Middle East Economic Survey
VOL. LIII
No 29
19-Jul-2010
UAE
Gasoline Prices Hiked In UAE Under Price Liberalization Plan
UAE gasoline retailers were set to increase the price of gasoline by 20 fils ($0.05)/liter as of 15 July, official news agency WAM announced on 12 July. WAM said the increase is part of a gradual liberalization of prices. The report quoted a statement issued by the companies as saying: The announced rise comes within efforts to gradually mitigate accumulated and growing losses...
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