidi, Governor of the Central Bank of the UAE
June 12th, 2013 - 10:38 GMT

UAE Ministry of Finance and Central Bank sign MoU

Consumer prices increased 0.6 percent in April, after 0.5 percent in March
June 12th, 2013 - 10:03 GMT

Yemen inflation hits 14-month high of 14% in April

Emirates Islamic Bank
June 12th, 2013 - 07:00 GMT

Emirates Islamic Bank to expand branches in UAE

Market breadth stood in favour of decliners as of the 57 securities
June 12th, 2013 - 05:00 GMT

Muscat shares advance as Financials shine

The UAE and Saudi Arabia are the largest auto component markets in the GCC
June 12th, 2013 - 05:00 GMT

Dubai property recovery spurs demand for auto parts

The additional staff will be assigned to new and existing outlets in the Gulf, Levant, Far East, Asia
June 12th, 2013 - 04:00 GMT

Sharaf Retail seeks 1,500 additional employees

Saudi Landbridge
June 11th, 2013 - 12:19 GMT

KSA expected to invest $ 45 bn to set up railway networks

Payments will be backdated to January and will cost the government BD105 million this year and next.
June 11th, 2013 - 11:06 GMT

Payouts agreed in Bahrain's national budget push

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