Middle East Economic Survey
UAE Diesel Prices Raised Again
The cost of diesel in the UAE rose by 3.45% on 25 August from Dh5.80/gallon to Dh6.00/gallon, the fifth increase this year. In May the price went up from Dh5.00/gallon to Dh5.20/gallon. In July it reached Dh5.40/gallon, before going up to Dh5.80/gallon and Dh6.00/gallon in August. While gasoline prices in the UAE are fixed by the Council of Ministers, the cost of diesel is determined by a committee...