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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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Saudi Arabia has committed to significant changes to its economy and society as part of its Vision 2030 reform plan. (Shutterstock)
August 15th, 2018 - 09:11 GMT

Report: Arab Countries Need to Focus on Entrepreneurial Potential and Youth


The trade surplus in first quarter rose to KD3.4 billion from KD2.3 billion the previous quarter. (Shutterstock)
August 15th, 2018 - 08:30 GMT

Report: Kuwait Current Account Hits $5.58 Billion

Saudi Arabia crown prince Mohammed bin Salman. (AFP)
August 15th, 2018 - 08:25 GMT

Saudi Arabia Gears for a Future Without Oil

U.S. crude inventories unexpectedly rose by 3.7 million barrels in the week to Aug. 10, to 410.8 million barrels. (Shutterstock)
August 15th, 2018 - 08:20 GMT

Oil Prices Fall While U.S. Crude Inventories Rises

Electric automaker Tesla has formed an independent special committee to explore the possibility of becoming a private company. (Shutterstock)
August 15th, 2018 - 08:14 GMT

Tesla Forms Special Committee to Evaluate Privatization

 The value of Dubai Chamber members exports and re-exports to India amounted to Dh3 billion during the first half of 2018. (Shutterstock)
August 15th, 2018 - 07:33 GMT

Dubai to Increase Non-Oil Trade With India to Dh110 Billion

UAE is ranked as the 17th most competitive country globally. (Shutterstock)
August 15th, 2018 - 07:28 GMT

Report: UAE Economy Ranks First as The Most Competitive Economy in MENA

Car sales are one of the important indicators illustrating the state of the Lebanese economy. (Shutterstock)
August 15th, 2018 - 07:24 GMT

Car Sales Fall in Lebanon Due to Economic Slowdown

Temenos will support financial innovation in Egypt by providing start-ups with access to the world’s number one core banking solution to be used as their development environment. (Shutterstock)
August 15th, 2018 - 07:13 GMT

New Agreement to Boost Fintech Ecosystem in Egypt

The NPSL help strengthen Oman’s payment infrastructure while supporting the introduction of innovative and efficient payment channels. (Shutterstock)
August 15th, 2018 - 07:05 GMT

Oman Central Bank to Launch E-Wallets

President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States. (AFP)
August 15th, 2018 - 07:00 GMT

Turkey to Boycott US Electronics in an Attempt to Strengthen Lira

Global oil demand growth for 2019 was lowered by 20,000 barrels per day (bpd) to 1.4 million bpd while non-OPEC oil supply in 2019 was revised up by 30,000 bpd to 2.13 million bpd. (Shutterstock)
August 14th, 2018 - 09:50 GMT

OPEC Report: Lower Oil Demand in 2019

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