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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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Kurdistan is a cash-rich region and will capitalise on that to develop its market, attracting bigger investment
February 7th, 2013 - 08:31 GMT

Gulf mission to Iraq seeks to boost trade in ‘cash-rich’ Kurdistan

The Central Bank of Egypt announced that Egypt's total foreign reserves had dropped by $1.4 billion in January.
February 6th, 2013 - 01:25 GMT

Egypt's foreign reserves enough for 3 months of imports — Minister

Youth unemployment in the region is the highest globally at 23.2 percent.
February 6th, 2013 - 01:08 GMT

Youth unemployment in Arab region is highest in the world: International Labour Organization

It wants to replace the system with targeted subsidies, which would see only the most deserving members of society qualify for cheaper goods.
February 6th, 2013 - 12:59 GMT

Bahrain set to slash government spending on subsidies

Gas prices in Lebanon are continuing to rise, new figures show
February 6th, 2013 - 11:30 GMT

Gas prices in Lebanon keep on rising

Workers at Egypt's Ain Sokhna port are taking industrial action demanding employment contracts with port managers
February 6th, 2013 - 10:08 GMT

Workers on strike at Egypt's Ain Sokhna port

Saudi Arabia’s King Abdullah bin Abdulaziz Al Saud, replaced the head of the Capital Market Authority (CMA) yesterday
February 6th, 2013 - 09:45 GMT

Saudi King replaces CMA boss

According to an industry executive, returns on Qatari railway investment could top $38 billion
February 6th, 2013 - 09:32 GMT

Returns could be big on Qatari railways

A German fund is to help Lebanese SMEs in an effort to boost the economy
February 6th, 2013 - 08:44 GMT

Lebanon’s SMEs to benefit from $20 million from German fund

Egypt's Central Bank revealed yesterday that net foreign reserves fell by $1.4 billion in January
February 6th, 2013 - 04:00 GMT

Egypt's foreign reserves drop dramatically

Air Arabia carried record numbers of passengers last year
February 5th, 2013 - 01:06 GMT

Air Arabia passenger numbers taking off

The Emirates national oil company, ENOC, is shunning Iranian oil in favour of Qatari crude
February 5th, 2013 - 12:15 GMT

Emirates oil company shuns Iran in favour of Qatar

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