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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 total lPO was valued at SR 5.3 billion in 2012 and SR 1.7 billion in 2011
June 20th, 2013 - 05:00 GMT

Kingdom’s IPO subscriptions decline 53% in 6 months

The price of oil was down slightly yesterday.
June 20th, 2013 - 05:00 GMT

Kuwait says oil prices are fair

Only Saudi citizens are allowed to subscribe for IPOs
June 19th, 2013 - 10:46 GMT

Saudi Arabia IPO subscriptions decline 53% in 6 months

The UAE ranked second and its inflow rose 25 per cent to $9.6 billion
June 19th, 2013 - 10:29 GMT

Foreign direct investment in Arab world surges by 10% to $47.1b in 2012

Masdar's Seychelles Wind Farm
June 19th, 2013 - 10:24 GMT

Abu Dhabi launches wind farm in Seychelles

Central Bank of Qatar
June 19th, 2013 - 10:14 GMT

Qatar introduces bonds for trading in its market

Dubai Airport
June 19th, 2013 - 05:00 GMT

Dubai Airports eyes big break for billiards

Dubai and Abu Dhabi bourses trade cautiously
June 19th, 2013 - 05:00 GMT

Dubai slips on profit-taking but Abu Dhabi advances for second day

Central Bank of Bahrain
June 18th, 2013 - 12:57 GMT

Central Bank of Bahrain Treasury bills oversubscribed 123 per cent

Deloitte's Headquarters
June 18th, 2013 - 12:52 GMT

Deloitte releases global Takaful market report

Turkish bourse
June 18th, 2013 - 12:45 GMT

Turkey has seen $1.35 bln exit stock market since late May -minister

Investcorp
June 18th, 2013 - 12:06 GMT

Investcorp's Gulf Fund acquires 38 per cent of Saudi Arabia's AYTB

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